Zcash Price Prediction: Can Zcash Break Above $1,360 and Rally Towards $1,650?

Zcash is struggling to extend its recovery as selling pressure returns near the $1,360 resistance zone. The $ZEC price is trading around $1,295.71, down 2.06% over the previous 24 hours. Although the broader recovery structure remains intact, repeated rejections near overhead resistance suggest that buyers have yet to regain decisive control.

With the price approaching a critical intersection between horizontal support and the ascending trendline, the next move could determine whether $ZEC resumes its recovery or faces another deeper correction.

Zcash Consolidates Below Critical Resistance

After climbing sharply from below $700 to nearly $1,700, the cryptocurrency has entered a consolidation phase, with buyers attempting to defend a rising trendline. $ZEC has spent the past several weeks consolidating while maintaining an ascending trendline. At $1,295.71, the token remains above its immediate support structure, but the repeated rejections near resistance indicate that buyers still need to demonstrate stronger momentum.

Key technical levels to watch

• Resistance: $1,368
• Support 1: $1,185
• Support 2: $1,113
• Trendline Support: Dynamic
• RSI: Mildly positive momentum without being overbought reading
• CMF: Suggests marginally positive capital flows

Bearish Scenario: A decisive daily close above $1,368 could open the door for another upward move

• TP1: $1,450
• TP2: $1,550
• TP3: $1,650
• Stop-loss: $1,285

Bearish Scenario: Failure to break $1,368 could prolong consolidation. A breakdown below $1,185, particularly alongside a loss of the ascending trendline, could expose $ZEC to $1,113.

• Downside target: $1,113
• Downside invalidation: recovery above $1,368.

Conclusion: Breakout or another correction?

The Zcash ($ZEC) price remains at a technical crossroads. The $1,368 resistance is the immediate level buyers must overcome, while $1,185 and $1,113 remain key support levels. A confirmed breakout could revive the recovery, whereas a breakdown below support would weaken the bullish structure.