Darling, gather round! The Zcash (ZEC) price has simply skyrocketed by a preposterous 750% in the past three months, with token holders clutching their pearls-and their 20% gains in the last 24 hours. 🤑✨
This once-dormant privacy coin, a relic from crypto’s halcyon days, has suddenly decided to sashay back into the spotlight after nearly nine years of napping since its 2016 debut. How utterly daring! 💤→🌟
Arthur Hayes: The Man Who Whispered $10K and Caused a Stir
CoinGecko, that ever-reliable gossip, reports ZEC is up by 20.8%, trading at a rather fetching $332.52 as I type. All thanks to a recent quip from Arthur Hayes, the BitMEX darling, who whimsically declared a $10,000 price target for ZEC. How utterly audacious! 🎩💬
Vibe check $ZEC to $10k 🕺💫
Hayes, known for his contrarian wit and market-shaking musings, has reignited interest in this altcoin, even after the Black Friday crash tried-and failed-to dim its sparkle. 🌪️✨
“…after a long period of silence, it [ZEC] was suddenly endorsed by a legendary Silicon Valley investor, driving everyone to follow the trend and join in, subsequently triggering a full month’s FOMO market frenzy,” said analyst AB Kuai Dong, with a dramatic flourish. 🎭📈
Zcash, my dear, has had its moments of glory, but it’s largely been forgotten in the face of tighter regulations and waning developer enthusiasm. How très tragic! 😢
But lo and behold, it’s back on the radar-and not just for nostalgia’s sake. Analysts are drawing parallels to the early Bitcoin and Ethereum mania, with structural catalysts aligning like stars in the crypto cosmos. 🌌✨
“ZEC absolutely blew my mind. Price pumped +755% in 3 months, testing the $305 ‘ATH’ resistance. Greyscale launched a Zcash trust this month, a Hyperliquid listing, an upcoming halving, and the ‘BTC vs. Zcash’ discussion triggered explosive momentum,” gushed crypto analyst Lennaert Snyder, clearly smitten. 💥💖
In the same vein, technical analyst Clifton FX spotted an ascending triangle pattern for ZEC on the 8-hour chart, hinting at a potential 100-150% upside on breakout. How thrillingly geometric! 🔺📈
$ZEC (Update)
Ascending triangle Pattern formation in 8h Timeframe.
In Case of Upside breakout we can see 100 – 150% bullish Rally📈
#ZECUSDT #ZEC #Crypto
Yet, not everyone is sipping the ZEC Kool-Aid. Ignas DeFi, a DeFi analyst with a penchant for skepticism, calls Zcash the perfect case study for viral narratives. He warns that many may become exit liquidity for coordinated pumps. How dreadfully cynical! 🚪💨
Further, Ignas describes a reflexive loop where traders see ZEC content on X (Twitter) and buy in to avoid missing out. The FOMO amplifies the hype as community members engage with more ZEC posts, feeding the cycle. Oh, the drama! 🔁🤯
Mert Helius, CEO of Helius Labs, remains unconvinced, questioning ZEC’s valuation relative to larger-cap altcoins. He quips, “Either Cardano gets flipped, or I get a hair transplant.” How delightfully absurd! 💇♂️😂
there are people who think it’s late to buy a coin because it has gone up
this is silly framing, simply look at the valuation of the coin and see if it’s undervalued
for reference, here are the coins above ZEC
either cardano gets flipped, or I get a hair transplant
Zcash Price Outlook: $281.35 – The Line Between Triumph and Tragedy
With ZEC trading at $333.77 as I pen this, all eyes are on the $281.35 support level, the supply zone’s mean threshold between $270.95 and $292.22. Every time the price tested this order block, it met sell-pressure that halted the upside-until now, of course. 🛑⚔️
Technically speaking, ZEC is trading within an ascending parallel channel. As long as it stays within this formation, it’s primed for more gains. The RSI is climbing, momentum is rising, and Zcash could reach $360-a 6% climb from current levels. How positively thrilling! 📈💫
Conversely, if the upper boundary of the channel holds as resistance, ZEC could drop. A slip below $298.35 would exacerbate the correction, and only a decisive close below $281.35 would confirm the bearish turn. Selling pressure could send ZEC spiraling to $240 or even below the $200 psychological level. How dreadfully dramatic! 📉😱
The RSI at 79 suggests ZEC is overbought, and buyer exhaustion may soon lead to a correction. Oh, the perils of greed! 😓💔
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2025-10-26 19:28