Zcash (ZEC) pulled again roughly 15% from a latest native peak close to $640, however a rising refrain of merchants is treating the retracement as a launchpad for one among crypto’s strongest developments of 2026.
In a post on X this morning, crypto dealer Bluntz flagged the dip as a shopping for alternative, telling followers he was “liking this dip on $zec for a push into ath” and describing ZEC as one of many strongest developments in crypto proper now.
Zcash to hit new all time highs quickly? Supply: x
The each day Binance chart exhibits ZEC buying and selling at $529.60 — up greater than 1,100% over the previous yr — with worth holding nicely above the 50-day SMA at $365.29 and the 200-day SMA at $373.60. The RSI has cooled from excessive readings however stays elevated at 75.27, suggesting the broader uptrend remains to be structurally intact regardless of the short-term pullback.
The privateness coin’s run has been pushed by a confluence of things: rising issues over monetary surveillance, stablecoin regulation, and KYC creep; shielded pool provide hitting a report 30% of circulating ZEC, up from 8% at first of 2024; and a string of high-profile endorsements from Naval Ravikant, Tyler Winklevoss, Multicoin Capital’s Tushar Jain, and BitMEX co-founder Arthur Hayes, who’s taking his fund to most threat, with HYPE, ZEC, and NEAR as his high altcoin picks. Ravikant’s October 2025 framing — that Zcash is “insurance coverage in opposition to Bitcoin” — has turn into a defining narrative for the cycle. The transfer follows BNC’s latest protection of ZEC’s 75% weekly rally toward $680 and the broader privacy altcoin thesis constructing across the asset.
Whether or not ZEC can reclaim its $638 native excessive and push towards recent cycle highs — the upside path sketched on Bluntz’s chart — will hinge on whether or not the $500 assist zone holds. A breakdown might expose worth to the $365 SMA cluster.
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