Zcash (ZEC) is holding above the key $260 support as participants watch whether accumulation strength can drive a breakout towards the critical $320 resistance zone.
Zcash price is approaching a critical support region as traders assess whether the current consolidation phase will lead to continued upside or a deeper corrective move.
Zcash price has shown relative strength following a sharp rally earlier this year, but momentum has slowed as the asset trades near key structural levels. Recent price action suggests ZEC is attempting to establish a base, with market participants closely monitoring support stability. As of the latest session, Brave New Coin data shows ZEC trading near $290 after consolidating above its recent breakout range.
Zcash’s CVD Holds Strong
Zcash is currently trading above the $280–$260 support region, a key demand zone identified by market observers. According to DrBullZeus, cumulative volume delta (CVD) remains strong, suggesting sustained buying pressure despite recent consolidation.
Zcash’s CVD remains strong near the $280–$260 support zone. Source: DrBullZeus via X
If this support region holds, the market could see renewed upside momentum. Historically, strong buyer absorption near support zones often precedes continuation moves, particularly when accompanied by increasing volume participation.
Technical Structure Shows Accumulation at Major Base
A broader timeframe analysis shared by Kalababas identifies the $200 level as a major structural support zone for Zcash. The chart highlights repeated accumulation behavior near this region, which could form a long-term base if sustained.
Zcash shows repeated accumulation near the $200 level, highlighting a major structural base. Source: Kalababas via X
From a structural perspective:
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The $200 zone represents major historical demand
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Price continues to hold higher support levels above this base
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Accumulation near support could strengthen long-term market structure
If accumulation continues, the analyst suggests that the structure could support a broader recovery cycle and potentially drive price towards new highs over the longer term.
Zcash Price Prediction Bullish Above $320
While support remains intact, ZCash price faces significant resistance near the $320 region. This level represents a major overhead supply zone that previously rejected price advances.
A clean breakout above $320 could confirm structural strength and open the path towards higher price targets. Some projections suggest that reclaiming this level may push ZEC towards the $550 region if broader market conditions remain favorable.
Until resistance is cleared, however, ZEC remains in a consolidation phase rather than a confirmed bullish trend.
Contrary View: Bearish Retest Scenario Remains Possible
Despite constructive accumulation signals, crypto analyst Pick warns of a potential bearish retest scenario. Analyst’s weekly chart analysis suggests ZEC could revisit lower support zones if current resistance levels continue to hold.
In this scenario, the $100 region emerges as a major downside support area based on historical price structure. Such a move would represent a deeper corrective phase rather than immediate trend continuation.
Zcash could revisit lower support zones if resistance holds, with the $100 level identified as a key downside support area. Source: Pick via X
Final Thoughts: Resistance and Support Levels
Zcash price now is currently trading within a defined range shaped by key support and resistance zones that may determine its next directional move.
ZEC price was trading near $291.03 at press time, with a market cap of approximately $4.8 billion. Source: Brave New Coin
On the downside, the $280–$260 region serves as immediate support and continues to act as a critical demand zone where buyers have shown consistent interest. Below this, the $200 level represents major structural support, marking a historically significant accumulation area. A sustained breakdown beneath these levels could expose ZEC to deeper downside risk towards the $100 region, which aligns with long-term historical price support.
On the upside, the $320 level remains the primary resistance barrier. A decisive breakout above this zone would signal structural strength and could open the path towards higher targets near $550.
Overall, holding above support strengthens bullish continuation scenarios, while failure to maintain key levels may trigger extended corrective movement.