Zcash (ZEC) has extended its price breakout with volume support, sustaining bullish momentum for institutional and retail traders focused on privacy assets. According to market reports, ZEC gained 230% month‑over‑month and nearly 1,200% over the last three months, surpassing key technical resistances and triggering bullish continuation patterns. This move combines positive net inflows with an expected supply catalyst that could shift liquidity dynamics in the altcoin market.
The rally has been supported by a confluence of on‑chain and technical signals. Data cited by market reports show a Chaikin Money Flow (CMF) reading around +0.21, which suggests more significant capital inflows from larger participants; additionally, On‑Balance Volume (OBV) maintains an upward trend, confirming accumulation.
Exchange flows indicate reduced retail selling pressure: net flow to exchanges registered a drop in retail selling, as inflows went from $41.79 million to $3.66 million in a few days, which reduced selling pressure and facilitated absorption by larger buyers.
The decisive breakout occurred on October 24, placing ZEC within an ascending channel, with immediate supports identified at $372–$384 and resistances at $480 and $520; a sustained daily close above $520 would open targets toward $550–$600, according to market analysis.
Momentum indicators show relative fatigue despite the broader uptrend. The RSI has oscillated between 79.28 and 84.43, levels considered overbought and that have historically preceded consolidations or pullbacks. A recent rejection around $300 caused a 25% correction, which recalls the possibility of false breakouts.
Zcash and its gradual growth
The dual support of volume and the privacy narrative consolidates the thesis of structural demand for privacy assets, but it also introduces liquidity risks and sharp swings for managers using leverage.
Regulation and compliance remain a key uncertainty: highlighted reports link the rally to renewed interest in privacy as social and market demand; sources do not provide details on specific regulatory measures or license changes.
The next milestone to monitor is the November 2025 halving, which will reduce supply creation and could reinforce the bullish thesis if demand persists; meanwhile, the market should watch daily closes above $520 and signs of technical exhaustion to adjust exposure and risk management.
