Zcash: Ironwood Upgrade Nears After Crash

Zcash developers push the Ironwood Upgrade forward to rebuild trust after the recent ZEC crash. The network upgrade targets enhanced privacy features and stability following sharp downside moves in the last six months.

Price action shows ZEC trading at $460.07 inside Bollinger Bands with upper resistance at $469.42. The 50-EMA at $421.02 acts as concrete support while the 200-EMA sits at $460.67, confirming the bullish trend structure. MACD golden cross at 13.98 reinforces momentum even as RSI at 67.66 stays neutral, suggesting a healthy retracement to the 50-EMA before continuation rather than immediate exhaustion at upper band resistance.