ZEC Price Prediction: Can Zcash Reach $800 After 72% Rally in a Week?
Bitcoin Ethereum News Zcash has returned to focus after a sharp weekly rally pushed ZEC through key breakout levels. The move now puts the $550 resistance area and CoinCodexs $800 projection at the center of the ZEC price prediction. ZEC Price 72% Weekly Rally Puts $550 Breakout in Focus after a sharp rally pushed ZEC price up 71.89% in about six days and 16 hours, according to the TradingView chart. The move started near the $320 area and accelerated after ZEC broke above $380. Buyers then pushed the price through $430, $450, and finally above $500, showing strong short-term momentum. Wise Advice said on X that the rally came as several market narratives formed around Zcash. The account pointed to Multicoins reported ZEC position, Robinhood listing access, Grayscale ETF speculation, and more than 30% of ZEC supply being shielded. These factors matter because new access can bring more demand, while shielded supply may reduce the amount of ZEC available for active trading. When demand rises and available supply tightens, price moves can become sharper. For now, ZEC needs to hold the $500 area to keep the breakout structure active. A move above the recent high near $550 could extend the rally. However, a drop below $500 may