Zcash Poised for $775 Breakout Amid Explosive 1,610% Rally

Bulls Face Key Resistance as ZEC Eyes $775 Target

Zcash (ZEC) has been in focus of traders after rising over 1,610% in the past 90 days, outperforming all the key altcoins. The privacy-focused coin is trading near one of the main resistance zones, with the bulls targeting the price level of $775 if momentum continues. Technical indicators point to a critical stage ahead if ZEC tests significant retracement zones that could determine whether the rally extends or cools.

Bulls Confront Key Resistance Near $680

According to analyst Ardi, ZEC is pressing against a crucial resistance zone between $670 and $685, which aligns with the 61.8% Fibonacci retracement. This level has capped rallies in the past, making it a structural pivot for the next move. The chart shows a pattern of higher lows on the 4-hour timeframe, which is a sign of steady bullish pressure.

ZECUSD 4H CHART | SOURCE: X

However, sellers appear to be still active in this zone. A failure to close above resistance could lead to a short-term reversal in terms of the double top, with the price returning to the support between $600 and $620. The 38.2% level around the $593 zone is also a possible retest point if selling pressure strengthens. Nonetheless, momentum traders are waiting patiently to see a break-and-retest pattern that supports the continuation of the bullish narrative.

Zcash Price Prediction: Break or Breakdown

Technical analyst Trader_XO showed the level of $680 as the line between continuation and correction. The market analyst suggests that the rejection of ZEC at this zone indicates that it has reached a stage of indecision. The EMAs are converging, signalling that the momentum of the trend was changing into a possible consolidation.

ZECUSD 1H CHART | SOURCE: X

Moreover, if bulls reclaim control above $680, the setup could target the $760 to $775 range. Until then, caution remains as traders await confirmation. Any repeated rejection could send the crypto back to its midrange liquidity zones at around $600-$620. This makes the 680s the "line in the sand", defining the next directional phase for Zcash.

Outperforming the Market by a Mile

Additionally, Zcash has become the best-performing crypto in the list of the top 100, doing better than such competitors as ASTR, SOON, and DASH.  This outstanding run implies a high turnover of capital into ZEC at a time of low performance in Bitcoin and Ethereum. Its dominance indicates the revival of investor confidence, as traders prefer assets showing high volatility and liquidity.

Top 100 Coins Performance Over 90 Days | Source: X

Despite the steep rise, analysts fear a potential consolidation before the next surge. However, the structure remains bullish provided the token maintains its levels of support. As the trend persists and market rotation is targeted towards the strong players, Zcash Price Prediction models indicate a possible breakout at $775, which is the next psychological milestone for the rally.