Zcash (ZEC) has surged to its highest level since 2025, but the rally is now 
approaching a major technical barrier. While some analysts point to the first 
“constructive signs” in months, others warn of potential signs of exhaustion. 
Related Reading: European Commission Launches Crypto Rules Review As Euro 
Stablecoin Project Gains Support ZEC 110% Rally Faces Key Barrier Zcash has 
been among the crypto market leaders amid the recent volatility, rallying more 
than 21% over the past week and 110% over the past 30 days. Throughout May, 
the cryptocurrency has jumped from the $350 barrier to reclaim the $670 area, 
reaching a six-month high of $690 on Wednesday. Amid this performance, market 
observer Ali Martinez highlighted a multi-month horizontal channel that has 
been forming since October between the $192 and $698 level. After retesting 
the channel’s bottom in March, ZEC has jumped roughly 250% toward the upper 
zone of the channel, nearing a retest of the macro resistance. The analyst 
affirmed that the next step “is seeing whether buyers step in hard enough to 
force a breakout” from the crucial resistance zone. Nonetheless, he noted that 
Zcash may be showing signs of exhaustion as it approaches the “same resistance 
zone that triggered a major rejection back in November,” between $700 and 
$730. According to the post, ZEC’s TD Sequential is currently flashing a sell 
signal on the weekly chart while momentum indicators “are starting to look 
stretched again,” making it an important setup to watch. The 250% move from 
the bottom to the top of the channel was anticipated by a TD Sequential buy 
signal on the weekly chart, Martinez noted, asserting that the correction 
could be more significant since the sell signal has appeared in the weekly 
timeframe. He suggested that Zcash could see a 25% correction toward the $500 
area as the initial target, adding that a 45% drop toward the $380 support may 
follow if a deeper retracement occurs. “So, while both HYPE and Zcash remain 
in strong uptrends, they are also entering zones where risk increases 
significantly,” he warned. Zcash Shows ‘Constructive Signs’ While the price 
holds the December highs as support in the weekly timeframe, analyst Rekt 
Capital pointed out that Zcash is “showing initial Bull Flag tendencies 
similar to what developed a few weeks prior, with positive pressure building 
at $528.951.” Market observer affirmed that the recent performance is “the 
first opportunity to see whether ZEC can hold these levels in a durable way,” 
adding that “so far the early signs are constructive.” Continuing to hold this 
area would go against the prior failed retest and suggest a real shift in 
market dynamics, with buyers willing to accumulate here. He explained that if 
Zcash continues to retest the $698 resistance and produces shallower 
rejections, it would signal that the $700 physiological barrier is weakening, 
which could, over time, open the path for price discovery. Related Reading: 
XRP ‘Under Heavy Resistance’ After Key $1.50 Rejection – Is A Drop To $1 Next? 
Nonetheless, he noted that price stability at current levels is crucial, and 
continued weekly closes above the $530 area would confirm the shift in market 
dynamics from last year’s attempt. On the monthly timeframe, Rekt Capital 
affirmed that a close above $514 is also critical, as it marks the three-month 
resistance zone that capped its breakout attempts between late 2025 and early 
2026. “A Monthly Close above it, followed by a successful retest as new 
support, would be a compelling setup,” he concluded. Featured Image from 
Unsplash.com, Chart from TradingView.com

Zcash (ZEC) has surged to its highest level since 2025, but the rally is now approaching a major technical barrier. While some analysts point to the first “constructive signs” in months, others warn of potential signs of exhaustion. Related Reading: European Commission Launches Crypto Rules Review As Euro Stablecoin Project Gains Support ZEC 110% Rally &#8230;

Zcash (ZEC) Soars To Six-Month Highs After 110% Rally – Can It Break The $700 Barrier?

Lehane&#8217;s state-focused strategy could shape AI&#8217;s regulatory landscape, 
impacting investment dynamics and potentially benefiting larger firms.
The post OpenAI&#8217;s Chris Lehane seeks to address AI&#8217;s reputation crisis 
appeared first on Crypto Briefing.

Lehane&#8217;s state-focused strategy could shape AI&#8217;s regulatory landscape, impacting investment dynamics and potentially benefiting larger firms. The post OpenAI&#8217;s Chris Lehane seeks to address AI&#8217;s reputation crisis appeared first on Crypto Briefing.

OpenAI’s Chris Lehane seeks to address AI’s reputation crisis

Thin market liquidity heightens volatility risks, potentially triggering 
widespread asset selloffs, impacting both forex and crypto markets.
The post Yen traders brace for intervention risk as holidays drain market 
liquidity appeared first on Crypto Briefing.

Thin market liquidity heightens volatility risks, potentially triggering widespread asset selloffs, impacting both forex and crypto markets. The post Yen traders brace for intervention risk as holidays drain market liquidity appeared first on Crypto Briefing.

Yen traders brace for intervention risk as holidays drain market liquidity

Bitcoin&#8217;s Coinbase premium has fallen to its lowest level this month, adding 
to signs that institutional investors in the U.S. have continued selling the 
flagship crypto while spot demand weakens. According to data shared by 
CryptoQuant analyst Darkfost, the Coinbase…

Bitcoin&#8217;s Coinbase premium has fallen to its lowest level this month, adding to signs that institutional investors in the U.S. have continued selling the flagship crypto while spot demand weakens. According to data shared by CryptoQuant analyst Darkfost, the Coinbase…

Is Bitcoin at risk as Coinbase premium hits monthly low?

Bitcoin price reached $82,400 on May 20 and ran into a line on a chart. Up 37% 
from its April lows, BTC stalled at the 200-day moving average, pulled back to 
as low as $76,000, and left the market wondering what the rejection showed 
about the market&#8217;s underlying structure. That line, a simple arithmetic 
average, […]
The post Why do Bitcoin traders care so much about the 200-day moving average? 
appeared first on CryptoSlate.

Bitcoin price reached $82,400 on May 20 and ran into a line on a chart. Up 37% from its April lows, BTC stalled at the 200-day moving average, pulled back to as low as $76,000, and left the market wondering what the rejection showed about the market&#8217;s underlying structure. That line, a simple arithmetic average, &#8230;

Why do Bitcoin traders care so much about the 200-day moving average?

On-chain data shows the XRP whales have gone on a 71 million coin buying spree 
over the past week even as the asset&#8217;s price has dropped. XRP Whales Have 
Increased Holdings Recently In a new post on X, analyst Ali Martinez has 
talked about the latest trend in the supply held by whales on the XRP network. 
&#8220;Whales&#8221; refer to the entities holding a considerable amount of the asset in 
their wallet balance. Related Reading: Bitcoin $78,000 Rebound Fizzles As 
Coinbase Premium Stays Red These investors can carry some degree of influence 
in the market thanks to their large holdings, so their behavior can often be 
worth keeping an eye on. The moves made by the whales may not always directly 
impact the asset, but they can still be revealing about the sentiment present 
among them. There are many ways to track the behavior of the whales, with one 
such being through their holdings. Below is the chart shared by Martinez that 
shows the trend in the supply of the large XRP holders. As is visible in the 
graph, the XRP whales have expanded their holdings recently. More 
specifically, these humongous investors have added more than 71 million tokens 
of the cryptocurrency (worth around $97.8 million right now) to their supply 
over the past week. This accumulation spree from the whales has interestingly 
arrived while the asset&#8217;s price has gone down by over 8% within the same 
window. Considering this timing, it&#8217;s possible that the big-money hands are 
looking at the dip as a lucrative opportunity to buy more of XRP. It only 
remains to be seen, though, whether this bet from the whales will pay off. In 
some other news, XRP may be gearing up for a volatile move, as the analyst has 
highlighted in another X post. The indicator cited by Martinez is the 
Bollinger Bands, a tool that&#8217;s generally used for measuring the volatility of 
an asset. Related Reading: Bitcoin ETF Inflows Are Underperforming In 2026, 
Data Shows There are three bands in the indicator: a 20-day moving average 
(MA) central line and two levels on either side of it corresponding to certain 
standard deviations up and down. From the chart, it&#8217;s visible that the 
Bollinger Bands have squeezed around the 3-day XRP price recently. This 
suggests that the cryptocurrency has been experiencing stale price action. 
According to the analyst, the current squeeze in the metric is the tightest 
one in over a year. &#8220;When volatility compresses this tightly, it’s a signal 
that a violent price expansion is approaching,&#8221; noted Martinez. XRP Price XRP 
briefly breached the $0.54 mark one week ago, but the coin has since seen a 
notable drawdown as its price has returned to $1.37. Featured image from 
Dall-E, chart from TradingView.com

On-chain data shows the XRP whales have gone on a 71 million coin buying spree over the past week even as the asset&#8217;s price has dropped. XRP Whales Have Increased Holdings Recently In a new post on X, analyst Ali Martinez has talked about the latest trend in the supply held by whales on the &#8230;

Zcash (ZEC) Soars To Six-Month Highs After 110% Rally – Can It Break The $700 Barrier?

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