While most altcoins are still trying to recover from the recent crypto market crash, the Zcash (ZEC) price seems to be living in a different world. The privacy-focused token has climbed nearly 74% in the past week, holding firm while others wobbled.
What’s driving this strength isn’t hype — it’s conviction. Both large holders and retail traders are quietly buying the dips, and ZEC’s price chart shows that momentum could still have some room left. But with more upside comes a few risks, too.
Buyers Refuse to Back Down as Money Keeps Flowing In
Zcash’s buying pressure has held steady even through the market-wide panic. Both institutional and retail activity have stayed strong, the two segments that usually move in opposite directions during crashes.
The Money Flow Index (MFI), which tracks buying strength and trading volume, sits above 95, showing that traders are still actively buying at higher prices.
Meanwhile, the Chaikin Money Flow (CMF), which reflects larger or institutional activity, remains positive around 0.25, confirming that big players haven’t stepped away.
Zcash Money Flow: TradingView
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Together, these trends explain why the ZEC price rebounded so sharply after briefly dipping to $150 on October 10 (threatened by the crash).
Buyers quickly absorbed the fall, sending the ZEC price back to nearly $290. This consistent inflow of money — from both retail and whales — has kept Zcash’s uptrend intact even when most of the market turned red.
However, CMF hasn’t yet climbed back to its early-October peak. That means while buying is strong, full-scale institutional momentum hasn’t fully returned. If large money picks up again, the Zcash price rally could easily stretch further.
Leverage Traders Could Be the Spoiler
The only major risk for the Zcash price right now lies in the derivatives market. Data from Bybit’s ZEC/USDT liquidation map shows that the market is heavily tilted toward long positions — $21.49 million in cumulative long leverage versus just $3.43 million in shorts.
Zcash Longs Can Pose A Risk: Coinglass
That means most traders are betting on ZEC’s price to keep rising. But if the price drops suddenly toward $178, all those leveraged longs could start getting liquidated, creating a chain reaction of forced selling — similar to what triggered the recent broader crash.
So while spot buying remains strong, leverage traders might be building a pressure point that could spark short-term volatility if sentiment shifts.
Can Zcash Hold Its Ground Above $250?
Zcash’s daily chart shows that the rally is still technically sound. The token continues to trade inside an ascending triangle, with Fibonacci levels providing strong structure. At press time, ZEC sits around $287, with immediate support near $251.
Zcash Price Analysis: TradingView
If the price manages to hold that level — and if buying pressure continues from both retail and whales — ZEC could move toward $331, which is the next resistance to beat. A daily close above that would likely open the door to $461, continuing the strong run.
But if leveraged positions start to unwind, the first fallback zones sit around $223 and $170. Those would be key areas for dip buyers to step in again if the rally cools off.
