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Zcash rallies 72% in a week, eyes $550 breakout and $800 target ahead

Market News
06 May 2026
Coinpaper
View Source
Bullish
pluang ai news

Zcash (ZEC) surged nearly 72% in about a week, breaking key resistance levels above $500 and nearing $550. This rally is driven by factors like new market access via Robinhood, Grayscale ETF speculation, and a significant portion of ZEC supply being shielded, which tightens available coins for trading. If ZEC holds above $500, the price could push toward the $800 target projected by CoinCodex, although a drop below $500 might lead to a pullback to $450 or $430. The momentum is strong but may face volatility after rapid gains.

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