Zcash price forecast: ZEC is up 472% in a month, but can it sustain the rally?


Zcash price rally is grabbing headlines as ZEC climbs sharply this month, up roughly 472% over thirty days.
The surge has lifted the privacy coin back into the spotlight and forced traders to question if the gains can persist.
Rally driven by Coinbase and institutional flows
The immediate spark is a string of high-profile endorsements and infrastructure moves.
On October 22, Coinbase’s Base announced privacy feature integration using Iron Fish’s zero-knowledge proof technology, and markets responded by treating ZEC as a proxy for institutional-grade privacy plays.
That narrative gained reinforcement from a newly launched Grayscale ZEC Fund, which now holds roughly $29.89 million in assets despite a 2.50% expense ratio, drawing in institutional dollars that otherwise avoid small altcoins.
Retail and futures activity have also accelerated, with futures open interest topping roughly $236 million, and 24-hour volumes exceeding $1 billion, signalling both speculative and directional interest.
Technical outlook: Can Zcash price hold?
Technical analysis presents a mixed picture.
ZEC has cleared a critical pivot at $272.68 and shows bullish MACD and RSI divergence, prompting targets in the $284–$314 zone.
There is also a classic double-top pattern forming with a peak near $297 and a neckline around $185, a formation that often precedes a steep reversal.
Market analysts have flagged $188.50 as a critical support level, with $155.02 listed as the next buffer if sellers push harder.

Wyckoff patterns and percentage price oscillator crossovers complicate the bullish case, with market analysis showing ZEC has moved from accumulation into potential distribution.
If price action reverses and breaks the $185–$189 area, further markdown toward longer-term moving averages becomes a realistic outcome.
Supply squeeze and what it means
Another structural driver is the growing Zcash shielded pool.
Roughly 4.5–4.6 million ZEC currently sit in shielded addresses, representing about 27.5% of the circulating supply, and those coins are less likely to hit exchanges.
That dynamic tightens effective liquidity and gives upward pressure when demand rises.
In addition, exchange net flows recently flipped negative by about $4.06 million in 24 hours, which aligns with on-chain evidence of retail accumulation rather than wholesale sell-offs.
At the same time, whale metrics have cooled, with the Chaikin Money Flow (CMF) for large holders dropping significantly from earlier October highs, suggesting cautious behaviour among big players.
The result is a market where smaller buyers help move the price while large holders watch from the sidelines.
Regulatory uncertainty around privacy tools also remains an overhang and could change sentiment quickly.
What investors should watch out for
In the near term, ZEC needs to hold above the $272 pivot to keep bulls confident.
A close below $247 would likely trigger profit-taking and raise pressure toward $188–$155.
Traders should monitor the shielded pool trends and Base’s privacy rollout metrics closely; those adoption indicators matter more now than usual because they underpin the narrative.
Traders should also watch Grayscale inflows and futures positioning for signs that institutions continue to support the rally.
For now, price action balances on a knife-edge between momentum and technical risk.
Over the past day, Zcash (ZEC) has surged by 7.7% with a 24-hour trading range of between $251.82 and $304.45, which shows heightened intraday volatility.
While the Zcash price rally has momentum, sustaining these gains demands continued on-chain adoption and steady institutional flow.
The post Zcash price forecast: ZEC is up 472% in a month, but can it sustain the rally? appeared first on Invezz
Zcash price forecast: ZEC is up 472% in a month, but can it sustain the rally?


Zcash price rally is grabbing headlines as ZEC climbs sharply this month, up roughly 472% over thirty days.
The surge has lifted the privacy coin back into the spotlight and forced traders to question if the gains can persist.
Rally driven by Coinbase and institutional flows
The immediate spark is a string of high-profile endorsements and infrastructure moves.
On October 22, Coinbase’s Base announced privacy feature integration using Iron Fish’s zero-knowledge proof technology, and markets responded by treating ZEC as a proxy for institutional-grade privacy plays.
That narrative gained reinforcement from a newly launched Grayscale ZEC Fund, which now holds roughly $29.89 million in assets despite a 2.50% expense ratio, drawing in institutional dollars that otherwise avoid small altcoins.
Retail and futures activity have also accelerated, with futures open interest topping roughly $236 million, and 24-hour volumes exceeding $1 billion, signalling both speculative and directional interest.
Technical outlook: Can Zcash price hold?
Technical analysis presents a mixed picture.
ZEC has cleared a critical pivot at $272.68 and shows bullish MACD and RSI divergence, prompting targets in the $284–$314 zone.
There is also a classic double-top pattern forming with a peak near $297 and a neckline around $185, a formation that often precedes a steep reversal.
Market analysts have flagged $188.50 as a critical support level, with $155.02 listed as the next buffer if sellers push harder.

Wyckoff patterns and percentage price oscillator crossovers complicate the bullish case, with market analysis showing ZEC has moved from accumulation into potential distribution.
If price action reverses and breaks the $185–$189 area, further markdown toward longer-term moving averages becomes a realistic outcome.
Supply squeeze and what it means
Another structural driver is the growing Zcash shielded pool.
Roughly 4.5–4.6 million ZEC currently sit in shielded addresses, representing about 27.5% of the circulating supply, and those coins are less likely to hit exchanges.
That dynamic tightens effective liquidity and gives upward pressure when demand rises.
In addition, exchange net flows recently flipped negative by about $4.06 million in 24 hours, which aligns with on-chain evidence of retail accumulation rather than wholesale sell-offs.
At the same time, whale metrics have cooled, with the Chaikin Money Flow (CMF) for large holders dropping significantly from earlier October highs, suggesting cautious behaviour among big players.
The result is a market where smaller buyers help move the price while large holders watch from the sidelines.
Regulatory uncertainty around privacy tools also remains an overhang and could change sentiment quickly.
What investors should watch out for
In the near term, ZEC needs to hold above the $272 pivot to keep bulls confident.
A close below $247 would likely trigger profit-taking and raise pressure toward $188–$155.
Traders should monitor the shielded pool trends and Base’s privacy rollout metrics closely; those adoption indicators matter more now than usual because they underpin the narrative.
Traders should also watch Grayscale inflows and futures positioning for signs that institutions continue to support the rally.
For now, price action balances on a knife-edge between momentum and technical risk.
Over the past day, Zcash (ZEC) has surged by 7.7% with a 24-hour trading range of between $251.82 and $304.45, which shows heightened intraday volatility.
While the Zcash price rally has momentum, sustaining these gains demands continued on-chain adoption and steady institutional flow.
The post Zcash price forecast: ZEC is up 472% in a month, but can it sustain the rally? appeared first on Invezz