In a post on X this morning, crypto trader Bluntz flagged the dip as a buying opportunity, telling followers he was “liking this dip on $zec for a push into ath” and describing ZEC as one of the strongest trends in crypto right now.
Zcash to hit new all time highs soon? Source: x
The daily Binance chart shows ZEC trading at $529.60 — up more than 1,100% over the past year — with price holding well above the 50-day SMA at $365.29 and the 200-day SMA at $373.60. The RSI has cooled from extreme readings but remains elevated at 75.27, suggesting the broader uptrend is still structurally intact despite the short-term pullback.
The privacy coin’s run has been driven by a confluence of factors: rising concerns over financial surveillance, stablecoin regulation, and KYC creep; shielded pool supply hitting a record 30% of circulating ZEC, up from 8% at the start of 2024; and a string of high-profile endorsements from Naval Ravikant, Tyler Winklevoss, Multicoin Capital’s Tushar Jain, and BitMEX co-founder Arthur Hayes, who is taking his fund to maximum risk, with HYPE, ZEC, and NEAR as his top altcoin picks. Ravikant’s October 2025 framing — that Zcash is “insurance against Bitcoin” — has become a defining narrative for the cycle. The move follows BNC’s recent coverage of ZEC’s 75% weekly rally toward $680 and the broader privacy altcoin thesis building around the asset.
Whether ZEC can reclaim its $638 local high and push toward fresh cycle highs — the upside path sketched on Bluntz’s chart — will hinge on whether the $500 support zone holds. A breakdown could expose price to the $365 SMA cluster.
