Zcash is showing strong momentum right now.
$ZEC has surged around 16% and is trading near $324. Price broke above key moving averages like the 21 EMA ($291) and the 200 EMA ($298) with a strong daily candle. That kind of breakout usually signals a shift in short-term structure.
Earlier this month, ZEC bounced hard from the $184 area, and since then buyers have stepped in aggressively. Volume is healthy as well, with roughly 2.75 million ZEC traded in the last 24 hours — showing real participation behind the move.
Now price is approaching the next resistance near the 50 EMA around $340. If momentum continues and this level breaks cleanly, the next major target could be the $400–$404 zone, which was a previous high area.
Keep watching the $324–$330 range. Holding above this zone strengthens the bullish case. If price pulls back, the $300 area could act as support.
Privacy coins are gaining attention again, and ZEC is clearly benefiting from that momentum.