Zcash (ZEC) experienced a significant price surge, climbing 56.1% in the past 24 hours to reach $144.91. This rally saw Zcash break through a long-term downtrend and surpass key resistance levels, with $151.35 now identified as the next resistance point. The cryptocurrency also recorded a 52.2% gain against Bitcoin.
Traders are closely watching $88.85 as a support level, while $162 is seen as a potential flip point that could validate further upward movement. The recent price action has sparked increased interest in Zcash as it continues to challenge higher resistance zones.
Zcash Soars 56% to $144.91, Targets $151.35 Resistance
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