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ZCash Bounces Hard: Will ZEC Crypto Be the Biggest Winner this Bear Market?

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Zcash is moving higher again at a time when most of the crypto market is still under pressure. Can Zcash break $600 price bracket? Here’s the ZEC price prediction.

According to CoinGecko, Zcash (ZEC), the privacy-focused layer-1 token, gained about +16% in the past 24 hours and traded near $587 on November 15.

Market Cap




The rise adds to a recovery that started after this week’s sharp drop. It has also reopened the question of whether ZEC might end up as one of the stronger performers during this bearish stretch.

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This latest push sits on top of a strong run over the past year. ZEC has climbed roughly +1,460% in the last 12 months.

It moved between about $485 and $597 in the past day and now carries a market value of around $9.6Bn, keeping it inside the top 20 cryptocurrencies.

ZCash Bounces Hard: Will ZEC Crypto Be the Biggest Winner this Bear Market?
(Source: Coingecko)

By comparison, the wider crypto market slipped about -2% on the day to $3.34Tn, while Bitcoin’s share of that value held near 57%.

Institutional activity added a new angle to Zcash’s rally. Cypherpunk Technologies, a treasury firm backed by Cameron and Tyler Winklevoss, said it plans to hold roughly 5% of the total ZEC supply. 

The move positions the firm as a dedicated Zcash treasury in the same way MicroStrategy built its strategy around Bitcoin.

Zcash also cleared a major resistance level on Friday, confirming what analyst Crypto Tony called an “Adam and Eve” breakout.

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ZEC Price Prediction: Can Zcash Break the $600 Resistance on Its Next Attempt?

The one-hour chart shows a sharp V-shaped rebound that forms the “Adam” structure, followed by a wider, rounded base that completes the “Eve” pattern. 

Both lows landed in the $455–$470 zone, giving the move a clear double-bottom setup.

Price then broke through the horizontal resistance near $555, a level that stopped several attempts earlier in the week. 

(Source: X)

Once ZEC closed above that line, momentum picked up fast and pushed the pair toward the $590 area at the time of the update.

The move signals that buyers have taken control after a multi-day slide that started above $750.

ZEC’s chart shows a clear shift from weakness to accumulation and now into the early stages of a trend reversal.

The setup stays intact as long as the price holds above the $555 breakout line, which remains the key level for the next move.

Another analyst posted the Zcash price outlook on X. In that chart, Zcash moved higher while Bitcoin slipped, breaking back into a short-term uptrend after protecting support near $485. 

The bounce came from the same ascending trendline that has supported the rally since early October.

(Source: X)

Price is now pushing into a descending resistance line near the $600 area, a zone that rejected earlier attempts this month. 

A clean break above it could open the way toward $640 and then $748. But if the level holds, ZEC may pull back toward $520 or even revisit $485.

For now, the chart continues to show higher lows, pointing to steady demand during Bitcoin’s pullback.

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The post ZCash Bounces Hard: Will ZEC Crypto Be the Biggest Winner this Bear Market? appeared first on 99Bitcoins.





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