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ZEC Today: Crypto Asset Regains Market Leadership and Could Surge Another 40%

ZEC Today: Crypto Asset Regains Market Leadership and Could Surge Another 40%

Published:
2025-10-21 15:09:03
23
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Zcash (ZEC) is currently the top-performing cryptocurrency today (October 20, 2025), showcasing a bullish technical pattern that could propel its price another 40% in the coming days. With strong buyer momentum, validated support levels, and favorable indicators, ZEC is poised for potential gains—if it holds above critical levels. Here’s a deep dive into why ZEC is turning heads and what traders should watch.

Why Is ZEC the Top-Performing Crypto Today?

Zcash (ZEC) has stolen the spotlight as the best-performing asset on October 20, 2025, according to CoinGecko data. The privacy-focused coin has surged over 400% since late September, with four consecutive daily green candles. This isn’t just a pump—it’s a structured uptrend backed by technical validation.

Top-performing cryptocurrencies on October 20, 2025. Source: CoinGecko

ZEC Price Analysis: Can It Hit $362?

The current technical setup suggests ZEC is entering Wave 5 of its Elliott Cycle, a final bullish phase. Breaking the recent high of $290 could open the path to $362.75 (a 40% rise), per Fibonacci extensions. But there’s a catch: the asset must hold above $186 support. A drop below this level might trigger a retracement to $150 before any rebound.

ZEC/USDT chart on TradingView

What Do the Indicators Say?

On the 4-hour chart, the 9-period EMA crossed above the 21-period EMA, confirming short-term bullish control. The RSI nears 70 (overbought but strong), while the MACD’s rising green bars and a CMF above zero signal sustained buying pressure. The ADX, though below 20, hints at a strengthening trend.

ZEC technical indicators on TradingView

Why Privacy Coins Like ZEC Are Gaining Traction

Beyond charts, Zcash benefits from growing demand for privacy-focused assets. Regulatory clarity and institutional interest in anonymized transactions have buoyed the sector. If bitcoin remains stable, ZEC’s niche appeal could fuel its rally further.

BTCC Team’s Take: A Promising Week Ahead

“ZEC’s breakout and indicator strength suggest it’s far from done,” notes a BTCC analyst. “$360 is plausible this week, but watch for a short pullback first.” The team emphasizes monitoring volume—sustained buying is key to new highs.

Risks to Consider

While the setup is optimistic, crypto markets are volatile. A sudden BTC downturn or profit-taking could pressure ZEC. Always DYOR—this isn’t financial advice!

FAQ: Quick Facts About ZEC’s Rally

What’s driving ZEC’s price surge?

Technical breakout, privacy coin demand, and strong buyer momentum per TradingView data.

How high can ZEC go?

If $290 breaks, $362.75 is the next Fibonacci target (+40%).

What’s the critical support level?

$186. Losing this could mean a drop to $150.

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