Technical analysis by MrWhale about Symbol ZEC on 12/24/2025

In my view, the recent high around $750 marks the local top for Zcash in this cycle. I don't expect it to retest or surpass its all-time highs (far above current levels) unless Bitcoin turns strongly bullish and kicks off a rapid altcoin season.The major gains from this run seem largely realized, and what we're seeing now resembles a classic "dead cat bounce" after the sharp pullback from the November peak (~$744).That said, locally, Zcash still looks constructive. Price is approaching a potential apex in its current structure and could be setting up for a short-term upside breakout — provided overall market sentiment stays positive (i.e., Bitcoin breaks higher to provide the necessary momentum).As shown on the chart:Multiple daily resistance levels are marked — these make ideal potential sell zones for taking profits. Ultimately, how far you let it run depends on your greed tolerance. In the most bullish local scenario, I could see ZEC pushing to the weekly resistance around $615. All the daily levels en route would need to be cleared for that to play out, acting as intermediate hurdles. Trade safe, and manage risk!