Zcash reclaims $1,200 as selling pressure eases, $1,300 in sight
- —ZEC trades near $1,213 after rebounding from an intraday low of $1,183.24
- —The token remains more than 25% below its late-September peak near $1,670
- —Zakura targets January for post-quantum signatures; ~70% of ZEC supply sits in transparent addresses
- —Winklevoss filed an S-1 for a spot Zcash ETF on October 6 with up to $100 million indicated interest
Why it matters: A sustained move above $1,250 would put $1,300 in focus, while a break below $1,185 risks a drop toward $1,100; the ETF filing and NU7 upgrade are key catalysts.
Source: crypto.news