Zcash surged nearly 12%, reaching close to $360, as demand for privacy coins increased. The cryptocurrency rebounded from $300 support, driven by renewed buying interest and reduced liquid supply due to increased shielded pool usage. Technical indicators, including an RSI near 64, suggest sustained bullish momentum, with resistance at $350 and potential for a move toward $400. The rise in privacy-focused cryptocurrencies has bolstered Zcash's performance, as investors seek assets with stronger confidentiality features. This shift has improved sentiment and supported Zcash's recent gains. The reduced liquid supply, due to more coins moving into shielded pools, has intensified price reactions, contributing to the sharp rebound. Despite the positive outlook, key support levels remain crucial. A drop below $316 could weaken the current structure, but as long as prices hold above this, the broader trend remains positive. The ongoing crypto market recovery continues to support altcoins like Zcash.