Zcash (ZEC) has been facing bearish pressure, trading below $500 with a 2% decline. The privacy coin's demand has stagnated, and retail sentiment has weakened. Technical indicators suggest further downside risk, with support levels at $470-$500 and resistance at $523.
*Key Factors Influencing ZEC's Price:*
Regulatory Pressure_: Potential regulatory crackdowns on privacy coins could limit exchange access and impact liquidity.
Protocol Upgrades_: Upcoming upgrades, such as the Trailing Finality Layer (TFL) and Hybrid Proof of Stake model, may improve ZEC's economic profile.
Mining Dynamics_: Decreasing inflation rate and ASIC dominance could influence supply and demand ³ ⁴.
*Price Predictions:*
*CoinCodex forecasts ZEC to trade between $435.41 and $883.41 in 2026, with a potential high of $619.18 by February 2026.
*I predicts a range of $422.17 to $497.82 by December 2026.#WriteToEarnUpgrade
Guy's Keep in mind that cryptocurrency markets are highly volatile, and predictions are subject to change.
