The post Break Above $485 Could Open A Run Towards $620 appeared on BitcoinEthereumNews.com. ZEC rises 12% as spot inflows flip positive, driven by renewed interestThe post Break Above $485 Could Open A Run Towards $620 appeared on BitcoinEthereumNews.com. ZEC rises 12% as spot inflows flip positive, driven by renewed interest

Break Above $485 Could Open A Run Towards $620

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  • ZEC rises 12% as spot inflows flip positive, driven by renewed interest in Cypherpunk Technologies and stronger demand near $380.
  • Momentum improves with SAR support and stable RSI, while buyers test the $472–$485 resistance band that defines the next breakout.
  • Clearing $485 opens targets at $506, $556 and $620, while failure below $430 risks a shift back into consolidation.

Zcash price today trades near $456 after a sharp 12% rise in the last 24 hours, extending the weekly rebound and reversing the post-Fed dip. The recovery follows heavy interest in Cypherpunk Technologies and rising spot inflows, with buyers testing the first major resistance zone near $472–$485.

Spot Inflows Turn Positive As Buyers Regain Control

ZEC Netflows (Source: Coinglass)

Coinglass data shows $1.44M in net inflows on December 12, a notable shift after last week’s heavy distribution. Green bars have returned across daily flow readings, which aligns with ZEC’s rebound from the $380 area.

The new inflow trend suggests buyers are rebuilding exposure rather than exiting on strength. ZEC has also outperformed its peers after Cypherpunk Technologies gained 9.7%, driven by a surge in engagement and renewed visibility around its treasury positioning. The firm recently deployed $50M to acquire 203,775 ZEC, providing a clear floor for demand.

Momentum strengthened after social activity around the company spiked 261% above average, creating additional interest in the privacy asset category. With social attention, inflows, and price action aligned, ZEC has entered a constructive phase heading into the weekend.

Short Term Momentum Builds As SAR And RSI Stay Supportive

ZEC Price Action (SourceTradingView)

The 30-minute chart shows a clean upward channel forming from the $380–$390 base. Parabolic SAR has remained mostly below price through the full acceleration phase, confirming trending strength. ZEC has paused near $457, but structure remains bullish as long as it stays above the local support zone near $440.

RSI sits around 54–56, which is a healthy mid-range reading that allows further upside without overheating. Buyers have not shown exhaustion, and dips remain shallow. The trend is climbing with higher lows, and the recent tight consolidation suggests preparation for another impulse move.

A break above the micro-trendline on this timeframe would signal continuation toward the $472 test.

Daily Chart Hits First Key Fib Wall As Bulls Eye $556 Next

ZEC Price Action (Source: TradingView)

The daily chart shows ZEC approaching the 0.382 Fibonacci level at $459.20, which it is now attempting to reclaim. The next major barriers sit at:

  • $506–$507 at the 0.5 Fibonacci
  • $556.93 at the 0.618 Fibonacci
  • $620–$630 as the upper breakout range

A close above $472–$485 invalidates the most recent lower-high sequence and opens the path toward $506. Above $506, momentum typically accelerates because this level sits directly under the prior breakdown wick.

EMAs also support the recovery. ZEC now trades above the 20-day EMA at $430, while the 50-day EMA at $416 adds a secondary base. As long as ZEC holds above these moving averages, the structure favors continuation.

Supertrend on the daily remains red, but it is flattening near $548, indicating the first major reversal confirmation point. A clean move through $556 would align with a Supertrend flip, which is typically followed by multi-week upside.

Outlook. Will Zcash Go Up?

  • Bullish case: A close above $485 sets the stage for a rally toward $506, then $556, and finally $620 if momentum and inflows continue. The combination of spot demand, positive SAR structure, and a reclaimed Fibonacci band supports higher prices.
  • Bearish case: Failure at $472–$485 would trigger a pullback toward $430 and then $398, where the 0.236 Fibonacci level provides deeper support. Losing $398 would weaken the trend and shift the market back into a corrective structure.

If ZEC clears $485 with volume, buyers maintain control. Losing $430 turns the move into a sideways consolidation and delays the path toward $556.

Related: Midnight (NIGHT) Price Prediction 2025–2030: Can The New Privacy Layer Sustain Its Early Breakout?

Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

Source: https://coinedition.com/zcash-price-prediction-break-above-485-could-open-a-run-towards-620/

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