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01/05/26 11:13 UTC-04

Rising Zcash metrics set the stage for a move toward $400 for ZEC

Cryptocurrency Cryptocurrency
Cryptocurrency Rising Zcash metrics set the stage for a move toward $400 for ZEC

Trading volume for Grayscale’s Zcash Trust (ZCSH) has doubled, surpassing $2 million in daily volume, while the total amount of shielded Zcash tokens has reached an all-time high.

Two separate signals — one institutional and one on-chain — are clearly drawing attention.

Currently, shielded tokens account for approximately 30% of the total $ZEC supply, marking the highest level ever recorded.


Data from finance.yahoo

On the daily chart, $ZEC is trading around $335, recovering from February lows near $185. The key resistance zone now stands at $400.

This barrier, marked by a red dashed line, already rejected price in April and serves as the line separating the current recovery from a true trend reversal attempt.


Data from TradingView

The privacy coin is currently consolidating between $300 and $380, indicating either the need to build a new base in this range or a risk of slipping back toward the $240–260 support zone.

In the event of a breakout, clearing the $400 level opens the path to $457, followed by higher targets at $527 and $600, all of which previously acted as support and resistance zones in November–December 2025.

The daily chart shows the asset at a decision point, where initial gains from the lows have already been realized, and the next phase requires a breakout above real resistance rather than just a bounce from the lower range.

See also: "Morgan Stanley explains five reasons why the company remains bullish on cryptocurrencies"

#Zcash #Forecast

Editor: Alyona Nabok
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18/05/26 07:17 UTC-04

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