Zcash price tests $550‑$580 resistance as bulls seek breakout

Zcash (ZEC) is trading around $540 and faces a key resistance zone between $550 and $580, a level that has previously triggered strong selling pressure. Analysts note that the cryptocurrency has been forming higher lows, with buyers defending a demand zone near $440‑$480. As long as this support holds, the bullish structure remains intact.

A clean break above the resistance, confirmed by strong volume and a daily close over the barrier, could open the path to targets around $621 and possibly $688. Conversely, a loss of the $440‑$480 zone would undermine the bullish outlook and could lead to further downside. Technical indicators such as the RSI, MACD and Stochastic are currently in neutral ranges, reflecting mixed momentum.