Zcash (ZEC) Surges 20% to $413 Amid Liquidity Sweep Ahead of Rate Cut

• Zcash surged to $413.92, marking a 20% gain in 24 hours and nearly 20% weekly.
• Technical indicators show a bullish trend in correction, with strong support near $308–$320.
• Market behavior suggests liquidity sweeps rather than trend reversal, hinting at another potential leg higher.

Zcash (ZEC) made headlines this week with a sharp price jump to $413.92, reflecting a 20% surge in the past 24 hours and a 19.9% increase on the weekly chart. 

The recent move into the mid-$400s follows a prolonged consolidation phase that dominated much of 2024 and early 2025.

Analysts believe that this rise is more than a random market movement. This appears to be a planned action within a larger liquidity environment.

Eric Van Tassel observed that this momentum to hit the 4-hour supply level above $400 was a characteristic of scooping up liquidity and certainly not a signal for a strong breakout. This took place with low trading volumes.

This indicates a pre-rate-hike environment where volatility is induced, and traders position themselves accordingly. Traders are actively buying, as evidenced by strong closing levels for the week and sustaining above critical support levels of $308-$320.

Until then, the market appears to be in a planned build-up phase and not in a purely automatic build-up phase.

Also Read: Zcash ZEC Set to Skyrocket: $1,500+ Price Target in 2025!

Zcash Maintains Bullish Momentum Despite Pullback

From a technical perspective, ZECUSD remains bullish even with its current short-term retreat. Looking at its weekly chart, it can be observed that all basic EMAs (20, 50, 100, 200) are aligned and pointing upwards. This indicates a continued momentum in its rising trend.

Bollinger Bands had expanded when ZECUSD moved upwards, and its current decline is headed for a middle level.

The RSI had a slight overbought reading around 76, but has moderated down to 60. This indicates that while the market corrects, this correction is a constructive one. Also, a reading above 50 for a weekly RSI indicates bullish momentum in the market.

The MACD Histogram indicates a slowing momentum that had a sharp increase. But with the MACD line still above its signal line, this indicates that a strong uptrend remains.

ZEC Eyes $450–$500 If $308–$340 Support Holds

Analysts explain that a level around $308-$340, where the 20-period moving average and the middle Bollinger Band converge, constitutes a strong support level.

As long as the price remains above this level, a possible test of new highs for ZEC around $450-$500 might be anticipated. However, a weekly closing below the 20-EMA would signal a deterioration in the momentum.

Also Read: Zcash Price Alert: ZEC Set to Soar to $738 by 2025?