ZCash (ZEC) is projected to potentially rebound to $885 or even $1,036, despite recent volatility that saw its price drop from $750 to $424.35. This short-term bullish trend is tempered by a bearish divergence on the daily chart, indicating a possible pullback to $500. Analysts caution that the current risk-reward ratio is not favorable for new investors, suggesting that long-term holders might consider selling. The recent price movements in ZCash have been largely driven by privacy-related hype rather than any fundamental changes in the cryptocurrency's underlying technology or market position. As the market remains volatile, investors are advised to proceed with caution.