Zcash (ZEC) Keeps Flying: What’s Next After Crossing $1,500?

The popular privacy coin has been unstoppable lately, briefly surpassing a 10-year high of $1,500. It currently trades at roughly $1,470 (per CoinGecko), up a staggering 190% in a month. Check out where the next bullish targets stand. Far From Being Done?

Zcash has become crypto’s rock star after starting a major bull run over the past several months and showing no signs of exhaustion. If you are curious to learn the main factors fueling the rally, check out our detailed article here. You can also find more information here.

X user Scient claimed that ZEC is practically in price discovery and doesn’t anticipate a cool-off anytime soon. The analyst suggested that the asset’s price could “easily” climb above $5,000 when Bitcoin (BTC) hits a new all-time high.

Ali Martinez argued that “momentum remains strong,” adding that the valuation continues to move toward his first target at $1,800. “That’s the level I’m watching next,” he said. The analyst initially made his bullish bet toward the end of August, when ZEC was trading around $820.