Zcash (ZEC) Surges Nearly 4% Following Robinhood Listing
- Zcash (ZEC) price increased by nearly 4%, reaching $332.44 after being listed on Robinhood.
- The global crypto market cap decreased by approximately 2%, contrasting ZEC’s upward movement.
- Arthur Hayes, co-founder of BitMEX, predicts a long-term price target of $10,000 for Zcash.
- The listing provides Zcash with greater liquidity and access to millions of retail investors.
- Analyst thatsavibe_eth forecasts a potential rally to $600 if ZEC breaks the $390 resistance level.
The recent Robinhood listing has significantly boosted market confidence in Zcash, especially amid rising interest in privacy-focused coins. Despite a broader market pullback, ZEC’s performance highlights its resilience and potential for future growth.
With the current price at $332.44, the outlook for Zcash remains optimistic as it navigates through key resistance levels and support zones.(Source)
