ZCash Price Corrects 14.54% After Parabolic Rally, Analyst Predicts Drop

ZCash (ZEC) Price Correction

  • ZCash experienced a 14.54% price drop following a significant rally.
  • Over the past year, ZCash gained 1136.45%, peaking at $750 from below $40 in April 2025.
  • The recent surge was driven by increased interest in privacy coins amid financial surveillance concerns.
  • Resistance at $750 could lead to a correction to around $325, potentially a 43% decline.
  • If selling pressure continues, further declines to $125 are possible.
  • Despite this, ZCash maintains bullish potential with its all-time high at $5,941.

Investment Insights

  • Maelstrom, co-founded by BitMEX's Arthur Hayes, holds ZCash as its second-largest investment after Bitcoin.
  • This reflects confidence in the privacy coin narrative and ZCash's bullish prospects.
  • Currently, ZCash trades at $572, marking a 165.7% monthly gain.

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