Zcash is showing serious strength right now. After a quick pullback earlier this week, ZEC price has bounced back hard, pushing close to its recent highs and reminding everyone that this bull run isn’t slowing down just yet.
At writing, ZEC trades above $165, up around 16% today. The recovery has been fast, confident, and backed by solid buying pressure. Kaleo summed it up perfectly on X: “$ZEC strength is insane.” You can see it clearly on the chart, a clean V-shaped recovery after a dip toward the $120 zone.
Buyers stepped in aggressively, flipped the short-term trend, and are now driving the ZEC price right back to where it was before the correction. The volume’s there too. This isn’t a random bounce. Traders are clearly rotating back into ZEC, and if we get a strong daily close above $165, that opens the door for another leg higher, potentially toward $180–$200 in the short term.
Privacy Coins Are Back in the Conversation
Part of this comeback makes total sense. There’s a growing buzz around privacy-focused coins again, especially as global regulations tighten and governments push for more financial transparency. That’s where Zcash shines; it’s old, it’s proven, and it has the original crypto ethos of anonymity and freedom.
On-chain data also supports the move. Active addresses and transaction volume have been trending up since early October, which tells us this isn’t just a quick speculative pump; real users are engaging with the network again.
Zcash Chart Setup Still Looks Bullish
Technically, ZEC price is in a clean uptrend: higher highs, higher lows, and strong support from moving averages.
Momentum indicators like RSI and MACD are pointing up, and they’re not overbought yet — meaning there’s still room to run.
If bulls can break above $170, the next stop could be $200, with an extended target around $240 from 2022’s resistance zone. If we do get a dip first, the $130–$135 area should act as a strong accumulation zone before the next push.
All signs point to ZEC price keeping this momentum. The speed of the rebound shows how strong the buying interest really is, and traders clearly aren’t waiting around for deep corrections.
If Bitcoin holds steady and the market keeps leaning bullish, Zcash might very well be one of the next altcoins to reach new heights. The privacy storyline is gaining traction again, and right now, ZEC price seems to be the one leading the charge.