Zcash (ZEC) To Surge Higher? Key Breakout and Retest Signaling Potential Upside Move

robot
Abstract generation in progress

Date: Wed, Oct 29, 2025 | 12:15 PM GMT The cryptocurrency market remains in cautious tone ahead of today’s Federal Reserve meeting, where investors eagerly await clarity on a potential rate cut decision. While both Bitcoin (BTC) and Ethereum (ETH) are trading slightly in the red, several altcoins continue to show relative strength — and Zcash (ZEC) is one of them. The privacy-focused cryptocurrency has gained over 21% this week, outperforming most major assets. More importantly, its latest chart formation suggests that a larger bullish move could be underway, driven by a classic breakout-and-retest setup often seen before major trend extensions.

Source: Coinmarketcap Ascending Triangle Breakout Retest On the 4-hour chart, ZEC recently completed an ascending triangle breakout, a pattern that typically signals bullish continuation after a consolidation phase. The token had been coiling tightly below a major resistance level around $310, which acted as a ceiling for several weeks. After multiple attempts, $ZEC finally broke above this resistance, surging to a local high near $375. As expected, the strong rally prompted short-term profit-taking, causing a healthy pullback toward the breakout zone.

Zcash (ZEC) 4H Chart/Coinsprobe (Source: Tradingview) Now, ZEC has successfully retested the $310 breakout level, as confirmed on the chart, and is trading around $332 — staying firm above the previous resistance-turned-support zone. This behavior indicates that buyers are defending the breakout level, signaling that bullish momentum remains intact. What’s Next for ZEC? If ZEC holds above $310 and manages to build on current strength with increasing volume, the technical picture favors a continuation toward higher levels. A decisive move above $375, the recent swing high, would confirm renewed bullish pressure and potentially trigger the next leg upward. The measured move target derived from the ascending triangle projects an upside toward $434, representing roughly a 30% gain from current levels if momentum persists. However, if ZEC slips below the $310 support, it could signal a temporary failed retest, leading to a short-term pullback before any new breakout attempt. For now, the structure remains constructive, and the combination of breakout confirmation and retest validation strongly hints that ZEC may be gearing up for another bullish phase in the coming sessions. Disclaimer: The views and analysis presented in this article are for informational purposes only and reflect the author’s perspective, not financial advice. Technical patterns and indicators discussed are subject to market volatility and may or may not yield the anticipated results. Investors are advised to exercise caution, conduct independent research, and make decisions aligned with their individual risk tolerance.

BTC-3.24%
ETH-3.57%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)