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Zcash (ZEC) traded at around $410 at press time, with 24-hour trading volume at $843.81 million. ZEC rose 4.89% in the past day and gained 14.43% over the past week, according to crypto.news data.<\/strong><\/p>\n <\/p>\n Meanwhile, the privacy-focused token has climbed nearly 16.8% in the same weekly window, placing it among the stronger performers in the top 100 cryptocurrencies. ZEC also outpaced Bitcoin and Ethereum during the period.<\/p>\n Recently, Zcash flipped<\/a> Solana in 24-hour perpetual volume on Hyperliquid. The move stood out because Solana is usually one of the more active assets in derivatives markets.<\/p>\n The shift shows that traders have increased short-term activity around ZEC. It also suggests that speculative capital has moved toward a privacy-focused asset that has often seen quieter trading periods.<\/p>\n <\/p>\n Crypto analyst Ardi said<\/a> ZEC had moved toward the $405 target shared earlier. The analyst added that a continuation move may follow if ZEC pushes past the recent wick sweep pivot. Moreover, Altcoin Sherpa also pointed to $398 as a key resistance level for ZEC.\u00a0<\/p>\n \u201cIf zec can really break this level then I wouldn\u2019t be surprised to see mid 400s\/low 500s before the next big pullback,\u201d Altcoin Sherpa noted<\/a>.<\/p>\n<\/blockquote>\n ZEC has now cleared that $398 area, placing attention on whether buyers can hold the level. If the token remains above it, traders may watch the mid-$400 area as the next test.<\/p>\n Still, Altcoin Sherpa did not signal fresh buying at the current price. The trader said he would rather buy higher and also warned that a \u201cbig pullback\u201d could follow after the next move.<\/p>\n\n
Analysts watch $398 and higher targets<\/strong><\/h2>\n
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On-chain warning tempers rally outlook<\/strong><\/h2>\n