After a remarkable parabolic surge, ZCash (ZEC) has undergone a significant price correction in the past 24 hours, dropping by 14.54%. As the market seeks stability, well-known analyst Ali Martinez has shared his views on a possible market peak and its consequences.
ZCash has been a standout performer in the current crypto cycle, with its price soaring by 1,136.45% over the last year. The altcoin, which has surprised many, climbed from under $40 in April 2025 to a peak of $750 this November. This rally was fueled by growing interest in privacy-focused coins amid worries about financial surveillance.
However, after surpassing $700, ZCash faced heavy selling pressure, causing a drop of over 10% to as low as $500.
In a recent video analysis, Martinez explained the reasons for this decline and identified potential support levels if the downtrend continues. He noted that ZCash’s rise above $700 brought it to a major resistance level around $750, which had previously halted price advances in 2018. To break through this barrier, buyers would need to significantly ramp up their activity. If the resistance holds, Martinez predicts a correction to around $325, a 43% fall from current levels.
Under intense selling pressure, he also sees the possibility of a further decline to $125, the midpoint of the trading range between $23.5 and $750. Despite this, ZCash could still maintain its bullish momentum and reach higher prices, especially with expectations of an altseason and ongoing support for the crypto bull market. Additionally, ZCash’s all-time high of $5,941 suggests there is room for further gains.
In other news, BitMEX co-founder Arthur Hayes disclosed that his family office, Maelstrom, now holds ZCash as its second-largest investment after Bitcoin. He attributed this to the token’s rapid price appreciation over the past year, highlighting the strong enthusiasm for privacy coins and reinforcing ZCash’s bullish outlook.
At the time of writing, ZCash is trading at $572, up 165.7% in the last month.
Frequently Asked Questions
Of course Here is a list of FAQs about the topic Analyst Warns ZCash Rally May Have Peaked Identifies Key Support Levels designed to be clear and helpful for all levels of investors
Beginner General Questions
1 What is ZCash
ZCash is a cryptocurrency similar to Bitcoin but with a strong focus on privacy It uses advanced technology to hide the sender receiver and amount of a transaction
2 What does it mean that the rally may have peaked
It means an analyst believes the recent period of price increases for ZCash is likely over for now and the price might start to fall or move sideways instead of continuing to climb
3 What is a support level in trading
A support level is a specific price point where an asset like ZCash historically tends to stop falling and might even bounce back up Its a level where buying interest is strong enough to overcome selling pressure
4 Why would an analyst think the rally is over
Analysts look at various indicators such as trading volume price patterns on charts and overall market sentiment to determine if buyers are getting exhausted and sellers are taking control
5 Should I sell my ZCash if I read this
This is not financial advice An analysts warning is one piece of information You should make investment decisions based on your own research risk tolerance and investment goals Never invest more than you can afford to lose
Intermediate Strategy Questions
6 What are the key support levels the analyst identified
The analyst likely identified specific price points for example 25 and 20 If the price falls to 25 it might find initial support If it breaks below that the next major test would be at 20
7 What happens if ZCash falls below a key support level
If the price breaks decisively below a major support level it can trigger more selling as traders see it as a sign of weakness This often leads to the price falling further to find the next lower support level
8 Whats the difference between a temporary dip and the end of a rally
A temporary dip is a small pullback within a larger