$ZEC 3W: Multi-Year Base + Key Support Hold â Zcash Primed for Explosive Move đđĄïžđ„
Zcash's 3-weekly chart shows a massive multi-year consolidation base with strong horizontal support around $20â$30 (held multiple times since 2020) and a clear rising upper resistance trend line. Current price ~$408 after respecting the lower boundary perfectly during the recent dip, now coiling tightly under the descending resistance.
Bullish macro setup intact:
â Repeated defense of major multi-year support zone
â Higher lows forming within the base structure
â Volume contracting during consolidation â classic accumulation
â RSI resetting near 50 (mirroring pre-2021 breakout phase)
â Privacy narrative + regulatory clarity gaining momentum
Targets on confirmed breakout above upper resistance (~$500â$600):
â $800â$1,000 short-term (measured move + previous highs)
â $1,500â$2,000 mid-2026
â $3,000+ full cycle extension
Invalidation: Monthly close below $20 support zone. Until then, this is premium loading territory before Zcash shields its way to new all-time highs.
