Zcash: Hits Highest Price in Decade

Zcash smashed its highest level in nearly a decade at $1027.83, vaporizing short positions as bulls seized control.

Price action now sits inside the Bollinger band with upper resistance at $1043.07. With RSI(14) at 74.47 flashing overbought and MACD(12,26) confirming a golden cross at 45.9, the structure remains bullish above EMA50 support of $856.88 and EMA200 at $696.94. A measured pullback toward the 50-EMA appears probable before continuation.

Traders tracking ZEC price prediction models and broader crypto market crash scenarios should watch for volume spikes near the upper band while monitoring AI industry impact on privacy coin flows.