Zcash (ZEC) has experienced an 8.5% price increase in the last 24 hours, continuing its upward momentum over the past four days. The cryptocurrency is currently trading at $238, maintaining support above the 20-day EMA after rebounding from $187. Technical indicators, such as the Stochastic RSI, show a recovery from oversold conditions, indicating renewed buying interest. The rally is driven by buyer dominance and increased retail accumulation, with the $300 level identified as a significant resistance point that could signal a breakout if surpassed.