🚨 ZCASH price surges 20% 📈 Bulls target $1,500 🧠

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- On September 16, the price of Zcash (ZEC) rose more than 20% in a single day, breaking above the $1,300 mark.
- Expectations for a network upgrade boosted market confidence, helping ZEC hold up relatively well amid overall crypto market selling.
- According to data from crypto.news, at close ZEC was around $1,337. 🔥

- If the upward momentum continues, ZEC could in the short term challenge the key resistance level at $1,500.
- However, overall market sentiment is bearish, which may lead to a pullback to below $1,200.
- Data shows large whales appear to be distributing or accumulating at lower levels, suggesting increased short-term volatility.
- It’s expected that in the near term, the price will trade in a range of $1,300–$1,400, with relatively high volatility.

- Do you think ZEC’s rally is driven by technical factors or by capital flows? Feel free to share your insights.

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