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CryptoMedium•13 April 2026•

1 min read

Zcash Faces Potential Correction After 60% Weekly Surge to $378

Key Facts

1Zcash is trading around $378 following a 60% weekly rally.

2Surging volume and derivatives leverage signal a risk of a late-stage momentum blow-off top.

Version History

1 additional source confirmed this story

Zcash (ZEC) is currently trading around the $378 level following a massive 60% rally over the past week. Despite the strong upward momentum, market analysts are warning of a potential "blow-off top" due to surging trading volumes and parabolic price action. Increased leverage in the derivatives market suggests that the current price move may be overextended and driven by high-risk positions rather than steady accumulation. If the bullish momentum persists, the next major psychological target for traders is the $400 mark. However, the excessive "froth" in the market raises the risk of a sharp liquidation cascade in the short term. Investors are closely monitoring support levels as the asset enters a critical stabilization phase.