{"id":126744,"date":"2026-01-13T14:33:12","date_gmt":"2026-01-13T14:33:12","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=126744"},"modified":"2026-01-13T14:33:12","modified_gmt":"2026-01-13T14:33:12","slug":"monero-smashes-670-barrier-as-zcash-implodes-privacy-capital-rotates-aggressively","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=126744","title":{"rendered":"Monero Smashes $670 Barrier As Zcash Implodes: Privacy Capital Rotates Aggressively"},"content":{"rendered":"<p><span>Monero broke past $650 this week and kept climbing as traders moved out of Zcash amid internal governance disputes. <\/span><span>The shift marked a sharp rotation inside the privacy-coin market.<\/span><\/p>\n<p><span>XMR <\/span><a class=\"general-link\" href=\"https:\/\/www.coingecko.com\/en\/coins\/monero\" target=\"_blank\" rel=\"noopener\"><span>crossed<\/span><\/a><span> $670 in the last 24 hours and reached about $579 during the early Asian session on Jan. 12, based on market data and price trackers.\u00a0<\/span><\/p>\n<p><span><\/span><\/p>\n<div class=\"chart crypto-chart-instance\">\n<div class=\"chart__header\">\n<div class=\"chart__info\">\n<div class=\"chart__info-icon\">\n<div class=\"chart__info-name\"><\/div>\n<div class=\"chart__info-symbol\"><\/div>\n<\/div>\n<div class=\"chart__info-current\">\n<div class=\"chart__info-price\"><\/div>\n<div class=\"chart__info-change\"><\/div>\n<\/div>\n<div class=\"chart__info-extra\">\n<div class=\"chart__info-label\">Market Cap<\/div>\n<div class=\"chart__info-marketcap\"><\/div>\n<\/div>\n<\/div>\n<div class=\"chart__controls\">\n<div class=\"chart__controls-group\">\n\t\t\t\t<button class=\"chart__button chart__button--24h\">24h<\/button><br \/>\n\t\t\t\t<button class=\"chart__button chart__button--7d\">7d<\/button><br \/>\n\t\t\t\t<button class=\"chart__button chart__button--30d\">30d<\/button><br \/>\n\t\t\t\t<button class=\"chart__button chart__button--1y\">1y<\/button><br \/>\n\t\t\t\t<button class=\"chart__button chart__button--all-time\">All Time<\/button>\n\t\t\t<\/div>\n<\/div>\n<\/div>\n<div class=\"chart__container\"><\/div>\n<\/div>\n<p><\/p>\n<p><span>A monthly chart posted by Ali Charts shows Monero still moving inside the long-term rising channel that has shaped its trend since 2020.<\/span><\/p>\n<p>I bet those supposed &#8220;OGs&#8221; swapping Bitcoin <a href=\"https:\/\/twitter.com\/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">$BTC<\/a> for Monero <a href=\"https:\/\/twitter.com\/search?q=%24XMR&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">$XMR<\/a> will be very disappointed if\u2026 <a href=\"https:\/\/t.co\/Nl9f6yDoPl\" target=\"_blank\" rel=\"noopener\">pic.twitter.com\/Nl9f6yDoPl<\/a><\/p>\n<p>\u2014 Ali Charts (@alicharts) <a href=\"https:\/\/twitter.com\/alicharts\/status\/2010765467904856199?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">January 12, 2026<\/a><\/p>\n\n<p><span>Price touched the upper boundary of that channel near $600 and then slowed, which points to strong resistance at that level.\u00a0<\/span><\/p>\n<p><span>The pullback signals cooling momentum after a fast rally, but the bigger trend is still intact as long as XMR stays above the rising support zone near $300.<\/span><\/p>\n<p><span>The pattern looks more like a multi-year consolidation with steadily higher lows rather than a reversal.<\/span><\/p>\n<p>DISCOVER:<a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/next-1000x-crypto\/\" target=\"_blank\" rel=\"noopener\"> Next 1000X Crypto \u2013 Here\u2019s 10+ Crypto Tokens That Can Hit 1000x This Year<\/a><\/p>\n<h2>Why Is Monero Trading Near $600 While Zcash Faces Governance Turmoil?<\/h2>\n<p><span>In Zcash\u2019s case, the pressure is coming from governance disputes and control over key ecosystem assets. Analysts are calling Zcash \u201cthe portfolio killer.\u201d<\/span><\/p>\n<p>Zcash&#8217;s entire core dev team just resigned.<\/p>\n<p>The <a href=\"https:\/\/twitter.com\/search?q=%24ZEC&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">$ZEC<\/a> token is down 20% on the news.<\/p>\n<p>Is this the end of the privacy meta? <a href=\"https:\/\/t.co\/ky6wyUy8vg\" target=\"_blank\" rel=\"noopener\">pic.twitter.com\/ky6wyUy8vg<\/a><\/p>\n<p>\u2014 Lark Davis (@LarkDavis) <a href=\"https:\/\/twitter.com\/LarkDavis\/status\/2009233346082275609?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">January 8, 2026<\/a><\/p>\n\n<p><span>Zcash is pulling back on the daily chart after a strong rally earlier this month. Price ran into heavy resistance between $470 and $500, a zone that lines up with key Fibonacci levels.<\/span><\/p>\n<p><span>That area has now turned into a short-term supply.<\/span><\/p>\n<p><span>Before the drop, ZEC was moving higher inside a rising channel. It printed higher highs and higher lows. But momentum slowed as price reached the 0.618\u20130.786 Fibonacci range.\u00a0<\/span><\/p>\n<p><span>Sellers stepped in, and the price broke below the lower edge of the channel.<\/span><\/p>\n<p><span>Since then, the tone has shifted. Several strong red candles suggest sellers are in control for now. The structure points to a deeper retracement rather than a quick bounce.<\/span><\/p>\n<p><a href=\"https:\/\/twitter.com\/hashtag\/ZEC?src=hash&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">#ZEC<\/a> \/ USDT \u2013 Daily Timeframe Analysis<a href=\"https:\/\/twitter.com\/search?q=%24Zcash&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">$Zcash<\/a> is currently in a corrective pullback after a strong impulsive move, and price is reacting around a major Fibonacci resistance zone, which is now acting as supply.<\/p>\n<p>$470 \u2013 $500<\/p>\n<p>If ZEC finds support around $300 \u2013 $320 and shows clear\u2026 <a href=\"https:\/\/t.co\/0Qz8WEmTkI\" target=\"_blank\" rel=\"noopener\">pic.twitter.com\/0Qz8WEmTkI<\/a><\/p>\n<p>\u2014 Rose Premium Signals  (@VipRoseTr) <a href=\"https:\/\/twitter.com\/VipRoseTr\/status\/2010649599355085150?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">January 12, 2026<\/a><\/p>\n\n<p><span>Attention has moved to the $300\u2013$320 zone. This area matches prior support and the base of the larger move. The analyst said Zcash is \u201ccurrently in a corrective pullback after a strong impulsive move.\u201d<\/span><\/p>\n<p><span>He added that if ZEC \u201cfinds support around $300\u2013$320 and shows a clear bullish reaction,\u201d the market could turn higher again.\u00a0<\/span><\/p>\n<p><span>Holding that level would keep the broader uptrend intact and reopen the path toward $500 and beyond.<\/span><\/p>\n<p><span>Bootstrap said the conflict began because of nonprofit legal and fiduciary limits.\u00a0<\/span><\/p>\n<p><span>These issues surfaced as the board discussed outside funding and possible structures to privatize Zashi, a self-custodial wallet designed for private Zcash transactions.<\/span><\/p>\n<p><span>The Electric Coin Company (ECC) pushed back. It said recent governance changes made its work impossible to continue.\u00a0<\/span><\/p>\n<p><span>Finance Magnates <\/span><a class=\"general-link\" href=\"https:\/\/www.financemagnates.com\/trending\/privacy-crypto-zcash-tumbles-25-after-core-developer-team-reportedly-left\/\" target=\"_blank\" rel=\"noopener\"><span>quoted<\/span><\/a><span> ECC CEO Josh Swihart, who said staff were \u201cconstructively discharged.\u201d<\/span><\/p>\n<p><span>This shift is also happening as regulators tighten their stance on privacy-focused crypto activity.<\/span><\/p>\n<p><span>In Dubai, the Dubai Financial Services Authority <\/span><a class=\"general-link\" href=\"https:\/\/www.dfsa.ae\/crypto\" target=\"_blank\" rel=\"noopener\"><span>said<\/span><\/a><span> updates to its Crypto Token regime took effect on January 12.\u00a0<\/span><\/p>\n<p><span>The revised rulebook clearly bans the use of \u201cprivacy tokens\u201d within the Dubai International Financial Centre.<\/span><\/p>\n<p>DISCOVER:<a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/new-coinbase-listings\/\" target=\"_blank\" rel=\"noopener\"> 15+ Upcoming Coinbase Listings to Watch in 2026<\/a><\/p>\n<p><span>    <\/span><\/p>\n<div class=\"nnbtc-key-takeaways\">\n<h2 class=\"nnbtc-key-takeaways__title\">Key Takeaways<\/h2>\n<p><span><br \/>\n        <\/span><\/p>\n<p><span><br \/>\n         XMR <a class=\"general-link\" href=\"https:\/\/www.coingecko.com\/en\/coins\/monero\" target=\"_blank\" rel=\"noopener\">crossed<\/a> $670 in the last 24 hours and reached about $579 during the early Asian session on Jan. 12, based on market data and price trackers.\u00a0<\/span><\/p>\n<p><span><br \/>\n    <\/span><\/p>\n<p><span><br \/>\n         Analysts are calling Zcash \u201cthe portfolio killer.\u201d<\/span><\/p>\n<p><span><br \/>\n    <\/span><\/p>\n<p><span><br \/>\n    <\/span><\/p>\n<p><span>    <\/span><\/p>\n<\/div>\n<p>    <\/p>\n<p>The post <a href=\"https:\/\/99bitcoins.com\/news\/altcoins\/monero-smashes-670-barrier-as-zcash-implodes-privacy-capital-rotates-aggressively\/\">Monero Smashes $670 Barrier As Zcash Implodes: Privacy Capital Rotates Aggressively<\/a> appeared first on <a href=\"https:\/\/99bitcoins.com\/\">99Bitcoins<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>Monero broke past $650 this week and kept climbing as traders moved out of Zcash amid internal governance disputes. The shift marked a sharp rotation inside the privacy-coin market. XMR crossed $670 in the last 24 hours and reached about $579 during the early Asian session on Jan. 12, based on market data and price [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-126744","post","type-post","status-publish","format-standard","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/126744"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=126744"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/126744\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=126744"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=126744"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=126744"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}