$ZEC showing bullish momentum, with reports indicating a price around $1,300–$1,320 and a recent 24-hour gain. An important development is a proposal to redirect funding allocated to the Zcash Community Grants program toward a reserve for future mining rewards. The upcoming NU7 network upgrade, expected around 5 November 2026, is another key event for traders to watch.
Trading outlook: ZEC may continue moving upward if the price breaks above the $1,316–$1,323 resistance zone and holds there. Support is around $1,238; if the price falls below this level, further downside is possible. Overall, the short-term outlook appears bullish, but confirmation is important before entering a trade. These levels are indicative, and the market can change quickly.
Trading outlook: ZEC may continue moving upward if the price breaks above the $1,316–$1,323 resistance zone and holds there. Support is around $1,238; if the price falls below this level, further downside is possible. Overall, the short-term outlook appears bullish, but confirmation is important before entering a trade. These levels are indicative, and the market can change quickly.
