Zcash (ZEC) price rose about 5% to trade near $531 following Forbes' July 10 ranking that included ZEC among the top cryptocurrencies. This boost reflects improved sentiment amid an ongoing recovery, with resistance expected between $540 and $547. Key support lies at $500, below which the price could drop to $478. Despite recent gains, concerns linger from a June security flaw in Zcash's Orchard protocol, though no exploitation has been proven. The upcoming U.S. CPI release and Bitcoin volatility may influence ZEC's price movement. Long-term bullish factors include the 2024 halving reducing new supply and a significant portion of coins held in shielded addresses, though EU regulations in 2027 pose distribution risks.
A four-year vulnerability in Zcash's Orchard protocol allowed potential unlimited counterfeit ZEC until a patch was issued in early June. Market data revealed a 12-13 times surge in ZEC trading volume on May 26, days before researchers privately disc...
After a sharp selloff, Bitcoin is stabilizing above the $60,000 support level with signs of momentum improving, though it faces strong resistance around $64,800 and higher EMAs. Dogecoin and Shiba Inu remain in long-term downtrends with weak momentum...
Zcash (ZEC) surged about 17% to around $545 after Forbes included it among the top 10 cryptocurrencies to buy, highlighting its strong fundamentals like real-world utility and store-of-value potential. The rally is supported by a tightening supply as...
Crypto derivatives markets saw $111.7 million in liquidations over 24 hours, led by Ethereum with $51.49 million, more than double Bitcoin's $20.01 million. Long positions were hit harder overall, indicating bearish pressure and pullbacks affected bu...
ZCash (ZEC) has seen a 7.04% price increase recently, supported by a 51.5% rise in trading volume and bullish technical indicators like the CMF and Awesome Oscillator. The token tested support around $370 and is now challenging the psychological resi...
