ZEC Surges Over 30% Today, Breaks $180 to Hit Highest Level Since 2022
TradingKey – Zcash (ZEC) rallied more than 30% on Thursday, fully recovering yesterday’s losses and signaling potential for further upside.
On October 9, ZEC soared intraday, peaking at $185 — the highest price since March 2022. As of press time, the token has slightly pulled back and is trading around $174.
ZEC Price Chart – Source: TradingView.
Yesterday, ZEC plunged nearly 20%, dropping from $160 to $120. However, it held above a key support level, suggesting the dip may have been a deliberate shakeout rather than a true trend reversal. Some analysts believe this was a classic “bull trap” engineered by large holders to trigger panic selling before accumulation.
Today’s sharp rebound not only erased the prior losses but also set a new yearly high, reinforcing the view that ZEC’s uptrend remains intact. With its previous bull market peak at $350, ZEC still has roughly 100% upside potential if momentum continues.
This move comes amid renewed interest in privacy-focused cryptocurrencies, and ZEC’s technical resilience may position it as a leader in the sector’s recovery.
Related Articles
BOE Seen Poised for Further Rate Cuts.Sterling Seen Extending Slide Against Dollar
TradingKey - UK Economy Shows Persistent Weakness as Construction Slump Deepens.The UK economy remains under pressure, with S&P Global’s latest purchasing managers’ index (PMI) released on the 6th showing that construction activity contracted for a ninth consecutive month in September.
OpenAI's Dev Day 2025: How ChatGPT's App Ecosystem Is Redefining the Internet
Two years ago, OpenAI's first Dev Day felt like a startup showing off its breakthrough product. ChatGPT had 100 million weekly users and processed 300 million API tokens per minute—numbers that made headlines and seemed impossibly large. Fast-forward to today, and those figures look almost modest. C
FOMC October Meeting Minutes: How Should Investors Respond?
In the context of the U.S. government shutdown and a period of limited economic data, the Federal Reserve’s release of its latest monetary policy meeting minutes and officials’ statements on 8 October will be particularly significant.
Is the UK Economy Headed for Collapse? Will Assets Face a "Triple Slump" in Stocks, Exchange Rates, and Bonds?
Many investors and analysts assert that the UK economy is on the brink of collapse, with its assets facing a "triple slump" across stocks, foreign exchange, and bonds.
U.S. Government Shutdown Commentary: Is a Stock Market Crash Imminent? Will Gold Prices Continue to Surge?
TradingKey - On 1 October 2025, the U.S. federal government officially entered a shutdown, impacting various asset classes. This article analyses two key markets most affected—U.S. equities and gold—to help investors identify potential opportunities.
