Zcash Blasts Past 30-Day Highs, Eyes $1800 Target
Zcash has been on a tear, rising by approximately 71% over the past 30 days. The cryptocurrency's price has broken through various resistance levels, with some analysts warning of potential pullbacks.
The current price of Zcash is $1,532.03, and it continues to test the $1800 mark. Technical indicators suggest that while short-term momentum remains strong, there is a growing risk of correction.
Prominent resistance levels currently stand at $1585 and $1615, with support areas seen at $1430 and $1450. Market participants are closely watching these key price thresholds as the cryptocurrency continues to push higher.