• Zcash (ZEC) shows mild intraday growth despite sharp weekly declines.
• Analysts expect strong buy-side interest if prices dip below the $300 level.
• Long-term forecasts project a potential push toward the $700–$738 range in 2025.

Zcash (ZEC) is currently trading at $333.85, marking a 0.26% increase over the previous session. Despite the slight rise, broader trading activity weakened, with 24-hour volume slipping to $756.57 million, a sharp 41.93% decline that signals cooling participation across major exchanges.

The weekly picture remains pressured, as ZEC’s price sits 27.69% lower than the previous seven-day mark. Analysts note that the downturn reflects broader market hesitation amid shifting macro trends, although Zcash maintains a steady foothold in the privacy-token segment.

Possible Wick Formation Before ZEC Stabilizes

Crypto analyst HornHairs highlighted ZEC as a token likely to present a “good trade setup” in the near term. According to the analyst, price action below $300 could attract renewed buying pressure, potentially forming a wick beneath current lows before stabilizing within a range.

HornHairs added that sustained consolidation at these lower levels might ultimately set the stage for a push toward $400 or higher, assuming market conditions normalize. This perspective aligns with typical accumulation patterns observed in prior ZEC market cycles, where sharp pullbacks preceded medium-term recovery phases.

While short-term sentiment remains mixed, traders are closely monitoring whether ZEC’s support structure can hold amid declining momentum. A failure to reclaim higher levels swiftly could extend the consolidation period, but analysts argue that buying interest near historical support zones remains a key factor.

Also Read | Zcash Price Watch: Will ZEC Recover and Reach $600 Soon?

ZEC Price Prediction for 2025

According to DigitalCoinPrice, Zcash could experience a substantial rebound heading into 2025. While earlier in the year the asset briefly fell to historical lows, market forecasters now anticipate a potential rally toward the $713.33–$738.24 range by year-end.

Analysts also note the possibility of ZEC attempting to revisit or surpass its previous all-time high of $5,941.80, though such a move would require significant improvements in market sentiment, liquidity, and broader adoption of privacy-centric blockchain solutions.

Also Read | Zcash (ZEC) Tests Key Support ($436) as Price Approaches Crucial Decision Level