Zcash Price Prediction: ZEC Skyrockets 170% in a Week – Are Privacy Coins the Next 100x?
Privacy coins have reentered the conversation with a strong weekly performance from ZEC, fuelling a growing number of bullish Zcash price predictions.
The altcoin is leading gains in the top 100, up 170% with fresh engagement from institutional investors through the launch of the Grayscale Zcash Trust.
Market participants attribute the attention to zk-SNARK technology, the zero-knowledge proof system that underpins Zcash’s shielded transactions.
Backing from the world’s largest digital asset manager underscores potential demand: Institutional use-cases need rails that are private-by-default yet compliant with selective disclosure.
A gap Zcash stands to fill as the leader in shielded payments, according to a Blockworks research report, placing it at the forefront of the narrative.
ZCash Price Prediction: Could Institutional Exposure Make ZCH a 100x Play
While growing institutional demand supports Zcash, momentum indicators suggest cracks, opening the door for sellers.
The blow-off top has sent the RSI into deep overbought territory at 90, far above the 70 threshold, often a signal of local tops as buyers exhaust.
ZCH has also far exceeded the bullish pennant pattern forming over the past year, suggesting a potential correction.
Its original $115 target could act as psychological support, marking a 20% pullback as early holders take profit on the rise.
Once momentum cools and the RSI finds a stronger footing near the neutral line, institutional demand could fuel a continuation.
In this scenario, Zcash may rally another 170%, eyeing past all-time highs near $390 to enter new price discovery.
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Those who back the wrong horse are missing out on substantial gains as fresh retail liquidity floods in with altcoin season full-swing.
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