Zcash Price Faces Critical Test After 58% Surge

Zcash (ZEC) has seen a significant surge, reaching nearly $206 after a jump of over 58%. While this price action is notable, traders are closely watching key resistance levels near $220 and $235 to gauge the next price direction. After hitting a peak of $305, Zcash’s momentum has begun to slow down as selling pressure emerges near these levels. Support at $190 remains crucial, serving as a potential buying floor if prices clear the resistance.