$ZEC
ZEC is riding a massive wave right now. After the November 15 halving cut block rewards, the price jumped over 18 % in the last 24 hours to around $397 – $406, with market cap hitting $9.6 billion and 24‑hour volume soaring past $1.2 billion ¹ ².
What’s driving it?
- *Privacy demand* – the Orchard shielded pool and Zerdinals are pulling more users into private transactions, pushing shielded holdings above 4.9 million ZEC.
- *Institutional buzz* – Grayscale’s spot‑ETF filing and big‑name backers like Arthur Hayes are adding credibility and fueling the rally.
- *Technical breakout* – ZEC cleared the $395 resistance, and the RSI is still climbing, suggesting room to test $468‑$500 in the near term ³ ⁴.
Risks include the upcoming SEC privacy roundtable (Dec 15) and possible profit‑taking after the huge 800 %+ surge in the past three months. If the $390‑$400 support holds and macro sentiment stays bullish, ZEC could aim for $500‑$600 soon; a dip below $360 would signal a short‑term correction.
Bottom line: Zcash is the privacy play that’s suddenly back in the spotlight—high volatility, big upside potential, and a clear catalyst (the halving) on the horizon. Keep an eye on the $390 support and the SEC hearing for the next move.#ZECUSDT #BTC86kJPShock #BinanceBlockchainWeek #WriteToEarnUpgrade #BinanceAlphaAlert
