Zcash price surges – What momentum could drive ZEC towards the 300 USD mark?

Zcash ( ZEC ) has increased by 8.5% in the past 24 hours, extending an impressive breakout streak for four consecutive days.

At the time of writing, ZEC is trading around 238 USD, solidly above the 20-day exponential moving average (EMA) after a strong bounce from the support area of 187 USD. This area is proving to be a reliable “price fortress”, especially after the deep correction a few days ago.

Notably, the Stochastic RSI indicator of ZEC has also bounced back from the oversold region — an early signal indicating that a recovery momentum is forming. Selling pressure seems to have eased, while buying strength quietly returns to the market.

Daily ZEC/USDT Chart | Source: TradingViewMomentum is shifting, confidence is being rekindled. If trading volume continues to increase, the current pattern could very well serve as a springboard for a stronger upward move of ZEC in the near future.

Buyers are gaining an advantage as retail activity increases

In both the spot and derivatives markets, the bulls are clearly in control. The Cumulative Volume Delta data from CryptoQuant shows that buying pressure has increased significantly for four consecutive days, reflecting the growing confidence of investors.

Source: CryptoQuantNot only institutions, but also retail investors are entering the market. The accumulation activity (accumulation) is steadily increasing, providing momentum for the upward price trend.

This is the time when many factors for price increase converge — when institutional money and individual investor confidence are aligned in the same direction. This consensus often creates a magnifying effect, pushing prices to break out even more strongly.

In summary, the on-chain signals with a “bullish” tone are firmly reinforcing the positive technical picture for ZEC.

Source: CryptoQuant## Can ZEC surpass the 300 USD mark?

The biggest challenge that Zcash is currently facing lies at the resistance level of 300 USD — a threshold that holds both psychological significance and important technical implications. A decisive breakthrough beyond this mark will be a clear affirmation of the strength of the current upward trend.

Notably, the “liquidity pockets” ( are gradually forming just above the current price range, indicating that with just a strong push, the market could witness significant fluctuations. However, if the bulls continue to maintain control, the likelihood of ZEC breaking through resistance and extending the uptrend is very high.

At this point, both technical indicators and on-chain data agree with a positive scenario. As long as ZEC remains above the EMA line and momentum indicators continue to signal optimism, reaching the 300 USD mark is just a matter of time — no longer a question of “whether it can or not.”

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