ZCash Recovers Strongly: Could ZEC Crypto Emerge as the Top Victor in this Bear Trading market?
Zcash is climbing once more as the majority of the cryptocurrency trading market remains under pressure. Will Zcash manage to surpass the $600 price range? Here’s the ZEC price forecast.
As per CoinGecko, Zcash (ZEC), known for its privacy features as a layer-1 token, saw an increase of approximately +16% over the last 24 hours, trading close to $587 on November 15.
This increase contributes to a recovery that began following a rapid decline earlier this week. It has reignited discussions on whether ZEC could emerge as one of the top performers amidst this bearish phase.
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How Has ZEC Maintained Its Top-20 Status Despite Trading market Declines?
This recent surge builds on a strong performance over the last year. ZEC has risen approximately +1,460% in the past year.
It fluctuated between about $485 and $597 over the previous day, currently boasting a market capitalization of around $9.6 billion, ensuring it remains among the top 20 cryptocurrencies.
In contrast, the overall crypto asset crypto market decreased by about -2% on the day to $3.34 trillion, with Bitcoin maintaining a share near 57%.
Institutional engagement introduced a fresh aspect to Zcash’s surge. Cypherpunk Technologies, a treasury firm supported by Cameron and Tyler Winklevoss, stated its intention to retain approximately 5% of the total ZEC circulating supply.
Privacy is the precondition for many of our freedoms. It’s the point at which government and corporate reach end and our individual freedoms and self-sovereignty begin. As our lives have moved online, privacy’s become a rare, vanishing commodity.
That’s why we founded Cypherpunk… https://t.co/PD38Id90pg
— Tyler Winklevoss (@tyler) November 12, 2025
This action establishes the firm as a dedicated Zcash treasury similar to how MicroStrategy structured its Bitcoin strategy.
Additionally, Zcash successfully overcame a significant resistance level on Friday, validating what analyst Crypto Tony described as an “Adam and Eve” breakout.
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ZEC Price Prediction: Is Zcash Set to Surpass the $600 Barrier on Its Next Attempt?
The one-hour chart indicates a pronounced V-shaped recovery forming the “Adam” shape, followed by a broader, rounded base that completes the “Eve” configuration.
Both lows settled in the $455–$470 range, establishing a confirmed double-bottom setup.
The price then broke through the horizontal resistance at around $555, a level that halted several attempts earlier in the week.
Once ZEC maintained a position above that threshold, momentum surged and directed the pair towards the $590 range at the time of the announcement.
This movement indicates that buyers have regained control following a multi-day decline that began above $750.
ZEC’s chart reflects a distinct transition from vulnerability to accumulation, now progressing into the initial phases of a trend reversal.
The setup remains valid as long as the price stays above the $555 upward movement level, which is crucial for the next advancement.
An additional analyst shared the Zcash price forecast on X. In that chart, Zcash advanced while BTC declined, re-entering a short-term bullish after safeguarding price floor around $485.
The rebound originated from the same ascending trendline that has upheld the rally since the early part of October.
The price is currently testing a descending barrier level line close to the $600 zone, a level that has resisted previous attempts this month.
An effective breach above this could pave the way towards $640 and subsequently $748. Conversely, if this level holds, ZEC might retract towards $520 or possibly revisit $485.
At present, the chart still indicates a series of higher lows, suggesting consistent market demand during Bitcoin’s retreat.
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The post ZCash Bounces Hard: Will ZEC Crypto Be the Biggest Winner this Bear Market? appeared first on 99Bitcoins.
