ZEC Reclaims Ground Above $500 Amid Strong Price Gains
ZCash (ZEC) has reclaimed its spot above $500 after a strong week of gains. The privacy token surged 12.48% over the past seven days, pushing it back into positive territory.
The higher timeframe trend for ZEC remains bullish, as reinforced by its rally to $750 in 2025 and subsequent pullback. This deep correction can be seen as part of the overall uptrend.
However, the price action in recent weeks has been influenced more by liquidation clusters than aggressive spot trading volumes. The two key nearby magnetic zones to monitor are $530 and $450, where swing traders may see opportunities for a reversal.