ZCash Rally Could Be Over – Here Are Potential Support Targets: Analyst

Following a powerful parabolic rally, ZCash (ZEC) has skilled a powerful worth correction within the final 24 hours, marked by a worth lack of 14.54%. As the darkhouse tries to seek out worth stability, famend market analyst Ali Martinez has postulated on a possible market peak and the next implications.

$325 Or $125 – How Low Can ZCash Go? 

In no equivocal phrases, ZCash has been one of the best performers of the current crypto market cycle, boasting a worth achieve of 1136.45% within the final 12 months. Notably, the altcoin and shock show-stealer has moved from beneath $40 in April 2025 to a peak worth of $750 this November. This worth surge has been strongly pushed by heightened interest in privacy coins amid considerations over monetary surveillance. 

However, after climbing above $700, ZCash has witnessed sturdy promoting exercise, resulting in a worth crash of over 10% and a worth level as little as $500.  In a recent video analysis, Martinez outlined the rationale behind this decline whereas additionally predicting potential help ranges within the occasion of a sustained downtrend. 

According to Martinez, ZCash’s sojourn above $700 allowed the token to come across main resistance round $750, which strongly opposed worth motion upon final contact in 2018. Based on the historic pattern, ZCash bulls would want to considerably intensify shopping for stress to maneuver previous this barrier. However, if the $750 resistance zone holds sturdy, Martinez ideas buyers to count on a sustained worth correction to round $325, indicating a possible 43% decline from the current worth stage. 

In the presence of crushing promoting stress, the analyst additionally notes potential for a steady decline to round $125, which presently is the midpoint stage of the parallel worth vary between $23.5 and $750. Nevertheless, ZCash might nonetheless preserve its current bullish construction and surge to greater ranges, contemplating different elements, one in every of which is the standing expectation of an altseason as several analysts continue to back the viability of the current crypto bull run. Moreover, ZCash presents an all-time high at $5,941, indicating loads of room for worth enchancment.

Related Reading: Bitcoin May Launch Recovery To $120,000 If This Condition Holds – Details

ZCash Becomes Hayes’ Family Office Second-Largest Holding

In different information, the co-founder of BitMEX and a key crypto determine has revealed his household workplace, Maelstrom, presently holds ZCash as its second-largest funding after Bitcoin. Hayes explained that this variation in standing is because of fast worth development during the last 12 months. However, such growth solely reinforces the high enthusiasm across the privateness narrative and strengthens the bullish potential of ZCash. 

At press time, the ZCash trades at $572, reporting a 165.7% achieve within the final month.