Zcash Prints ‘Absurdly Bullish’ Signal Promising 130% ZEC Price Rise Next

Privacy coin Zcash (ZEC) retested a five-year high at around $300 last week, but underwent a circa 35% drop afterward on profit-taking sentiment. But bulls remain unfazed with such a steep correction, and are instead doubling down on another price boom.

ZEC to $500 Next, Trader Asserts

Pseudonymous analyst ‘Deer Juice,’ said ZEC’s price would rise by over 130% in the coming weeks.

At the center of its bullish analogy is Zcash’s 20-day exponential moving average (20-day EMA; the green wave in the chart below), a support that has consistently capped ZEC’s downside attempts since August, resulting in a 620% upside toward $300 multiyear high.

“ZEC is with the absurdly bullish daily close,” Deer Juice said while referring to the 20-day EMA support, adding that the price will rise to $500 next.

The upside setup aligns with ZEC’s prevailing symmetrical triangle pattern.

A symmetrical triangle often precedes large breakouts. The structure has formed between ZEC’s descending resistance from the October high near $300 and a rising support trendline dating back to late September.

A decisive move above the upper boundary could confirm a bullish continuation, projecting a target range between $367 and $439, up to 95% higher from current levels.

The setup aligns with ZEC’s resilience above its 20- and 50-period EMAs, while the neutral RSI suggests momentum is resetting for another leg higher.

However, if ZEC breaks below the ascending trendline, a short-term correction toward $200–$172 remains possible before any renewed advance.

Overall, the triangle favors bulls, especially as broader accumulation persists, reinforcing trader Deer Juice’s projection of a rally toward $500 in the coming weeks.

Zcash Latest News: Do Fundamentals Support Further ZEC Upside?

Zcash’s fundamentals are looking as bullish as its technicals.

On Oct. 16, Zcash launched the Zolana bridge, a crosschain protocol connecting the Zcash, Solana, and Near networks. This integration allows users to move ZEC seamlessly onto the Solana blockchain using Near’s OmniBridge and Chain Signatures technology.

🛡️ The Zolana Bridge is live.

Your Intent: $ZEC on Solana.

Delivered: with NEAR Intents + OmniBridge powering Zcash’s $ZEC token on Solana. pic.twitter.com/cXBqgCXXTK

— NEAR Protocol (@NEARProtocol) October 16, 2025

Through the Near Intents app, users can even swap for shielded ZEC and withdraw it directly on Solana, extending Zcash’s privacy layer into the high-speed Solana DeFi ecosystem.

This marks a major step in Zcash’s interoperability strategy, positioning it as a privacy hub across multiple layer-1 chains.

The move also coincides with THORSwap’s integration of native ZEC swaps on Sept. 30, enabling direct crosschain transactions between ZEC and assets like BTC, ETH, SOL, XRP, and BNB via Maya Protocol.