- ZEC hits $374, surpassing its previous cycle high.
- Momentum is strong, but overbought conditions may trigger short-term pullbacks.
- The $360 resistance area is key for determining Zcash’s next move.
Zcash (ZEC) has taken the crypto spotlight, doubling in price over just 10 days to hit $374—a seven-year peak. The rally follows bullish signals from industry veteran Arthur Hayes, who recently set a $10,000 target for ZEC, alongside a broader market lift after softer-than-expected U.S. CPI data.
Vibe check $ZEC to $10k pic.twitter.com/tBc0WaxzZ1
— Arthur Hayes (@CryptoHayes) October 26, 2025
Why ZEC is Outperforming Privacy Coins
Interestingly, ZEC’s surge is standing out among privacy-focused cryptocurrencies. Monero (XMR) and other privacy coins have shown minimal movement, highlighting Zcash as a clear market leader. Traders are now closely watching ZEC as it presses against the key resistance zone just below its all-time high.
Breaking Historical Resistance
The weekly chart reveals ZEC has traded in a horizontal range between $25 and $300 since 2020. Most of the time, it hovered near the lower end, even dipping below $25 in July 2024. Now, with prices surpassing the previous cycle high of $372, ZEC has closed above its long-term range for the first time, signaling a potential confirmed breakout.
Momentum indicators are bullish, with the Relative Strength Index (RSI) showing the highest readings since 2018. The Moving Average Convergence/Divergence (MACD) also confirms strong upward momentum, although overbought conditions suggest traders should watch for short-term retracements.
Short-Term Outlook and Possible Pullback
Despite the bullish sentiment, technical analysis warns of a possible local top. Wave counts indicate a completed corrective structure, pointing to a potential near-term peak around $455. A developing bearish divergence in the RSI further supports the risk of a short-term pullback, even as the long-term trend remains bullish.
ZEC’s price action over the past year has been spectacular, yet the near-term path is unclear. The reaction around the $360 resistance area will likely determine whether Zcash can sustain its upward momentum or face a retracement. For now, traders and investors should remain cautious but optimistic as ZEC charts a potential path to new highs.
Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses.
Also Read: Zcash Rally and Correction: Why Privacy Coins Are Gaining Investor Attention
I’m a crypto enthusiast with a background in finance. I’m fascinated by the potential of crypto to disrupt traditional financial systems. I’m always on the lookout for new and innovative projects in the space. I believe that crypto has the potential to create a more equitable and inclusive financial system.
