Zcash approaches the $500 m target as technical indicators point to buyer control

Source: Yellow Original Title: Zcash approaches the $500 target as technical indicators signal buyer control

Original Link: https://yellow.com/es/news/zcash-se-acerca-al-objetivo-de-500-mientras-los-indicadores-técnicos-señalan-control-de-los-compradores Zcash gained 13% in 24 hours and trades near $438, while technical indicators point to an improvement in momentum. The privacy-focused cryptocurrency is testing key resistance levels that could determine whether it extends its gains toward $500.

What happened: the rally tests resistance

The Relative Strength Index rose above 50, placing ZEC among the altcoins showing bullish momentum despite broader market uncertainty. This shift suggests buyers are taking control of price action.

The Chaikin Money Flow indicator is in an upward trend, although still below zero.

The upward movement indicates capital outflows are slowing, a development that could precede net inflows if conditions stabilize.

Why it matters: recovery prospects

Zcash is testing the resistance of $442 at the time of publication. Surpassing this level would confirm the continuation of the rally and pave the way toward $500, which would require a 13.8% increase from current levels.

Failing to break above resistance could cause the price to retreat to the support at $403.

A break below that threshold would weaken the bullish outlook and could trigger a deeper correction toward $370.