Zcash Approaches Key Breakout Level as Ali Charts Watches Buyer Strength

• Zcash reclaimed key resistance levels while buyers maintained strong upward momentum.
• Ali Charts identified $698 resistance as breakout level traders closely monitor.
• Analysts warned failed breakout attempts could trigger temporary corrections toward lower supports.

Crypto analyst Ali Martinez said Zcash is moving closer to his projected $698.78 target as bullish momentum continues building across the market. According to Ali Charts, the next move depends on whether buyers can generate enough pressure to break above the major resistance zone near $700. ZEC traded around $670 during the latest rally phase while maintaining strong upside momentum on the daily timeframe. The token also continued holding above important support regions established during April.

According to the chart shared by Ali Charts on X, Zcash recovered strongly after bottoming near the $192 level in March. Buyers gradually regained market control from that point while pushing the token into a steady uptrend. Moreover, the recovery strengthened considerably after ZEC reclaimed the important $367 resistance region.

That level previously blocked multiple rallies earlier this year. However, stronger buying activity eventually pushed the token above resistance and changed the broader market structure. Since then, ZEC continued printing higher lows while sustaining upward momentum during pullbacks.

Also Read: U.S. Treasury Sanctions Crypto Network Linked to Sinaloa Cartel Operations

ZEC Traders Monitor Resistance Near $700

Ali Charts identified $698.78 as the next critical resistance zone for Zcash. The level also aligns with a previous rejection area that triggered selling pressure during late 2025. Additionally, many traders consider the $700 region psychologically important because round-number levels often influence market behavior. According to Ali Charts, the current rally still requires strong buyer participation for confirmation. His post specifically focused on whether buyers would “step in hard enough” to force a breakout above resistance.

The chart also showed ZEC consolidating near recent highs instead of facing an immediate rejection. That structure often signals buyers remain active despite increased selling pressure around resistance zones. Besides that, the token continued holding above previous breakout regions, which many traders view as a bullish technical sign. If buyers successfully push ZEC above $698, momentum could accelerate further as breakout traders enter new positions. However, failure to clear resistance may trigger a temporary pullback toward lower support regions near $600 or $500.

Zcash remains near a decisive technical zone as traders watch for confirmation above the $698 resistance level. According to Ali Charts, buyer strength around current levels will likely determine whether ZEC extends its rally or faces another rejection in the short term.

Also Read: Crypto Market Holds Firm on Thursday as XRP and SOL (SOL) Extend Gains

The post Zcash Approaches Key Breakout Level as Ali Charts Watches Buyer Strength appeared first on 36Crypto.