$ZEC The massive regulatory overhang on Zcash is officially gone, sending $ZEC soaring to a 6-month high near $646–$690 after the SEC ended its investigation with zero enforcement action.
Technically, the bulls are completely in control—price has broken above key resistance and is holding strong above major daily EMAs (20, 50, 200).
With Grayscale eyeing a Spot ZEC ETF conversion and massive whale accumulation driving momentum, a clean breakout past the $650–$700 psychological barrier could instantly trigger the next major macro leg up.