Zcash – Can ZEC’s 58% rally set the stage for $200 breakout?
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Key Takeaways What fueled ZEC’s rally? Zcash jumped 58% as market cap crossed $2.3 billion, with Futures Taker CVD showing strong buyer-side dominance. Can Zcash’s momentum hold? The breakout cleared $100 resistance, but neutral Spot indicators left sustainability uncertain without broader market inflows. Zcash [ZEC] stunned the market with a 58% rally, at press time, in the past 24 hours, lifting its price near $146. The surge pushed its circulating market cap to a record $2.27 billion, drawing fresh attention to the privacy-focused token. AMBCrypto will break down what this milestone means, how Futures market data reflects trader positioning, and whether technical charts support a sustained move past the $100 level. ZEC circulating market cap reaches record high Crossing the $2 billion mark is more than just a key achievement for ZEC. Market capitalization reflected not only price movement but also overall network valuation and setting a new all-time high suggested that investor confidence in ZEC had been strengthening. For a token that usually sits outside top-tier attention, this milestone signaled a shift in perception. Traders suggested it could open the door to further inflows and higher resistance tests. Source: Token Terminal Futures tilt toward buyers Adding to the bullish outlook, CryptoQuant’s Futures Taker Cumulative Volume Delta (CVD) data indicated clear buyer dominance in leveraged markets. The metric highlighted how buy-side volume outweighed sell-side flows, suggesting conviction behind ZEC’s rally. Even so, the size of buyer dominance remained below levels seen in ZEC’s earlier bull runs. That suggested leverage supported the rally, but conviction had not yet reached euphoric levels. Spot indicators stayed neutral at press time, leaving traders to watch whether futures-driven pressure would spill into ZEC’s spot market. Source: CryptoQuant Zcash technicals also lean bullish By contrast, TradingView charts showed ZEC extended its three-day surge after breaking out…
Filed under: News - @ October 3, 2025 12:24 am