Powerful Zcash Setup: Double Bottom Near $548 Foreshadows 140% Rally

  • ZEC surges 140% monthly, flipping BCH market cap and eyeing Cardano’s top-10 spot.
  • Technicals show a retest of the ascending trendline; double bottom at $548 offers bullish entry before push to $825+.
  • Institutional Cypherpunk Holdings adds $18 million, boosting confidence ahead of grants program and halving event.

The volatile world of cryptocurrencies, few assets have captured the spotlight like Zcash (ZEC) in late 2025. The privacy-focused altcoin has rocketed over 140% in the past month, defying a broader market slump and flipping Bitcoin Cash (BCH) in market capitalization. Now trading above $600, ZEC’s momentum shows no signs of fading, fueled by its recent halving event in November and growing institutional interest.

A Winklevoss-backed treasury firm, Cypherpunk Holdings, just scooped up an additional $18 million in ZEC, pushing its total holdings to $150 million and underscoring confidence in the coin’s zero-knowledge proof technology.

Technical Analysis: Trendline Retest and Double Bottom Setup

Technical analysts are buzzing over a fresh update from veteran trader Crypto Tony (@CryptoTony__), who shared a detailed 4-hour chart of ZEC/USD perpetual futures. The chart highlights a retest of the ascending trendline that has underpinned ZEC’s parabolic rise since its swing low in Phase B.

Key annotations point to psychological support (PSY) near $480, an ascending resistance (AR) that was recently breached, and a bullish confirmation candle (BC) signaling potential reversal strength. The upper target (UT) looms enticingly above $825, while support trend (ST) holds firm around the current levels.

Outlook and Strategic Trading Insights

According to the analysis, ZEC is at a pivotal juncture: successfully defending the trendline could propel it toward fresh all-time highs, potentially surpassing $700 and challenging Cardano’s top-10 throne. In a worst-case scenario, failure to hold could lead to a double bottom formation at $548—a classic bullish reversal pattern seen in prior cycles.

This dip would offer savvy traders an entry point before the anticipated pump, aligning with ZEC’s historical post-halving behavior where reduced block rewards (now slashed further) tighten supply and ignite demand.

Traders should monitor volume spikes and RSI for overbought signals, but the setup remains overwhelmingly bullish. In a market craving narratives beyond memes, Zcash reminds us: privacy isn’t dead—it’s profitable.

Disclaimer: This article is for informational purposes only and does not constitute financial advice. CoinCryptoNewz is not responsible for any losses incurred. Readers should do their own research before making financial decisions.

Hot this week

Coldcard Exploit Sends Bitcoin Users Back Toward Exchanges

Coldcard exploit drives major Bitcoin movements toward exchanges. OKX reports...

Solana Proposal Could Push SOL Burns to 9,000 Daily

Solana validators support proposals changing SOL supply dynamics. Daily SOL...

Coldcard Hack Losses Reach $130M as Bitcoin Theft Expands

Galaxy Research tracks 1,596 BTC stolen from Coldcard wallets. Suspected...

Circle Stock Falls as Morgan Stanley Cuts Price Target to $38

Morgan Stanley cuts Circle stock target to $38 from...

Michael Saylor Bitcoin Stance Holds as Strategy Sells 1,638 BTC

Michael Saylor says he has never sold personal Bitcoin...

Topics

Coldcard Exploit Sends Bitcoin Users Back Toward Exchanges

Coldcard exploit drives major Bitcoin movements toward exchanges. OKX reports...

Solana Proposal Could Push SOL Burns to 9,000 Daily

Solana validators support proposals changing SOL supply dynamics. Daily SOL...

Coldcard Hack Losses Reach $130M as Bitcoin Theft Expands

Galaxy Research tracks 1,596 BTC stolen from Coldcard wallets. Suspected...

Circle Stock Falls as Morgan Stanley Cuts Price Target to $38

Morgan Stanley cuts Circle stock target to $38 from...

Michael Saylor Bitcoin Stance Holds as Strategy Sells 1,638 BTC

Michael Saylor says he has never sold personal Bitcoin...

Cardano Price Jumps 10% as Dijkstra Era Lifts ADA Bets

Cardano price rose nearly 10% as ADA traded near...

Prediction Markets Hit $50.6B Record as Kalshi Leads July 

Prediction markets reached a new monthly high in July...

Iran Linked Crypto Network Faces Scrutiny After $4B Shelbit Flows

Shelbit crypto exchange processed at least $4 billion since...
spot_img

Related Articles

Popular Categories

spot_imgspot_img