Why is ZEC Price Surging Today?

• ZEC price surges 14.55% to $667.92 in the last 24 hours, with trading volume soaring to $1.133B.
• Spot buying volume surged 117.54% after Zcash reported SEC probe closure and $36.7M in liquid assets.
• If ZEC holds above $600 level, it may target $750, but a break below $600 could trigger a pullback.

 Zcash (ZEC) price is surging today by more than 14.55%, trading near $667.92 at press time with strong trading volume exceeding $1.33 billion, a 117.54% increase from the previous day. 

The token broke key resistance levels around the $560–$660 range, reclaimed major moving averages, and showed strong bullish technicals like a golden crossover and flag breakout pattern.

Why ZEC Price is Surging

The primary catalyst behind ZEC’s price rally was the Zcash Foundation’s Q1 report, which confirmed that the SEC had closed its investigation into the Foundation witho…

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