Zcash price movement highlights from our latest movement analysis and future projections
- Zcash is one of the recently established cryptocurrencies widely known for its excellent privacy provisions. It is currently trading in real-time at $38.45
- Per technical indicator analysis, it was disclosed that the market has a neutral sentiment
- The current standing of the Fear-Greed index lies at a score of 80 (Extreme Greed) and has recorded a 50% green candle days over the 30 days
- Zcash suffered its lowest hit at $16.04, after which it rose significantly to $5,941.80 ATH
Zcash Price Overview
| Cryptocurrency | Zcash |
| Token | ZEC |
| Current Zcash price | $38.45 |
| Price Change (24h) | -0.17% |
| Price Change (7days) | 6.22% |
| Market Cap | $382,608,773.54 |
| Trading volume | $43,212,198.90 |
| Circulating Supply | 16,328,269 ZEC |
| All-Time High | $5,941.80 |
| All-Time Low | $16.04 |
| Volatility | 8.18% |
| Sentiment | Bullish |
| Fear-Greed Index | 65 (Greed) |
| Green days | 13/30 (43%) |
The Future of Zcash
Since Bitcoin Cash is a faster and cheaper blockchain network, it is expected to become accepted more widely in the Bitcoin cash cryptocurrency market. Bitcoin Cash is also competing with other projects like Litecoin. Although these projects are pretty different, BCH price is creating a high market capitalization for itself, and with time, the adoption is anticipated to increase in just a few years.
Zcash Price Forecast for Next 30 Days
Zcash Price Prediction
Zcash (ZEC) has experienced notable price fluctuations from November 15 to December 12, 2024. Here are the key highlights:
- November 15, 2024: ZEC opened at $39.45, with a change of 1.21%.
- November 25, 2024: The price rose to $43.46, reflecting an increase of 8.88%.
- December 1, 2024: ZEC reached $42.34, marking a gain of 6.00%.
- December 8, 2024: The price was recorded at $41.86, indicating an increase of 4.81%.
- December 11, 2024: ZEC fell to $39.06, reflecting a decrease of 1.85%.
- December 12, 2024: The price settled at $38.36, showing a change of 1.85%.
Overall, these movements illustrate the volatility in Zcash prices over the month. As market conditions fluctuate, predictions for Zcash suggest potential for further gains if positive sentiment continues and adoption increases.
| Nov 15,2024 | $ 39.45 | 1.21% |
| Nov 16,2024 | $ 39.25 | 1.68% |
| Nov 17,2024 | $ 39.60 | 0.80% |
| Nov 18,2024 | $ 338.07 | 4.11% |
| Nov 19,2024 | $ 39.51 | 1.03% |
| Nov 20,2024 | $ 39.24 | 1.70% |
| Nov 21,2024 | $ 39.42 | 1.29% |
| Nov 22,2024 | $ 40.21 | 0.70% |
| Nov 23,2024 | $ 40.66 | 1.79% |
| Nov 24,2024 | $ 41.50 | 3.92% |
| Nov 25,2024 | $ 43.46 | 8.88% |
| Nov 26,2024 | $ 43.56 | 8.90% |
| Nov 27,2024 | $ 41.08 | 2.87% |
| Nov 28,2024 | $ 40.59 | 1.63% |
| Nov 29,2024 | $ 41.43 | 3.51% |
| Nov 30,2024 | $ 41.78 | 4.62% |
| Dec 1,2024 | $ 42.34 | 6.00% |
| Dec 2,2024 | $ 42.68 | 6.86% |
| Dec 3,2024 | $ 42.04 | 5.25% |
| Dec 4,2024 | $ 42.11 | 5.44% |
| Dec 5,2024 | $ 41.63 | 4.22% |
| Dec 6,2024 | $ 41.12 | 2.94% |
| Dec 7,2024 | $ 41.27 | 3.30% |
| Dec 8,2024 | $ 41.86 | 4.81% |
| Dec 9,2024 | $ 41.45 | 3.80% |
| Dec 10,2024 | $ 40.68 | 1.85% |
| Dec 11,2024 | $39.06 | 1.85% |
| Dec 12,2024 | $38.36 | 1.85% |
Yearly Zcash Price Predictions – 2024 : 2030
Zcash is expected to rise, with its prices reaching $ 183.54 by the end of 2029. This would translate to a rise of as much as 358.22% against the current value. The long-term perspective reflects a bull trend, whereby the highs can be as high as $ 183.54 and lows at $ 20.42 across the said time period.
| Year | Minimum Price | Maximum Price |
| 2024 | $38.44 | $43.56 |
| 2025 | $38.29 | $ 98.07 |
| 2026 | $ 33.95 | $ 69.57 |
| 2027 | $ 31.07 | $ 36.49 |
| 2028 | $ 29.64 | $ 44.99 |
| 2029 | $ 32.00 | $ 183.54 |
| 2030 | $ 20.42 | $ 111.10 |
Zcash Price Prediction 2024
BCH is expected to trade in the channel in 2024 between $ 355.19 and $ 474.06, bringing the average annualized price of $399.80. This may lead to a possible return on investment of 27.30% compared with the current rates.
| Month | Minimum Price | Average Price | Maximum Price |
| November | $ 355.19 | $ 377.87 | $ 422.46 |
| December | $ 369.70 | $ 421.73 | $ 474.06 |
Zcash Price Prediction 2025
Bitcoin Cash is expected to trade in a price channel between $ 288.18 and $ 686.69 in 2025. On average, BCH is expected to sell at $ 393.06 during the year. The most bullish month for BCH can be March, when it is expected to trade 94.51% above today’s value.
| Month | Minimum Price | Average Price | Maximum Price |
| January | $ 354.02 | $ 377.31 | $ 412.24 |
| February | $ 408.66 | $ 485.20 | $ 564.94 |
| March | $ 390.20 | $ 527.45 | $ 686.69 |
| April | $ 346.22 | $ 383.33 | $ 426.09 |
| May | $ 330.06 | $ 355.45 | $ 376.85 |
| June | $ 374.88 | $ 402.09 | $ 427.47 |
| July | $ 364.69 | $ 405.38 | $ 451.60 |
| August | $ 358.08 | $ 392.82 | $ 407.59 |
| September | $ 383.57 | $ 399.49 | $ 427.42 |
| October | $ 339.74 | $ 358.29 | $ 400.23 |
| November | $ 310.00 | $ 331.35 | $ 348.88 |
| December | $ 288.18 | $ 298.62 | $ 311.10 |
Zcash Forecast 2026
Generally, the Bitcoin Cash price in 2026 is on the bearish side. BCH cryptocurrency will touch an all-time high of $ 321.51 by February and a low at $ 226.80 in November. In general, BCH will be trading with an average price of $ 251.51 by 2026.
| Month | Minimum Price | Average Price | Maximum Price |
| January | $ 288.90 | $ 295.40 | $ 305.29 |
| February | $ 296.32 | $ 313.05 | $ 321.51 |
| March | $ 260.05 | $ 288.06 | $ 307.52 |
| April | $ 237.53 | $ 255.63 | $ 263.07 |
| May | $ 277.03 | $ 231.28 | $ 235.38 |
| June | $ 228.38 | $ 237.88 | $ 244.94 |
| July | $ 233.12 | $ 236.84 | $ 242.57 |
| August | $ 231.85 | $ 234.04 | $ 238.69 |
| September | $ 229.88 | $ 232.12 | $ 235.65 |
| October | $ 227.69 | $ 230.44 | $ 233.22 |
| November | $ 226.80 | $ 228.91 | $ 231.41 |
| December | $ 227.99 | $ 235.04 | $ 239.89 |
Zcash Price Prediction 2027
The outlook for Bitcoin Cash in 2027 suggests a downtrend, and the price is expected to be $ 257.35. This is -27.03% lower than the current price. The asset’s price will oscillate between $ 228.64 in May and $ 293.79 in June. The investor may get a potential ROI of 16.70%, meaning it is not an easy investment environment.
| Month | Minimum Price | Average Price | Maximum Price |
| January | $ 235.72 | $ 239.01 | $ 243.86 |
| February | $ 230.92 | $ 236.08 | $ 239.48 |
| March | $ 233.74 | $ 236.34 | $ 239.02 |
| April | $ 231.80 | $ 233.19 | $ 234.29 |
| May | $ 228.64 | $ 234.66 | $ 262.82 |
| June | $ 267.67 | $ 282.46 | $ 293.79 |
| July | $ 256.60 | $ 269.76 | $ 278.75 |
| August | $ 257.30 | $ 261.80 | $ 267.43 |
| September | $ 264.25 | $ 269.75 | $ 276.09 |
| October | $ 270.71 | $ 275.48 | $ 280.21 |
| November | $ 268.64 | $ 272.60 | $ 279.90 |
| December | $ 270.14 | $ 277.05 | $ 285.95 |
Zcash Price Forecast 2028
As such, 2028 should see Bitcoin Cash fall. By and large, the currency’s average price value stands to be $ 329.21. The same can be expected to hit $ 270.13 during November and $493.34 during December.
| Month | Minimum Price | Average Price | Maximum Price |
| January | $ 271.45 | $ 276.31 | $ 287.56 |
| February | $ 282.40 | $ 309.67 | $ 356.00 |
| March | $ 320.15 | $ 374.75 | $ 427.14 |
| April | $ 335.11 | $ 356.26 | $ 391.47 |
| May | $ 340.91 | $ 353.97 | $ 368.90 |
| June | $ 303.16 | $ 327.86 | $ 352.90 |
| July | $ 297.39 | $ 321.21 | $ 342.21 |
| August | $ 300.40 | $ 307.94 | $ 316.08 |
| September | $ 296.28 | $ 305.43 | $ 314.00 |
| October | $ 299.17 | $ 314.07 | $ 395.13 |
| November | $ 270.13 | $ 309.80 | $ 352.85 |
| December | $ 320.68 | $ 393.26 | $ 493.34 |
Zec Forecast 2029
According to 2029 predictions, BCH is expected to have a steep rise and vary between $ 191.94 to $ 1,004.69. Therefore, the possible ROI can be around 185.33%, hence supporting the bullish scenario in 2029.
| Month | Minimum Price | Average Price | Maximum Price |
| January | $ 326.22 | $ 378.13 | $ 446.61 |
| February | $ 462.62 | $ 626.21 | $ 965.68 |
| March | $ 400.01 | $ 652.22 | $ 1,004.69 |
| April | $ 310.76 | $ 377.59 | $ 454.40 |
| May | $ 277.35 | $ 377.02 | $ 331.40 |
| June | $ 368.76 | $ 429.17 | $ 476.01 |
| July | $ 334.44 | $ 423.63 | $ 525.23 |
| August | $ 338.71 | $ 409.07 | $ 435.46 |
| September | $ 386.48 | $ 420.12 | $ 475.91 |
| October | $ 297.10 | $ 328.48 | $ 394.60 |
| November | $ 201.99 | $ 272.82 | $ 315.73 |
| December | $ 191.94 | $ 213.54 | $ 238.68 |
Zcash Zec Price Prediction 2030
The price of Bitcoin Cash can hit as high as $ 259.92 in February 2030. This is a pretty optimistic projection because BCH may trade at just $ 66.76 in November. Generally, the price of BCH will fluctuate around $ 116.54 for the year, which is around -66.94% below the current price of $ 352.47.
| Month | Minimum Price | Average Price | Maximum Price |
| January | $ 193.41 | $ 209.41 | $ 249.40 |
| February | $ 208.55 | $ 241.41 | $ 259.92 |
| March | $ 134.56 | $ 185.83 | $ 231.39 |
| April | $ 81.41 | $ 121.83 | $ 136.33 |
| May | $ 68.44 | $ 75.11 | $ 82.43 |
| June | $ 73.29 | $ 91.19 | $ 103.76 |
| July | $ 79.65 | $ 85.70 | $ 98.93 |
| August | $ 77.06 | $ 80.76 | $ 88.94 |
| September | $ 73.05 | $ 77.50 | $ 84.77 |
| October | $ 67.76 | $ 74.08 | $ 79.23 |
| November | $ 66.76 | $ 70.66 | $ 76.16 |
| December | $ 69.17 | $ 85.24 | $ 94.95 |
History of Zcash Price
Since the appearance of Zcash on the market, its value has been on a gradual increase. As of the time of drafting this article, Zcash is currently the no.176th cryptocurrency in the digital assets chart. After its initial launch in October 2016, it experienced a price drop to about $250 due to an increase in supply. It witnessed its ATH at a price of $876.91 in 2018. It also recorded a bear market in 2020. As expected, the coin regained its value in 2021. Currently, the market cap of Zcash is 16,328,269 ZEC, while its circulation supply lies around $399,534,565.19.
Some of the events that influenced Zcash’s price include:
- Halving event: this saw the block subsidy halved from 6.25 ZEC to 3.125 ZEC in November 2020
- Zcash Network Upgrade 5: which took place in 2021
- All-Time High : $5,941.80
- All-Time Low : $16.04
ZEC’s price performance since its introduction into the crypto market has been a dynamic one. Although there was an initial surge that was due to market anticipation, it was still followed by broader market trends and conditions.
Historical trends have an influence on ZEC’s current price, indicating that inflation rates and expansions lead to an uptrend.
Technical Analysis of Zcash
Zcash (ZEC) is currently exhibiting a neutral market sentiment, with a Fear-Greed Index indicating extreme greed among investors. The 14-day RSI of 43.61 suggests that ZEC is neither overbought nor oversold.The 50-day SMA is above the 200-day SMA, indicating a potential bullish trend in the long term.
The current volatility of 8.18% reflects active trading conditions, while having 13 green days out of the last 30 indicates moderate positive momentum.Overall, these technical indicators suggest that Zcash has potential for growth, but traders should remain cautious and monitor market trends for future price movements.
Summary of Technical Indicators of Zcash (ZEC)
- 50-Day SMA: $35.51
- 200-Day SMA: $29.95
- 14-Day RSI: 43.61
- Volatility: 8.18%
- Fear-Greed Index: 80 (Extreme Greed)
- Market Sentiment: Neutral
- Green Days: 13 out of 30 (43%)
Factors Influencing Zcash Price
Zcash (ZEC) stands out in the cryptocurrency landscape through its sophisticated architecture and unique value propositions. As a privacy-focused digital asset, its price dynamics are influenced by several key technological and market factors:
- Privacy: Zcash employs zk-SNARK technology (Zero-Knowledge Succinct Non-Interactive Argument of Knowledge), allowing users to verify transactions without revealing sensitive information. This advanced cryptographic system enables users to choose between transparent and shielded transactions, offering unprecedented privacy options while maintaining blockchain integrity and auditability.
- Blockchain: The Zcash blockchain operates in two layers: transparent and shielded. Transparent transactions are almost exactly how bitcoin runs its transactions, while shielded transactions aim at hiding details around zk-SNARKs. The Blockchain accomplishes great security courtesy of cryptography yet remains available via easy-to-use wallets and interfaces for its authenticated users.
- Supply: Currently, Zcash’s maximum supply cap is set at 21 million coins. Significantly, the mining reward has halved after every four years. This limit on the supply framework is done in order to instill scarcity and self-carrying potential. Currently, mining rewards are shared between miners, development funds, and community incentives.
- Regulatory infrastructure: Zcash aims to maintain compliance via the Electric Coin Company’s proactive engagement with regulators. The protocol includes built-in features, thereby allowing optional transparency for auditing purposes. This balanced approach aids in ensuring privacy while satisfying regulatory requirements and reducing institutional adoption barriers.
- Algorithm Utility: The Equihash Proof-of-Work algorithm in Zcash is designed to be ASIC-resistant, promoting decentralization by allowing CPU mining. This consensus mechanism ensures network security while validating transactions efficiently. The algorithm’s memory-intensive nature helps prevent mining centralization and maintains network stability.
FAQ’s – Zec Price Prediction
Will Zcash reach $1000?
Based on Zcash price prediction, Zcash shows a bullish trend from 2024 to 2030. The forecasts suggest steady growth from around $33 in 2024 to potentially $293 by 2030. However, like all other coins, these future patterns also heavily rely on factors such as market acceptance, the evolution of the technology, and the regulations concerning Zcash.
Is Zcash a good investment?
Even if predictions show Zcash to rise, investments in Zcash need to focus on the levels of privacy, volatility of Zcash in the markets, and your acceptance of risk. The revenues are encouraging, but investing in cryptocurrency relies on extreme risks. Consider diversifying and only invest what you can afford to lose.
Is ZEC a good coin?
Since its launch in 2016, Zcash has been regarded as one of the top privacy-oriented cryptocurrencies. It is unique in the crypto space because its technology contains capabilities for both transparent and shielded transactions. However, like all cryptocurrencies, its adoption depends on continued development and adoption of privacy-focused cryptocurrencies.e.
What is the Future of Zcash?
Analysts expect that the price of Zcash (ZEC) will have high growth over the next coming years. For 2024, it is estimated to be around $35 for ZEC. A further prediction for 2025 places it at $50. Long-term estimates are projected that, by 2030, Zcash is calculated to be between $80 and $95. Some estimation may even reach $213.92 14.
Is it safe to invest in Zcash today?
While Zcash is an established cryptocurrency with strong privacy technology, no crypto investment is entirely safe. Consider factors like market volatility, regulatory risks, and your investment timeline. Always conduct thorough research and possibly consult financial advisors before investing.
