ZCash once again pushed the local resistance at $250 as Bitcoin prices rallied from the local lows of $65.6K. ZCash increased by 6% in the last 24 hours, contributing to last week’s 4% gain.
The short-term impulse has met long-term resistance, which could mean a breakout or rejection. Which is more likely based on the available evidence?
ZEC higher timeframe trend
Weekly swing structure continued its rise; Buyers continue to defend the $187 support, a key Fibonacci retracement level, despite months of pessimism.
From a structural perspective, this presented a constructive signal for long-term investors.
However, a closer look at the weekly internal structure reveals a different picture. The price could still move towards $290 and $327 highs before extending the broader internal downtrend.
From a momentum perspective, the RSI remains below the neutral 50 level, while the OBV has shown a downward trend since December 2025, indicating continued selling pressure.
Taken together, long-term buyers can feel confident as the price keeps downside risk in check, while the $300 zone emerges as the next upside target.
$250 difficulty
ZCash The H4 chart highlighted a supply zone in the $250 region that has been tested multiple times in the past month.
Although the mid-March rally saw a clean breakout beyond this zone, the price quickly fell below this level, retesting supply.
Therefore, this region was still in control of the downtrend but was under siege at the time of writing.
The move into this area on Tuesday, March 31 led to a remarkable trading volume. The short-term supply zone between $240-$245 has since been turned into support.
This result supported the idea that ZEC could rise to $290 next.
A cautious uptrend is warranted
There were a series of short liquidations near $260, $270, and $290 that could push ZEC prices higher.
Moreover, the oscillation structure of the 4-hour time frame also showed an upward trend, supporting upward expansion.
As the weekly chart shows, the next targets are the $290 and $327 levels. A break above $250 will add confidence to the bulls. AMBCrypto witnessed whale uptake of ZCash and capital inflow Lately.
However, investors need to be careful. Bitcoin is trending downward after a quick rejection from $76,000. BTC selling could hurt ZEC’s chances of achieving its short-term bullish goals.
Final Summary
- ZCash has momentum and short-term structure and it is likely to move towards $290 next.
- A break and retest of the $250 supply zone could provide a buying opportunity.
