🟢 ZEC Update — Aug 24, 2026
ZEC is around $700–$710, up sharply after reaching an 8-year high near $850 over the weekend.
🚀 Momentum: Strong bullish, but extremely volatile.
🔥 Catalyst: Grayscale's Zcash ETF push, with the ETF debut reportedly scheduled for Aug. 25.
🟢 Support: $760 → $700 → $650
🔴 Resistance: $800 → $850 → $900
🎯 Bullish target: A clean break above $850 could put $900–$1,000 in focus.
⚠️ Risk: Futures activity is huge—about $9.5B 24h volume and ~$1.8B open interest—so liquidation-driven swings can be violent.
My view: 🟢 Bullish trend, but don't chase the vertical pump. Holding $700–$760 keeps the breakout structure healthy; reclaiming $850 would be a major confirmation.$ZEC
ZEC is around $700–$710, up sharply after reaching an 8-year high near $850 over the weekend.
🚀 Momentum: Strong bullish, but extremely volatile.
🔥 Catalyst: Grayscale's Zcash ETF push, with the ETF debut reportedly scheduled for Aug. 25.
🟢 Support: $760 → $700 → $650
🔴 Resistance: $800 → $850 → $900
🎯 Bullish target: A clean break above $850 could put $900–$1,000 in focus.
⚠️ Risk: Futures activity is huge—about $9.5B 24h volume and ~$1.8B open interest—so liquidation-driven swings can be violent.
My view: 🟢 Bullish trend, but don't chase the vertical pump. Holding $700–$760 keeps the breakout structure healthy; reclaiming $850 would be a major confirmation.$ZEC