Zcash Rally Nears Multi-Month Highs: Can $ZEC Hold Above $64.67 Support?

Zcash increased by 73.5% within a week, one of its best performances within the past few months.

The break over of $64.67 is a big change in the market structure towards the multi-month highs.

Resistance at $95.60 remains the critical barrier that will determine whether momentum continues or retraces.

In the past seven days, Zcash has experienced one of its best performances in the last few months, gaining 73.5%. The current price of the token is at $93.49 and the range of the price remains between $64.67 to $95.60 day in, day out. This drastic spike is also indicative of a 40.2% change to Bitcoin whereby the $ZEC/BTC pair is priced at 0.0008024 BTC. The wave has moved Zcash to a key area of resistance and traders are looking at whether the price will support where it is.

Strong Breakout Above Support

It is worth noting that Zcash has surged past the support of $64.67 which over the months had served as a ceiling. The technical breakout was proven by the shift above this zone that has propelled the token towards multi-month highs

The next resistance level at $95.60 now defines the upper boundary of the ongoing rally. Market participants will watch this threshold closely as it determines the strength of the current breakout.

Weekly Performance Highlights

Over the past week, Zcash’s price action has shown consistent upward momentum, with little sign of slowing down. The 73.5% increase marks one of the most significant seven-day surges in its recent trading history. On the Bitcoin pair, the 40.2% weekly gain reflects broader strength across different markets. With price currently near $93, ZEC has gained nearly $30 in value in just a week.

Market Context and Outlook

This price development has shifted the market structure significantly, as ZEC consolidates above prior resistance.However, if ZEC advances, the next sessions will confirm whether the market sustains this rally or faces retracement pressures. The support at $64.67 is the most important support in case of a pullback and the immediate upside is determined at $95.60

With the levels of resistance not decreasing, the traders might be seeking further consolidation before taking any further actions. Zcash’s breakout signals renewed strength; sustaining above $64.67 while testing $95.60 could determine continuation or retracement in coming weeks.