Zcash Price at Risk: Breakout Signals $200-$100 Zone

Zcash has experienced a dramatic price surge this year, soaring over 2700% thanks to strong institutional interest. However, its chart reveals a critical resistance level near $700 USD that signals a potential reversal toward the $200-$100 range. This warning comes as Grayscale, a leading asset manager, filed to convert their Zcash Trust into an ETF, signifying growing acceptance of privacy coins by major financial players. 💰 📈