Zcash Price Forecast: ZEC Eyes 45% Gains Amid US–Iran Ceasefire

Zcash (ZEC) is flashing a high-conviction breakout setup as macro relief from the Trump-brokered ceasefire revives risk appetite across beaten-down altcoins.

Zcash Technical Analysis: Symmetrical Triangle Breakout Signals 45% Upside

ZEC has compressed into a clean symmetrical triangle after months of aggressive downside, with lower highs and higher lows converging toward a breakout point.

Price now tests the upper trendline as momentum builds, supported by stabilizing RSI and fading sell pressure near the range floor.

A confirmed breakout above the structure resistance opens the path toward a measured move targeting roughly 45% upside, aligning with prior breakdown zones.

Volume remains the key trigger: expansion on breakout validates continuation, while rejection risks another rotation inside the range. The setup favors bulls as volatility contracts and price coils for expansion.

Over $12 Million in Short Positions Liquidated

Over $12.9 million in ZEC positions were liquidated in the past 24 hours, with shorts accounting for roughly $12.05 million of that total.

This aggressive short squeeze added fuel to the breakout attempt, forcing bearish traders to cover as the price pushed higher.

At the same time, open interest has surged back to January highs, signaling fresh capital entering the market rather than just position closures.

However, funding rates remain negative, showing that traders still lean short despite rising prices.

This divergence strengthens the bullish case: crowded shorts and rising exposure create conditions for further squeezes. If price continues higher, late bears risk getting trapped again, amplifying upside momentum.

Trump Ceasefire Ignites Risk Appetite, Lifts ZEC From Extreme Undervaluation

The US–Iran ceasefire flipped the macro backdrop overnight, removing the geopolitical overhang that suppressed risk assets.

ZEC entered this phase as one of the worst-performing altcoins, at one point down nearly 75% from its 2025 peak near $750. Despite bullish catalysts such as ZODL’s $25 million funding, buyers stayed sidelined amid the conflict-driven risk-off environment.

That dynamic has now reversed. The ceasefire unlocked sidelined capital and reignited speculative demand, pushing ZEC into the top performers list during the relief rally.

Traders now rotate into deeply discounted assets, and ZEC sits at the center of that rebound trade.