ZCash (ZEC) Targets $850-$900 Breakout as Whale Accumulation Signals Major Move
Whales are circling ZCash, and the charts are screaming breakout.
Forget the sideways chop—big money is positioning for a run at the $850-$900 zone. On-chain data reveals a quiet but aggressive accumulation pattern from deep-pocketed addresses, the kind that typically precedes a violent price expansion. It’s not retail FOMO driving this; it’s calculated capital moving into a privacy-focused asset before the crowd catches on.
The Setup
ZEC has been consolidating, building energy like a coiled spring. Technical structure suggests the $850-$900 range isn’t just a random target—it’s the next major liquidity pool and a historical inflection point. Breaking through requires significant volume, and the whales appear to be providing the fuel.
Why This Matters
When large, anonymous wallets start loading up, it’s rarely a philanthropic endeavor. It’s a bet on asymmetric payoff. In a market still obsessed with transparent ledgers, ZCash’s privacy tech offers a unique, regulated hedge—a digital Swiss bank account in a world of glass-walled financial skyscrapers.
The Cynical Take
Of course, this could all just be a few whales painting the tape to lure in the next wave of bag holders—after all, what’s finance without a little well-dressed manipulation? But the weight of the evidence suggests otherwise. The accumulation is too sustained, the technicals too aligned.
Watch the $850 level. A clean break above it, confirmed by volume, could trigger a classic momentum cascade. If it fails, the whales might just be taking the market for another expensive joyride.
ZEC Builds Bullish Momentum Inside Rising Channel
However, the crypto analyst, Marzell, highlighted that However, the crypto analyst, Marzell, highlighted that Zcash (ZEC) is showing signs of increasing bullish momentum despite price squeezing between a steadily rising channel. The overall market outlook is positive, with steadily rising higher lows to indicate a boost in investor interest. While buyers are resisting any downward price action, ZEC is kept close to the top edge of the rising channel.
Source: X
Meanwhile, as the price coils underneath the resistance, analysts believe that if a breakout is confirmed, then an accelerated MOVE upward may occur. Notably, if a breakout is accompanied by strong market participation, then the prevailing market view may transition to a more bullish stance. Otherwise, technical analyses based on the defined channels indicate that targets also include the region around $850-$900.
Technical Outlook Shows Stabilization Before Explosive Rally
On the daily chart, the ZEC experienced a strong rally from September till November, while the controlled correction occurred in the month of December. Presently, it is trading around the level of 494, ranging between the levels of 470 and 520, maintaining an overall positive structure. Resistive levels are found at 520 and then at 600, while the asset maintains support at 470-480 levels.
Source: TradingView
It appears that momentum indicators also show signs of stabilization, as opposed to escalation. The MACD is weak and negative, though stagnating, which could imply a weakening of bearish momentum. The RSI has moved above 50, which could strengthen a weak positive trend. Support above 470 could help move prices towards 560-600 levels, while a break could lead to a move down to 430-380 levels.
Also Read: Zcash Price Holds Bullish Structure as Bitwise Adds ZEC to ETF Lineup