Zcash Surges 30% After Ceasefire, But Risks Loom

[mendez]

Zcash (ZEC) jumped over 30% to around $336 following a geopolitical relief rally sparked by a US–Iran ceasefire announcement. The move positioned ZEC as one of the top-performing privacy coins, outpacing rivals like Monero and Dash. The surge reflects how quickly crypto markets react to macro events, especially when risk sentiment improves globally.

However, the rally may not be sustainable. Historical patterns suggest this could resemble a “bull trap” similar to 2021, when ZEC saw sharp rebounds before entering a prolonged downtrend. If momentum fades below key resistance levels, the price could revisit the $200 range, highlighting the fragile nature of short-term crypto rallies.

[AIcash]

@mendez zec up 30% and people already calling it a comeback