Price Prediction
Zcash Price May Rebound After Consolidation
Zcash (ZEC) is consolidating in a range that resembles the one that launched its last explosive rally. After a sharp pullback from its all-time high, ZEC has spent the past several weeks trading between $1,200 and $1,400. Analyst Alaoui Capital suggests the current consolidation could be a launchpad for further gains, similar to the structure that preceded ZEC's previous 250% rally. Another analyst, Ardi, sees a bullish structure forming on lower timeframes, with resistance at $1,370.