Zcash has skyrocketed by around 1,500% in the past two months, surging to $750—its highest level since January 2018—especially following endorsements from prominent crypto figures such as Naval Ravikant and Arthur Hayes. In particular, Hayes projects ZEC’s price to reach $1,000 in 2025 and $10,000 in the long term. However, technical indicators suggest significant downside risks, and traders should be wary of a substantial price correction. Zcash’s weekly relative strength index (RSI) reading reached 94.24 this week, its highest on record. Historically, ZEC’s price can continue to rally for several weeks after ... (full story)