What’s Next for ZEC After Surging 12%?
The post What’s Next for ZEC After Surging 12%? appeared on BitcoinEthereumNews.com.
Zcash price jumped 12% today after strong institutional accumulation met a tightening supply landscape. Cypherpunk Technologies acquired $18M worth of ZEC, and that purchase immediately sparked heavier demand across major venues. Meanwhile, nearly 30% of the entire supply now sits in shielded pools, and that shift reduces short-term liquidity. Additionally, ZEC price found quick support at every intraday dip, and buyers stepped in with clear confidence. Furthermore, reduced liquidity amplified the impact of new inflows, and price reacted with sharp strength. This combination strengthened sentiment throughout the session, and buyers controlled the direction from start to finish. Cup-And-Handle Formation Clears Path Toward $800 Zcash price held firmly above $600 after the recent pullback, and that behavior showed strong interest from buyers who treated the level as a dependable reset. Moreover, each dip touched the ascending trendline, and that line attracted consistent inflows from participants seeking a stable accumulation zone. At the time of writing, ZEC value trades near $672, and that level sits directly inside the handle zone forming beneath the $700 ceiling. Meanwhile, ZEC price developed a deep cup pattern, and the smooth curvature suggested steady demand during quieter phases of trading. The handle then formed beneath $700, and that compression created a clean structure that often appears before decisive continuation. However, sellers attempted repeated rejections at $700, and buyers responded with sharp absorption that preserved the entire pattern. Besides, MACD strengthened throughout this stage, and the blue line stayed above the signal line with expanding histogram bars that reflected rising buying rhythm. If buyers clear $700, the path toward $800 opens quickly, especially with deeper participation strengthening each leg upward, with. Ultimately, this alignment supports a stronger long-term ZEC price forecast, especially with BitMEX co-founder Arthur Hayes projecting a potential $1,000 Zcash price during the next major cycle. …
Filed under: News - @ November 20, 2025 1:25 pm