The post **ZCash Rally Could Be Over – Here Are Potential Support Targets: Analyst** appeared on BitcoinEthereumNews.com.
Following an impressive parabolic rally, ZCash (ZEC) has experienced a strong price correction in the last 24 hours, marked by a price loss of 14.54%. As the “darkhorse” tries to find price stability, renowned market analyst Ali Martinez has postulated on a potential market peak and the following implications.
### $325 Or $125 – How Low Can ZCash Go?
In no equivocal terms, ZCash has been one of the best performers of the present crypto market cycle, boasting a price gain of 1136.45% in the last year. Notably, the altcoin and surprise show-stealer has moved from below $40 in April 2025 to a peak value of $750 this November. This remarkable price surge has been strongly driven by heightened interest in privacy coins amid growing concerns over financial surveillance.
However, after climbing above $700, ZCash has witnessed strong selling activity, leading to a price crash of over 10%, dipping to as low as $500.
In a recent video analysis, Martinez outlined the reasons behind this decline while also predicting potential support levels in the event of a sustained downtrend.
According to Martinez, ZCash’s sojourn above $700 allowed the token to encounter major resistance around $750, a level that previously acted as strong opposition to price movement during its last contact in 2018. Based on historical trends, ZCash bulls will need to significantly intensify buying pressure to overcome this barrier.
If the $750 resistance zone holds firm, Martinez warns investors to expect a sustained price correction to around $325, indicating a potential 43% decline from the present price level.
In the event of crushing selling pressure, the analyst also notes the possibility of a continued slide to approximately $125, which is presently the midpoint level of the parallel price range between $23.5 and $750.
Nevertheless, ZCash could still maintain its current bullish structure and potentially surge to higher price points if buying momentum returns.
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Stay tuned for more updates on ZCash and the broader crypto market trends.
https://bitcoinethereumnews.com/tech/zcash-rally-could-be-over-here-are-potential-support-targets-analyst/