Zcash Rally Continues: Will Bullish Pennant Breakout Reach $1,800?
Zcash (ZEC) has been one of the strongest-performing major cryptocurrencies in September, surging above $1,500 before a sharp intraday pullback. The token is still up more than 70% over the previous 30 days, according to ZecStats data.
The recent advance follows a powerful September rally, with ZEC closing near $953 on September 3 and subsequently moving above $1,000 before accelerating toward $1,250 and then beyond $1,500. CoinGecko data shows Zcash closing at $1,336.55 on September 16 and $1,562.22 on September 18.
The bullish pennant breakout that preceded the latest acceleration remains central to the Zcash price prediction. A sustained move above the recent resistance structure could extend the measured move from the pattern, potentially pushing ZEC toward $1,800.