- Zcash surged 56.1% in 24 hours, trading at $144.91 with resistance at $151.35 and support at $88.85.
- The breakout above the long-term downtrend highlights regained momentum after multiple retests of overhead supply zones.
- A potential flip of $162 into support is being watched as the next validation point for sustained upside movement.
Zcash recorded one of its strongest sessions in recent months, advancing 56.1% in 24 hours to reach $144.91. The surge came after the asset broke past significant resistance zones, placing focus on the next barrier at $151.35. Interestingly, the rally also drove the gains of the token against Bitcoin further, with the token ZEC/BTC higher by 52.2%. This drastic upward trend has attracted interest to both short-term resistance and support levels which will dictate the short run outlook of the token.
Break Above Long-Term Levels
The weekly chart shows a decisive move above the downward trend of resistance which had been dominating price since 2021. The breakout came after multiple tests of the overhead supply zones of approximately $72 and $88.85 which form a very vital support level at the moment. Sustained trade above this mark has provided momentum for the current rally.
In addition, Fibonacci retracement levels show earlier consolidation around $44, with retraces near the 0.618 zone providing intermediate support during the build-up. The most recent acceleration carried ZEC well above these consolidation points, extending the bullish range. However, the resistance near $151.35 remains the primary ceiling traders are monitoring.
ZEC Holds Between Key Levels
In the last 24 hours, ZEC has been traded between $88.85 and $151.35 and this indicates how volatile the move was. The highest limit of this range is the same as the immediate resistance and the lowest limit can be seen to be the recently regained support.
As long as the prices keep holding above the point of 88.85, interest will be concentrated on the short-term resistance band between $151.35 and $162
A potential flip of $162 into support is being observed as a possible validation point for sustaining further upside. For now, intraday traders are concentrating on these narrow ranges to determine the next wave of movement.
Broader Market Context and Key Levels
On higher timeframes, Zcash has now crossed into levels last tested in mid-2022. This move places the token well above the prolonged downward structure that lasted more than two years. Historical analysis shows that breakouts of such trendlines often shift market focus to prior significant price clusters.For ZEC, the immediate levels of interest include the established $88.85 support, the $151.35 resistance, and the possible flip at $162. Notably, projections show potential continuation zones stretching toward $200 if momentum sustains. However, each resistance test in this zone will remain critical for validating the broader shift in structure.
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