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Zcash (ZEC) has extended its daily gains to 25%, supported by a massive 200% spike in trading volume. This rebound was significantly bolstered by a shift toward positive macro sentiment following the announcement of a US–Iran ceasefire. Technically, the price surge resulted from a breakout of a bullish reversal pattern on the 12-hour chart, with ZEC reaching its measured move target exactly following the move. The recovery follows a period of heavy losses, as the token had previously experienced a 75% decline from its 2025 peak near $750. Currently, ZEC is testing a critical resistance zone at $330, a level that remains pivotal for sustaining the current bullish momentum. New analyst predictions suggest a potential price push toward the $700 level if the current momentum persists, though experts warn of potential profit-taking and a retest of support levels.
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