Zcash price jumps 8%: Can ZEC hit $1,500 next?

Zcash (ZEC) has climbed 8.34% in the past 24 hours to approximately $1,325 on October 12, with trading volume rising 175.80% as traders assess whether the cryptocurrency can overcome resistance near $1,330 and extend its recovery toward $1,400. Zcash gained 8.34% over 24 hours, trading around $1,325 as investors watched nearby resistance levels. ZEC trading volume climbed 175.80% from the previous day, according to CoinGecko market data figures. Analyst Austin Barack identified $1,330 as an important trendline level following Zcash's recent price recovery. Eric Van Tassel warned that a possible head and shoulders pattern still needs neckline confirmation.

Source: crypto.news