ZEC At the Peak of Buying Power: Meme Bulls Could Extend the Recovery?

2026-01-13 08:29:35

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In the context of the meme coin market heating up, Zcash (ZEC) has shown notable signs of recovery. Investors have successfully protected the price zone around $443.43 – an important support level that could have halted the previous downtrend. After breaking through the short-term moving average, ZEC is now in a testing phase, with positive signals from traders.

According to the latest data, the ZEC price is currently at $403.23, indicating movement between key price levels. The next resistance zone is at $454.99 – if ZEC can break this level, it will be the first step toward a genuine recovery. Deeper bullish targets are set at $645.44 and $699.00, a fairly distant range but not impossible to achieve.

On the other hand, if ZEC fails to hold its current position and falls below the $443.43 support, the market could target a decline to $312.81. This is a significant gap, but it’s crucial for investors to closely monitor price action near the $455 level.

Currently, ZEC is in a balancing phase. Buying interest at support zones indicates that market sentiment still holds hope for a prolonged rebound, similar to how recent meme rally waves have unexpectedly changed the market landscape. However, this remains to be confirmed, and the next movements will determine ZEC’s direction in the coming weeks.

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