Incoming liquidity from the US Fed and bullish technical breakouts are aligning to help a $1,000 worth outlook for Zcash.
Zcash’s (ZEC) price could be gearing up for a push toward its “first stop” target of $1,000, according to Arthur Hayes, the former CEO of crypto derivatives exchange BitMEX.
Key takeaways:
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ZEC has risen 40% since Arthur Hayes’ Dec. 19 liquidity call, with privacy narratives gaining momentum.
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Zcash charts still target $1,000 in the longer term, but a pullback toward $400 should not be ruled out.
ZEC price pumps 40% after Hayes’ endorsement
Hayes’ bullish outlook for Zcash first appeared during a Dec. 19 interview, where he explained that liquidity can still return to markets even if the Federal Reserve never explicitly announces “quantitative easing” in 2026.
He mentioned policymakers will depend on short-term funding operations and reserve-management purchases to quietly inject money into the monetary system with out drawing headlines.
In that setup, privateness and zero-knowledge applied sciences will re-emerge as a dominant crypto narrative, positioning Zcash as a liquid proxy commerce if threat urge for food returns, Hayes argued.
Since that interview aired, ZEC has rallied roughly 40%, climbing to round $550. The transfer extends an 82% rebound from its native low close to $300 established only a month earlier.
The pump appeared just like Hayes’ ZEC endorsement in October when its worth rallied to a multiyear excessive of $775 from round $75.
ZEC triangle breakout reinforces $1,000 worth goal
Crypto dealer Crypto Curb highlighted Zcash breaking out of its prevailing ascending triangle sample whereas reclaiming its 50-week transferring common (50-week MA) as help.
In his evaluation, the breakout construction left the door open for a direct growth towards the $1,000 zone, notably if privacy-focused narratives achieve traction in 2026.
Associated: What’s behind the surge in privateness tokens as the remainder of the market weakens?
In distinction, analyst Eric Van Tassel mentioned a ZEC worth pullback towards the $400 zone is feasible within the coming days owing to a prevailing rising wedge sample.
This potential draw back transfer could be a “regular reset,” nonetheless, that may clear extra leverage and allow a extra profound rally towards the $1,000 goal.
“Remember the fact that we didn’t see an precise retest of $400 as the value was simply in need of that at $404.60 on this chart,” Van Tassel wrote on Saturday, including:
“[Market makers] love to return and tag these necessary numbers. This additional strengthens the case of going again to try this, because the rising wedge measured transfer aligns completely.”
This text doesn’t include funding recommendation or suggestions. Each funding and buying and selling transfer includes threat, and readers ought to conduct their very own analysis when making a choice. Whereas we try to offer correct and well timed info, Cointelegraph doesn’t assure the accuracy, completeness, or reliability of any info on this article. This text might include forward-looking statements which are topic to dangers and uncertainties. Cointelegraph won’t be chargeable for any loss or injury arising out of your reliance on this info.
This text doesn’t include funding recommendation or suggestions. Each funding and buying and selling transfer includes threat, and readers ought to conduct their very own analysis when making a choice. Whereas we try to offer correct and well timed info, Cointelegraph doesn’t assure the accuracy, completeness, or reliability of any info on this article. This text might include forward-looking statements which are topic to dangers and uncertainties. Cointelegraph won’t be chargeable for any loss or injury arising out of your reliance on this info.
