If you want to invest in or buy the Zcash token, and wonder what the right price is to start accumulating Zcash. Then you are in the right place. As we go through the analysis, we will determine different patterns and how Zcash reacts to them. We will also see support and resistance, which is a good area for any instrument to buy or sell. Without any further delay, let’s dive into ZEC price analysis and explore different opportunities arising from it.
ZEC Price Analysis of October 9, 2025
ZEC price created a descending channel, which cast off to the upside at 02:50 IST, supported by a golden cross of MACD. Following this breakout, the price leapt higher before forming another descending channel that broke back down at 08:00 IST, supported by a MACD death cross. But that bearish move sputtered, establishing a nice support area around $165. From there, ZEC produced a converging triangle pattern that broke to the upside at 11:55 IST, again supported by a golden cross of MACD. The breakout aided ZEC’s push higher with a break of resistance near $184 and the high for the day at $194.
Chart 1: ZEC/USDT M5 Chart, Analysed by Vallijat007, published on TradingView, October 9, 2025
ZEC price found a declining moving channel, which provided a bullish breakout at 02:50 IST, confirmed by a golden cross of MACD. Price spiked and then formed another down channel. The second channel below blasted out downwards at 8 am IST, helped by a death cross of MACD, and ZEC pierced lower, but the breakout sputtered to a support zone at $165.
Once held support, ZEC formed a converging triangle, breaking out to the upside at 11:55 IST on the back of a golden cross of MACD. Price rallied, carving out a resistance area near $184. ZEC broke the resistance zone to the upside at 04:05 IST, marking the day’s peak at $194.
Grayscale Inflows and Privacy Demand
Zcash (ZEC) has been on a tear in recent days, backed by multiple bullish catalysts, including institutional inflows via Grayscale’s Zcash Trust, soaring demand for privacy assets, and commanding technical breakout. Grayscale’s ZEC Trust, for example, witnessed its share price skyrocket from $4.9 to $13.8 in 30 days, signaling both growing accredited investor appetite and institutional kudos for Zcash as a privacy-focused crypto asset. This mirrors the earlier run BTC ETFs had and indicates a growing trend of money moving to niche coins like ZEC. Privacy concerns have also fueled interest, with mentions on social media skyrocketing, driven by fears over central bank digital currencies (CBDCs) and Bitcoin’s transparency.
For ZEC, thought leaders characterizing it as protection against economic surveillance legitimizes it as an “insurance” asset in ambiguous regulatory environments. Technical-wise, ZEC broke through its resistance at $165 to highs not observed since 2021, driven by a short squeeze that liquidated $2MM shorts. But with things like a high RSI and increasing derivatives open interest, near-term swings are likely even on an overall bullish momentum background. Market watchers anticipate Grayscale’s next quarterly report and upcoming U.S. Congressional hearings on CBDC legislation to gauge further institutional interest and regulatory effect.
Institutional Momentum and Privacy Catalysts Drive ZEC’s Bullish Outlook
Zcash’s late 2023 rally is being fueled by strong institutional inflows through Grayscale’s ZEC Trust, privacy-driven momentum, and technical confirmation of a bull reversal. Trust’s share price nearly tripled in 30 days, indicating fresh investor faith in privacy coins as CBDC debates and surveillance fears intensify. ZEC’s breakout above $165 confirms trend strength, with a possible thrust past $195 potentially extending momentum to $210. But elevated RSI and rising derivatives exposure suggest short-term volatility. Overall, ZEC remains well-positioned as institutional interest, privacy narratives, and technical structure all align, a key asset to watch for further upside momentum.
ZEC Price Analysis of September 29, 2025
ZEC price started the session consolidating in a range, which defined the low of the day at $58.90. A bullish breakout at 01:20 IST, backed by a golden cross of MACD. Spurred the price up, but flaccid momentum soon gave way to another range. This second range eventually broke higher, into a converging triangle pattern. At 08:05 IST, the triangle tried an upside breakout, with ZEC setting the day’s high at $69.31. But by 10:55 IST, the pattern shifted in the other direction with a MACD death cross. Only to give up and bounce into yet another range. Price direction now depends on a breakout – higher toward $70 or lower toward $62.
Chart 1: ZEC/USDT M5 Chart, Analysed by Vallijat007, published on TradingView, September 29, 2025
ZEC price shaped into a channel, posting the day’s low of $58.90. The range broke out to the upside at 01:20 IST, supported by a golden cross of MACD. But momentum was weak, and the ZEC price formed another range. This second range again broke out to the upside, and the price spiked to the upside, developing into a converging triangle pattern.
The converging triangle tried to break out to the upside at 08:05 IST, with ZEC price hitting the day’s high of $69.31. But the triangle pattern busted lower at 10:55 IST, aided by a MACD death cross, but the breakout was short-lived, and the price turned back up into a range. If the range breaks out to the upside, ZEC price might make another high and climb up to $70. If the range breaks out to the downside, then the ZEC price could decline to $62.
Privacy Demand Surge (Bullish Impact)
Zcash (ZEC) recently burst past a major $55 resistance level, its first time clearing this hurdle in four months, igniting bullish technical momentum with RSI at 67+ and MACD-positive. This breakout is taken by technical traders as confirmation of a trend reversal, with Fibonacci extensions projecting a possible move toward $67.45. Volume shot up, confirming the breakout, with a close above this level, suggesting more advance to the $75 level.
Together with technical robustness, ZEC saw a spike in privacy-led demand following the September launch of Zashi CrossPay, which facilitates shielded cross-chain payments on NEAR. This helped drive a 15.5% month-over-month jump in shielded transactions, making ZEC’s utility as a censorship-resistant, privacy-protecting transaction medium all the more valuable in a world of tightening global regulatory scrutiny. Competitor weakness, such as Monero’s security issues, has also played into ZEC’s hand.
Market sentiment is mixed, with influencers touting ZEC’s asymmetric privacy upside, but derivatives markets reveal a 38% spike in open interest to $19.3 million, suggesting elevated leverage risks. Crowded longs increase liquidation danger even with retail FOMO Overall, ZEC’s rally is fueled by robust technicals, increasing privacy utility, and social momentum, but deserves close monitoring for short-term overheating signals from derivative leverage and elevated RSI.
ZEC’s Outlook Balances Strong Privacy Utility with Leverage Risks
Zcash is relishing a second wind after breaking the $55 resistance for the first time in months on the back of bullish technical indicators, volume confirmation, and surging RSI. Privacy-centric transactions have experienced an increase in demand since the introduction of Zashi CrossPay, which grew shielded transactions by more than 15% every month and further established ZEC as a regulatory-compliant privacy option. Monero’s competitive weakness has only helped raise ZEC’s positioning even more. But risks persist: derivatives open interest has surged 38%, indicating crowded longs and liquidation risk if momentum wanes. A sustained move above $67.45 could set the stage for $75, but near-term overbought indicators should be watched carefully.
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