Current price: Around $350–$370 range at the latest snapshot.
Price has seen major gains over the past year (hundreds of %) but is volatile short-term.
$ZEC briefly led privacy coins in market cap and experienced strong relative performance in 2025.
Key recent drivers
✔️ Regulatory clarity after the SEC closed its investigation without enforcement action — reduces overhang.
✔️ Resurgence in privacy coin interest — rising shielded transactions and broader narrative support.
✔️ Network upgrades & ecosystem improvements (Zebra upgrade etc.) could expand utility.
Short-term caution
❌ Technical indicators show possible bearish momentum after recent breakdowns under key support, with volatility amplified by low liquidity.
❌ Wider crypto market influence and regulation around privacy coins remain downside risks.
📌 Technical Levels to Watch
Support: ~$300–$364 area — critical for stabilizing current range.
Resistance: ~$375–$450 — reclaiming these areas could trigger more bullish structure.
Breaks below key support could signal deeper correction; sustained holds near support suggest range consolidation.
📉 Simplified Candle Chart (Recent Daily)
Below is a simple ASCII-style daily candle schematic showing approximate price movement over the past few sessions (based on ranges from CoinGecko / CoinMarketCap):