{"id":14384,"date":"2025-10-27T08:19:36","date_gmt":"2025-10-27T08:19:36","guid":{"rendered":"https:\/\/bitunikey.com\/news\/zcash-price-jumps-over-30-in-a-day-as-arthur-hayes-eyes-10k-target\/"},"modified":"2025-10-27T08:19:43","modified_gmt":"2025-10-27T08:19:43","slug":"zcash-price-jumps-over-30-in-a-day-as-arthur-hayes-eyes-10k-target","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/zcash-price-jumps-over-30-in-a-day-as-arthur-hayes-eyes-10k-target\/","title":{"rendered":"Zcash price jumps over 30% in a day as Arthur Hayes eyes $10K target"},"content":{"rendered":"<div class=\"post-detail__content blocks\">\n<p>Privacy-based coin ZCash posted double-digit gains in one day as BitMex co-founder posts bullish price prediction.\u00a0<\/p>\n<div id=\"cn-block-summary-block_7f9ebea844273df1c5c54725243ffd21\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>Zcash price has climbed 30% in the last 24 hours, breaking out of recent consolidation.<\/li>\n<li>The privacy coin\u2019s market cap has crossed the $5 billion mark for the first time.<\/li>\n<li>Arthur Hayes predicted ZEC could hit $10,000, fueling investor optimism and heavy buying.<\/li>\n<li>Immediate upside targets include $380\u2013$400 while key support sits around $340 and $300.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>Zcash price has increased by about 30% in the past 24 hours, reaching an intraday high of $374.74. At press time, the cryptocurrency has witnessed a minor pullback to $356.97, according to crypto.news data.<\/p>\n<p>The strong bullish candle follows a string of higher lows, confirming an accelerating uptrend. Price action shows a clear breakout from recent consolidation, supported by a healthy uptick in volume.<\/p>\n<p>Over the past week, Zcash (ZEC) climbed by more than 44%, rising from around $240 on Oct 21 to an intraday high of $374.74 on Oct 27. This rally has pushed the privacy-focused cryptocurrency\u2019s market capitalization past $5 billion for the first time, peaking at $5.92 billion. The huge growth comes amid cooling geopolitical tensions between the US and China, helping to lift overall market sentiment and push altcoins into positive territory.<\/p>\n<p>Another key catalyst behind the recent uptrend is BitMEX co-founder Arthur Hayes, who <a rel=\"nofollow\" target=\"_blank\" rel=\"nofollow\" href=\"https:\/\/x.com\/CryptoHayes\/status\/1982371104082596248?s=19\">predicted<\/a> on Sunday that ZEC could hit a $10,000 price target. Despite Hayes\u2019 controversial prediction history, his forecast appears to have injected fresh investor optimism into the privacy coin, helping drive a surge in buying activity that culminated in Monday\u2019s breakout.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<h2 class=\"wp-block-heading\">Technical indicators support Zcash price uptrend<\/h2>\n<p>From a technical perspective, the privacy coin remains in a strong uptrend. The Relative Strength Index (RSI) has spiked to 77.05, well into overbought territory, suggesting intense buying pressure. While such levels typically signal potential for short-term pullbacks, the RSI\u2019s sustained upward momentum hints at a broader bullish shift.<\/p>\n<p>Meanwhile, the Moving Average Convergence Divergence (MACD) indicator further supports this view. With the MACD line at 46.59 well above the signal line at 41.01 and a positive histogram of 5.58, the chart reflects growing bullish momentum. The bullish crossover that occurred earlier this month has now developed into a full-fledged rally.<\/p>\n<p>Looking ahead, ZEC could aim for the psychological $380\u2013$400 resistance zone in the short term. A strong daily close above $380 could signal continuation of the bullish leg, with the $400 level acting as a major milestone for both traders and long-term holders. However, if the coin fails to hold above $340, it may revisit support near $300 before attempting another leg up. For now, the technical and market signals both lean bullish.<\/p>\n<figure class=\"wp-block-image size-large\"><figcaption class=\"wp-element-caption\">Zcash price chart | Source: crypto.news<\/figcaption><\/figure>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Privacy-based coin ZCash posted double-digit gains in one day as BitMex co-founder posts bullish price prediction.\u00a0 Summary Zcash price has climbed 30% in the last 24 hours, breaking out of&hellip;<\/p>\n","protected":false},"author":1,"featured_media":14385,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-14384","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/14384","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=14384"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/14384\/revisions"}],"predecessor-version":[{"id":14386,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/14384\/revisions\/14386"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/14385"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=14384"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=14384"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=14384"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}