Zcash (ZEC) needs a decisive daily close above the key resistance of $748 to open a path to the four digits, according to recent analysis; that threshold, accompanied by a sustained increase in volume, is presented as the technical condition that would determine the next bullish leg and affects traders, institutional investors and privacy users. The thesis combines concrete technical signals, the effect of scheduled supply reductions and growing institutional attention.
The central technical point is the barrier at $748: “its next step depends on one thing: a decisive breakout above $748 backed by fresh volume,” said a market report quoted by Yahoo Finance. If ZEC surpasses that level with confirmation, the immediate target mentioned is $1.010, with Fibonacci extensions pointing to $1.332, $1.669 and $3.428; conversely, a drop below $488 would invalidate the bullish structure.
The indicators to watch are the On‑Balance Volume (OBV) —a gauge of buy/sell pressure— and the Chaikin Money Flow (CMF), which tracks large capital inflows; the analysis requires that the OBV break its downtrend and that the CMF exceed 0,14 to validate the move.
Definition: the halving is the scheduled reduction of the block reward that decreases the issuance of new token; the last one occurred in November of 2024 and, according to reports, contributed to a subsequent rally. According to market data cited in the analysis, ZEC accumulated abrupt rises recently, with surges of up to 85% in one week and nearly 200% in 30 days, figures that explain the renewed attention.
The arguments for the value of Zcash
The fundamental narrative incorporates two vectors: supply and privacy. The reduction in issuance after the halving (blocks reduced from 3,125 to 1,5625 ZEC per block, according to Cryptohopper) creates scarcity pressure that the cited analysts consider a price catalyst.
In parallel, Zcash’s value argument lies in optional privacy through zk‑SNARKs and the Orchard protocol (zk‑SNARKs are cryptographic proofs that allow verifying transactions without revealing data), which gives it a distinct position compared to coins with mandatory privacy. Additionally, public figures in the sector have set aggressive targets: comments from Arthur Hayes and mentions in institutional analyses raise expectations, while institutional products such as funds or trusts are cited as engines of legitimization.
Technical confirmation —a daily close above $748 backed by volume and flows— will be the next verifiable milestone to validate the route to $1.010; if it does not occur, the market could consolidate below and reassess support and demand before launching a new offensive.
