$ZEC
Hereâs a latest Zcash (ZEC) technical & market analysis with price context and chart-type insights (based on the most recent news and price action data):
đ Current ZEC Price Trend & Key Levels
ZEC has recently broken above a major resistance around ~$470â$480, completing a classic symmetrical triangle breakout, which historically signals further upside if it holds above key levels.
The Coin Republic
Near-term targets from this breakout point suggest a move toward ~$580 (about 35% upside) if bulls maintain strength.
The Coin Republic
Support levels now to watch:
đč $470â$480: New support (old resistance).
The Coin Republic
đč $420â$440: Lower support zone â losing this could weaken the breakout case.
Coin Edition
Resistance above:
đ $580â$600 zone â next hurdle if the bullish trend continues.
AInvest
đ Technical Structure (Chart-Style Observations)
Bullish Indicators
Breakouts & Patterns
â Symmetrical triangle breakout on shorter timeframes â a bullish setup with upside projection.
The Coin Republic
â Break of descending channels and channel flips suggest buyers are in control.
Coin Edition
Moving Averages & Momentum
Longer-term moving averages (20/50/100/200 MA) are supportive and price has been above them in recent sessions â indicating broader trend strength.
AInvest
Momentum Oscillators
Relative Strength Index (RSI) had reached overbought levels â bullish but implies short pauses/pullbacks can happen.
AInvestResistance
âČ ~$580â$600+
â
âČ ~$500â$520
â
âČ ~$470â$480 (breakout zone)
Support
⌠~$420â$440
⌠~$380 (deeper support)