The Latest ZCash (ZEC) price has shown significant movement over the past week. In this article, we'll examine the current ZCash price today, its 7-day performance, and the market factors shaping ZEC's price trend.
As of the latest data, ZCash is trading at $328.14, with a 24-hour change of +2.89% (+$11.08). The ZCash market cap stands at $5.41 billion, ranking it No. 18 among cryptocurrencies.
In the last 7 days, ZEC moved from approximately $350 to $328.14, reflecting a -6.2% decline. This ZEC 7-day performance indicates high volatility amid broader market consolidation.
According to the ZCash price chart for the 7-day period, ZEC has experienced a downtrend with fluctuations between $390 and $536. Analysts note that this mirrors Bitcoin's sideways movement and altcoin momentum slowdown.
The key drivers behind ZEC's recent price trend include:
ZCash reached an all-time high (ATH) of $5,941.80 on October 29, 2016 and an all-time low (ATL) of $15.97 on July 5, 2024. Comparing its historical extremes with the recent ZCash 7-day price change helps put ZEC's volatility into perspective.
While no forecast is certain, analysts are watching ZEC's key support and resistance levels at $320 and $390. Market commentary on the ZCash price prediction suggests a bullish short- to mid-term outlook driven by privacy tech upgrades and halving anticipation.
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