Zcash Analyst Predicts Price Could Hit $10,000 or More

A Zcash price prediction from an analyst suggests that the cryptocurrency could reach $10,000 or more. The current price of ZEC is around $1,314, which means it would need to gain over seven times its current value to hit this target.

The prediction is based on a long-term chart showing a cup and handle pattern, which has been interpreted as a sign that the price will continue higher. However, CoinGabbar could not independently verify the $10,000 target.

ZEC recently went live on THORChain, a protocol that allows users to swap coins across different blockchains. This development may add trading activity and support for Zcash, but its impact is still unclear.