RSI is trending upward and holding above mid-levels, signaling early bullish strength, while CMF remains slightly negative, indicating that strong capital inflows are still missing. This analysis indicates the ZEC price remains in a downtrend, defined by consistent lower highs and rejection from key resistance zones.
Key Levels to Watch
- Immediate Resistance: $260–$280
- Major Resistance: $300
- Breakout Confirmation: Above $280 with strong volume
- Immediate Support: $220–$230
- Breakdown Level: $200
- Next Major Support: $170
Price is currently testing resistance from below, making this a high-stakes zone.
The Bottom Line: Will ZEC Price Reach $300 This Month?
The Zcash price continues to coil under the resistance, regardless of the current recovery, which suggests the move is not a confirmed breakout. Therefore, a rise above $280 could activate the target at $300, which may further extend to $320-$350. On the other hand, a rejection from the current levels could drag the levels to $220 or lower than $200 to $170 in an extreme bearish case.
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