Zcash (ZEC) has surged 13% in the past 24 hours, nearing the $500 mark. The rally is fueled by increasing holder confidence and strong technical momentum, setting ZEC apart from other altcoins. The Relative Strength Index (RSI) shows positive sentiment, with buyers gaining control and supporting a bullish trend. The Chaikin Money Flow indicator indicates a slowdown in capital outflows, hinting at potential net inflows. ZEC’s price is currently at $438, testing a critical resistance at $442. Upside potential remains if momentum and capital flows stay positive, with a possible target of $500 achievable. However, failure to break resistance could lead to a pullback towards $403, weakening the bullish outlook.

Read more at Yahoo Finance: Will Zcash (ZEC) Price Rally Beyond $500? Here’s What the Charts Say