Zcash (ZEC) Confirms Bullish Breakout Following Technical Analysis

Zcash (ZEC) Confirms Bullish Breakout Following Technical Analysis

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by Ayman Ben Youssef

a year ago

Made with AI


Zcash (ZEC) has recently demonstrated a bullish breakout, aligning with the predictions made by renowned trader Tony. According to analysts cited in the report, the outlook is promising, as the cryptocurrency's price action has adhered to critical trendlines, indicating a strong potential for further upward movement in the near future.

Update on ZEC/USDT Analysis

On November 20, 2025, Tony provided an update on X, detailing how his earlier 4-hour chart analysis for ZEC/USDT unfolded perfectly, yielding significant profits for early investors. The price action notably respected a crucial trendline at 38, which served as a catalyst for upward momentum, allowing ZEC to test resistance levels around 45 before gaining further traction.

On-Chain Metrics and Market Trends

In addition to the price movements, recent on-chain metrics reveal a

  • 15% increase in shielded transactions
which appears to correlate with the recent price surge. As Bitcoin's halving event continues to drive altcoin season, analysts suggest that ZEC could potentially reach a target of 60 by the end of the year.

As Zcash (ZEC) shows bullish momentum, a new player has emerged in the crypto market with the launch of FROGE on the Solana blockchain. This meme coin is quickly gaining attention, with a market cap of $45 million. For more details, read more.

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