Zcash (ZEC) has surged over 520% in the past month, defying the broader crypto sell-off. The privacy coin is close to reaching $300, a level not seen since December 2021. Technical analysis suggests a possible 25% rally if ZEC breaks out above the current consolidation pattern. A drop below $244 could trigger more liquidations and push the price towards $210.75. ZEC hit record “overbought” levels with the RSI above 92, indicating a potential cooling-off phase. Analysts see buying opportunities around $200 levels.
Read more at Cointelegraph: Can Zcash Rally Sustain as ZEC Price Rises 520% in a Month?