Zcash Price Prediction: Bulls Test Key Fib Level as Spot Inflows Support Short Term Recovery

Source: CryptoNewsNet Original Title: Zcash Price Prediction: Bulls Test Key Fib Level as Spot Inflows Support Short Term Recovery Original Link: ZCash price today trades near $442 after tagging the 0.618 Fibonacci retracement on the recent rebound. Buyers are attempting to hold the breakout as spot inflows improve and momentum lifts from oversold conditions. The move places attention on the $450 region, where confluence from the EMAs and prior supply creates a short term ceiling.

Spot Inflows Improve As Momentum Strengthens

Coinglass data shows a notable shift in exchange flows. ZEC recorded roughly $4.4 million in net inflows at the start of the session, reversing several days of heavy outflows that marked last week’s decline. The improvement in flows signals that buyers are returning after a prolonged distribution phase.

When inflows align with higher lows, price action tends to stabilize. Market participants are beginning to position more constructively, supported by early accumulation and improving liquidity across spot venues.

Intraday charts reflect this change. The 30 minute trend channel remains intact as buyers continue to buy dips within the rising structure. RSI sits near 57, showing positive momentum without reaching exhaustion. MACD shows a steady bullish cross that has not yet faded, highlighting persistent demand during minor pullbacks.

Fib Levels And EMAs Define The Next Move

The 4 hour chart shows ZEC challenging the 0.618 retracement near $447. This level is critical, since previous attempts to reclaim it rejected strongly. A close above this zone would confirm that buyers have regained short term trend control.

EMAs are still clustered above price. The 20 EMA sits near $402, the 50 EMA at $393, the 100 EMA near $421, and the 200 EMA around $437. Price has recently pushed above all four EMAs for the first time since the November decline, signaling the earliest signs of a structural shift.

Parabolic SAR continues to print below price, confirming bullish momentum. The break of the descending trendline from the November high adds further validation to the rebound. Sellers defended the $486 region earlier, but this zone will come back into play if ZEC clears the current Fibonacci barrier.

Key levels to watch:

• Immediate support: $418
• Major support: $391
• Breakout resistance: $447 to $450
• Secondary resistance: $486
• Upside target: $535 if trend strength improves

Developers Push For Dynamic Fees To Reduce Congestion

ZCash developers introduced a proposal aimed at modernizing the network’s outdated fee structure. The current fixed fee model has struggled under rising network activity. The team is now recommending a dynamic system that adjusts costs based on median activity from the most recent blocks. The goal is to make fees more predictable and reduce spam transactions that previously clogged shielded wallets.

Shielded Labs emphasized that roughly one third of ZEC’s supply is already shielded. They believe a more stable and responsive fee model is necessary to support long term scaling and onboard institutions. Past congestion events highlighted the risks of static fees, especially during periods of volatile token prices. The upgrade is designed to prevent abnormal fee spikes and enhance overall user experience.

The proposal also includes synthetic benchmarks designed to simulate steady network load. This ensures fees remain stable even during sudden swings in on chain activity. The community has responded positively, viewing the upgrade as essential infrastructure for the next phase of adoption.

Treasury Demand Builds As Institutions Accumulate

Institutional interest in ZCash continues to grow. A major treasury vehicle has accumulated more than 200,000 ZEC since November, now valued above $80 million. Their stated goal is to eventually control roughly 5 percent of circulating supply, a target that offers a strong long term endorsement of the asset’s utility.

Reliance Global recently shifted its entire digital asset portfolio into ZCash, liquidating all other positions. The company cited stability, privacy use cases, and long term scarcity as reasons for the consolidation.

Grayscale has also filed to convert its ZCash Trust into a spot ETF. The proposed fund would hold physical ZEC and track the CoinDesk Price Index. The filing signals that institutional products for privacy focused assets are expanding beyond the traditional trust model.

Adding to the momentum, the SEC invited ZCash founder Zooko Wilcox to a roundtable on privacy and financial oversight scheduled for December 15. The invitation signals growing regulatory interest in privacy solutions and positions ZEC as a relevant participant in policy discussions.

Outlook: Will ZCash Go Up

ZEC needs a close above $450 to confirm a breakout and open the path toward $486 and $535. Strength above this level would validate the bullish structure and extend the recovery.

Failure to break the 0.618 level keeps ZEC inside a mid range consolidation. A drop below $418 would weaken momentum and expose $391. Losing $391 turns the rebound into a corrective pullback.

If buyers hold $418 and reclaim $450 with rising inflows, the trend strengthens. If sellers push ZEC below $391, the market shifts back into a broader retracement.