Zcash (ZEC) shielded pools don reach record high; dem dey eye $400
Zcash (ZEC) jump about 25% reach around $330, making imonth gain reach about 60%, after new Zcash dashboard show say shielded pool hold record $5.18B (31.14% of circulating supply). This one mean more ZEC dey move enter privacy features, and the article link am to rising regulatory pressure on on-chain surveillance. E also talk say risk-on sentiment don return after news of possible U.S.–Iran ceasefire. Technically, ZEC break above the upper trendline of one descending triangle wey form since Dec 2025. Supertrend turn green and MACD climb above zero line, so momentum don turn bullish. Traders dey watch Fibonacci levels: ZEC dey test 38.2% retracement near $332. If e hold and break higher, resistance dey around $375 (50% retracement) and $400 as psychological level. If e fall below ~$278 e fit risk pullback to about ~$190. Key trigger for short-term trades: strength through $332/near-term resistance, with $400 as next upside magnet—if e lose ~$278 downside risk go increase.
Bullish
Both articles dey point to di same catalyst: ZEC shielded pool holdings don reach record $5.18B (31.14% of circulating supply). Dis steady move into privacy infrastructure fit attract demand and dey support a constructive narrative, especially as regulators dey tighten eye. Di latest update still reinforce broader risk-on sentiment, wey dey usually boost high-beta or narrative-driven assets.
For di chart, di descending triangle breakout and better momentum (Supertrend green, MACD above zero) dey increase di chance for continuation trades. Di stated levels give clear trading map: if e hold near ~$332, di path open to ~$375 and den di $400 psychological area. On di flip side, breakdown under ~$278 go invalidate di bullish setup and increase odds of retracement.
Net effect on ZEC na bullish, with near-term upside bias unless key supports fail.