Right then. Zcash, that delightfully enigmatic cryptocurrency, has apparently decided to have a bit of a run. A 1,500% surge this year, you say? Goodness gracious. Seems investors have suddenly remembered that sometimes, people actually want a little privacy. Who knew? 🤔 It’s now teetering on the brink of forming something called an ‘inverse head and shoulders’ – which, frankly, sounds like a rather uncomfortable medical condition for a chart. But apparently, it means ‘good things’ for the price. Or possibly just more charts.

Zcash price has done a bit of a jump – up 175% last month. Honestly, one would hope.
Apparently, some Very Important People™ (Winklevoss twins and a chap called Arthur Hayes) have decided Zcash deserves their attention. Money talks, even in the shadowy world of crypto.
There’s a thing on a chart. A ‘pattern’. It’s ‘inverse’. It has ‘shoulders’. We’ll leave it at that. 🤷

According to those who keep track of such things (crypto.news, in this case), Zcash (ZEC) has been bouncing around like a caffeinated frog, up 30% in the last week and a frankly ridiculous 175% in the last month. As of Thursday, November 20th, it was wobbling around at $691.5, which is nearly 1,625% up from wherever it was lurking in early September. A substantial leap, even for a cryptocurrency.

The reasons for this sudden enthusiasm? Well, the aforementioned Very Important People™ are involved. The Winklevoss twins, bless their digital asset-accumulating hearts, have set up Cypherpunk Technologies, dedicated to hoarding ZEC. They’ve already squirrelled away 233,644 ZEC-roughly $150 million-after buying almost 30,000 more at $602.6 each. They aim to own 5% of the entire supply. Because, apparently, that’s a thing people do with cryptocurrencies. 💰

This, naturally, has cheered everyone on, because when big players buy a lot of something, other people tend to think it’s a good idea to buy some too. It’s called ‘following the herd’, and it’s remarkably effective…until the herd runs off a cliff. But let’s not dwell on that. 😬

Arthur Hayes, a former CEO of Bitmex and a seasoned privacy advocate, is also whispering sweet nothings about Zcash potentially hitting $1,000. He also seems to be shuffling a lot of ETH and other tokens around, which might mean something, or might just mean he’s reorganising his digital sock drawer. Who knows? 🤔

This has kicked off a bit of a frenzy, with other privacy coins like Decred, Dash, and Monero also having a decent run. It seems some people are starting to value their digital anonymity. Shocking, I tell you. Shocking!

And get this: nearly 30% of all ZEC is now hiding in “shielded pools.” Apparently, people are actually using the privacy features! Now there’s a twist. This also means fewer coins are available for trading, which… well, it’s economics. Don’t ask me to explain it; I’m just a humble narrator. 🤷‍♀️

Zcash price analysis (Or, ‘What the Lines on the Screen Say’)

So, about that chart… It appears Zcash price has formed this ‘inverse head and shoulders’ thingy on the 4-hour chart. The ‘head’ is at $425, the ‘shoulders’ are at $485 and $545. Don’t ask me why anyone would name a chart pattern after anatomy, it’s just… charts.🤓

Currently, it’s looking like it might break past the ‘neckline’ at $690. If it does, they say it could rocket up to $956 – a whopping 40% increase. Now that’s a number that gets one’s attention.

Other indicators (because charts are never simple) also suggest an upward trend. It’s above the 50-day Moving Average (whatever that is) and something called a ‘Supertrend’ has turned green, which apparently is a good sign. For the Supertrend, not necessarily for the planet.

However, and there’s always a ‘however’, it all depends on whether Zcash can hold its position above that 50-day Moving Average. If it falls below, the whole thing could unravel faster than a cheap sweater. And then we’re back to discussing charts and wondering where the money went. 💸

2025-11-20 10:33

Zcash to the Moon? 🚀📈

Zcash price analysis (Or, ‘What the Lines on the Screen Say’)

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