Zcash (ZECUSD) gained about 15% on Saturday, settling near $513 as investor sentiment improved. The latest rally pushed the year-to-date gain to 652% amid market uncertainty. CoinMarketCap data show Zcash rose 14.25% in the last 24 hours, outpacing Bitcoin’s 1.5% drop, and the token’s trading volume jumped 47% to $731.44 million, leaving its market capitalization at about $8.44 billion.
ZEC rebounded from a $372 support, forming an ascending triangle and signaling accumulation, though thin liquidity could amplify volatility. A close above $470 could spur roughly a 35% rally toward $630–$640, according to analysts.
Short liquidations totaled $5.52 million, representing about 94.88% of total, underscoring ZEC’s thinner liquidity relative to larger coins. In 2025, privacy-focused blockchains have outperformed, with Zcash up about 691% year to date, suggesting sustained demand for shielded transactions. As the privacy theme remains prominent, traders should monitor resistance levels and regulatory developments that could influence price dynamics.
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