Zcash (ZEC) has become one of the strongest performers in the crypto market, with its price soaring 109% amid improving conditions across digital assets. This surge comes as the privacy-focused cryptocurrency appears to be moving independently of Bitcoin, breaking the historical correlation that often dictated its price trends. Zcash Pulls Away From The King The correlation between Zcash and Bitcoin has dropped to just 0.02, indicating a near-total decoupling from the world’s largest cryptocurrency. A correlation this low means that ZEC’s price movements are largely unaffected by Bitcoin’s volatility. This independence allows Zcash to follow its own trajectory, driven by internal market conditions rather than broader BTC trends. If the correlation dips below zero, Zcash will officially begin moving inversely to Bitcoin — a highly favorable sign given BTC’s recent stagnation. This independence strengthens Zcash’s position as a standout performer during a period of mixed market sentiment. Want more token insights like this? Sign up for Editor Harsh Notariya’s Daily Crypto Newsletter here. ZEC Correlation With Bitcoin. Source: TradingView Despite the strong uptrend, Zcash’s liquidation map highlights a potential risk. A drop below its closest support level at $224 could trigger roughly $9 million in liquidations. This suggests that traders holding leveraged positions may face sharp losses if the market sees even minor corrections. The recent surge may also signal that ZEC is approaching a short-term saturation point. As the asset records higher profits, investors could begin booking gains, which historically leads to mild corrections. If profit-taking accelerates, liquidations could exacerbate volatility and create short-term downward pressure. ZEC Liquidation Map. Source: Coinglass ZEC Price May Continue Its Push At the time of writing, ZEC is trading at $266, holding firm above the $224 support but facing resistance at $290. The crypto token is likely to maintain a range-bound pattern as it consolidates its recent gains. If bullish momentum continues, Zcash could break above $290 and target $338, extending its rally. Such a move would confirm strong investor confidence and reinforce the asset’s breakout from Bitcoin’s influence. ZEC Price Analysis. Source: TradingView However, a shift in sentiment or heavy profit-taking could push ZEC below $224, leading to forced liquidations and a possible drop to $176. Such a decline would invalidate the bullish outlook and highlight the risks tied to rapid gains in volatile markets. The post Zcash Breaks Free From Bitcoin—Is $330 Next Or A Sharp Pullback? appeared first on BeInCrypto.
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