Zcash Targets $1,000, But Pullback to $400 Possible
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Technical analysts are eyeing ZEC’s next moves after the recent breakout. Crypto trader Crypto Curb notes Zcash has broken out of an ascending triangle and reclaimed its 50-week moving average as support, potentially paving the way toward a $1,000 target if privacy-focused narratives gain traction in 2026.
However, analyst Eric Van Tassel warns of a short-term pullback toward $400, citing a rising wedge pattern. Such a “normal reset” could clear excess leverage, setting the stage for a stronger rally toward the longer-term $1,000 goal. Investors are watching closely as ZEC navigates this volatile phase.