{"id":228857,"date":"2026-09-17T19:22:16","date_gmt":"2026-09-17T19:22:16","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=228857"},"modified":"2026-09-17T19:22:16","modified_gmt":"2026-09-17T19:22:16","slug":"zcash-zec-soars-to-a-fresh-10-year-peak-further-gains-ahead-or-time-to-cool-off","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=228857","title":{"rendered":"Zcash (ZEC) Soars to a Fresh 10-Year Peak: Further Gains Ahead or Time to Cool Off?"},"content":{"rendered":"

The popular privacy coin has once again emerged as a top performer, up double digits in the past 24 hours to briefly touch $1,400 before retracing to $1,330.<\/p>\n

ZEC\u2019s bull run has triggered painful losses (albeit some on paper) for traders who previously opened short positions, while several analysts believe the rally is far from over.<\/p>\n

\u2018Moving Like a Steam Train\u2019<\/h2>\n

Zcash continues to stun the crypto community after hitting a new 10-year high, following a whopping 2,500% explosion over the last year.\u00a0Our detailed article<\/a> explains the main factors\u00a0fueling the pump, and a potential catalyst for the recent surge is the governance update in which holders voted<\/a> to reduce block-target<\/span>\u00a0spacing from 75 seconds to 25 seconds.<\/p>\n

X user Crypto Patel explained the development would lead to faster block confirmations that could improve the transaction experience, whereas halving remains part of the planned issuance model.<\/p>\n

The rally has caught the eye of many analysts, and the majority think the bulls have no intention of handing control to the bears anytime soon. X user Altcoin Sherpa noted<\/a> that there was no deep pullback toward $1,000 as they wanted, and it seems like ZEC is building fuel for its next leg up to $1,500-$2,000.<\/p>\n

Crypto Bitlord also chipped in, arguing<\/a> that the privacy coin has been moving like \u201ca steam train\u201d and expecting a massive explosion if the price exceeds $2,000.<\/p>\n

Meanwhile, the move up has taken its toll on some traders who previously opened too-risky positions. Lookonchain revealed<\/a> that one market participant closed his long and flipped short on 767.2 ZEC ($1 million) several hours ago, only to get fully liquidated shortly after.<\/p>\n

For his part, Garret Jin is now sitting<\/a> on a paper loss of more than $26 million. After adding to his bearish bet, he now holds a 37,760 ZEC short position worth about $51.5 million, with a liquidation price of approximately $2,631.<\/p>\n

Time to Take a Break?<\/h2>\n

Two important indicators suggest that a correction may replace ZEC\u2019s up-only mode. The first one is the asset\u2019s exchange netflow. Over the past several days, inflows have significantly surpassed outflows, signaling that some investors have abandoned self-custody for centralized platforms, increasing immediate selling pressure.<\/p>\n

<\/a>ZEC Exchange Netflow, Source: CoinGlass<\/p>\n

The second element is ZEC\u2019s Relative Strength Index. Traders often use this technical tool to spot potential reversals, and it ranges from 0 to 100. Readings beyond 70 suggest the asset has entered overbought territory and could be due for a pullback, while anything below 30 is typically considered a bullish zone. Currently, the ratio stands just above the bearish figure.<\/p>\n

<\/a>ZEC RSI, Source: CryptoWaves<\/p>\n

\u00a0<\/p>\n

The post Zcash (ZEC) Soars to a Fresh 10-Year Peak: Further Gains Ahead or Time to Cool Off?<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

The popular privacy coin has once again emerged as a top performer, up double digits in the past 24 hours to briefly touch $1,400 before retracing to $1,330. ZEC\u2019s bull run has triggered painful losses (albeit some on paper) for traders who previously opened short positions, while several analysts believe the rally is far from […]<\/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-228857","post","type-post","status-publish","format-standard","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/228857"}],"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=228857"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/228857\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=228857"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=228857"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=228857"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}