Dash, Monero’s Dips Fuel Zcash Upside Momentum
The ZEC/USD pair rose by around 5.50% in a day, while reaching an intraday high of approximately $449. Nonetheless, the pair was down by over 20% from its January top of $535.69.

Its recovery coincided with corrections in XMR and DASH prices from their respective local tops. These privacy assets had rallied 45% and 138% earlier this week, respectively, as traders rotated out of ZEC trades due to a mounting governance crisis concerning Zcash.

ZEC/XMR Holds 50-Week EMA as Near-Term Pivot
As of Thursday, the ZEC/XMR ratio was trying to base above its 50-week EMA (~0.57).
The week’s candle printed a clear rejection from below that level (low near ~0.56) before reclaiming it into the close (~0.60), which keeps the immediate bias from turning outright bearish on the ratio.

However, the rebound is still early: the pair remains well below its 20-week EMA (~0.83), leaving the current move best framed as a support defense rather than a confirmed trend reversal.
A clean weekly hold above the 50-week EMA followed by follow-through would shift focus toward the ~0.80–0.85 area (20-week EMA). Conversely, a breakdown back below ~0.57 would expose the 200-week EMA near ~0.51.
If ZEC/XMR continues to firm while XMR cools, that relative bid can translate into ZEC/USD revisiting $450 or higher levels in the near term, assuming broader market conditions remain stable.
Can ZEC Still Rise to $1K in Q1 2026?
From a technical perspective, ZEC/USD has been consolidating within a symmetrical triangle after its sharp rally to a multiyear high near $775 in November.
The pattern reflects a period of compression, with lower highs pressing against rising support, as volatility contracts following the prior impulse move.


Conversely, a decisive breakdown below the triangle’s lower boundary would invalidate the continuation thesis and expose ZEC to a deeper retracement below $200 in Q1 2026.
