Real Vision CEO suggests Zcash surge could be driven by market rotation.
Raoul Pal's Insights on Zcash: Raoul Pal, CEO of Real Vision, suggests that the recent surge in Zcash's value is due to capital rotation in the crypto market rather than a sustained bullish trend, expressing caution about the cryptocurrency's future.
Zcash's Price Fluctuations: Despite a significant increase in value (744.9% growth since January 2025), Zcash has seen a recent decline of approximately 37% over the past month, raising questions about its ability to maintain a solid price base.
Arthur Hayes's Influence: The surge in Zcash's price was reportedly influenced by Arthur Hayes, co-founder of BitMEX, who suggested the token could reach an all-time high, leading to increased institutional interest and a proposal for a spot ETF by Grayscale Investments.
Market Context: Zcash's market capitalization rose dramatically from $1 billion in August to over $7 billion by early November, even as the broader crypto market faced declines, indicating a shift in investor focus towards privacy tokens.
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Technical Analysis for ZEC
Technical Sentiment Analysis for Zcash (ZEC) As of , Zcash (ZEC) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 3 technical signals, shows that 0 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for ZEC stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, ZEC is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Zcash (ZEC) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 25.221 | 104.896 | 182.261 | 261.936 | 339.301 | 418.976 | 496.341 |
| Fibonacci | 104.896 | 164.885 | 201.946 | 261.936 | 321.925 | 358.986 | 418.976 |
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