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BTC $96,420 +2.34% ETH $3,280 +1.82% SOL $185.40 -0.92% BNB $642.50 +0.45% XRP $2.18 +3.12% DOGE $0.082 -1.50% ADA $1.05 +0.80% AVAX $42.10 +1.15%
10/31/2025

Zcash (ZEC) – The Only Coin "Staying Green" in a Sea of Red

While most of the crypto market is bleeding out, Zcash (ZEC) has emerged as a rare bright spot — surging over 500% in October alone, marking its strongest recovery since 2018. Celebrity Effect Ignites the Rally ZEC's price began breaking out after renowned investor Naval Ravikant called the coin "insurance for Bitcoin" in an October 1 post. Within just 24 hours, ZEC jumped over 60%, kicking off a sustained uptrend throughout the month. Then Arthur Hayes, co-founder of

Zcash (ZEC) – The Only Coin "Staying Green" in a Sea of Red

While most of the crypto market is bleeding out, Zcash (ZEC) has emerged as a rare bright spot — surging over 500% in October alone, marking its strongest recovery since 2018.

Celebrity Effect Ignites the Rally

ZEC's price began breaking out after renowned investor Naval Ravikant called the coin "insurance for Bitcoin" in an October 1 post. Within just 24 hours, ZEC jumped over 60%, kicking off a sustained uptrend throughout the month.

Then Arthur Hayes, co-founder of BitMEX, poured fuel on the fire when he publicly predicted ZEC could reach $10,000, sending FOMO sentiment surging across social media.
Additionally, Mert Mumtaz, CEO of Helius — a Solana development company — had also set a target of $1,000, making Zcash the center of attention in the crypto community throughout October.

Short Squeeze and FOMO Drive Prices Higher

According to data from CoinGlass, over $65 million in ZEC short positions were liquidated over the past two weeks, with more than half coming from traders betting on a price decline.
This short squeeze forced bears to buy back in to cut their losses, accelerating the price surge. At the same time, Google searches for "Zcash" spiked, signaling strong retail money flowing into this privacy coin.

Technical Signals Warn of a Pullback

Despite the strong run, ZEC is forming a rising wedge pattern — typically a warning sign ahead of a correction.
Technical analysis suggests the price could pull back 30% to the $260–$270 support zone in November, coinciding with the 20-day EMA.
Meanwhile, the RSI is declining even as price continues to rise, indicating that buying momentum is fading and the probability of a correction is increasing.

Summary:
Zcash has become October's standout phenomenon, powered by a combination of the celebrity effect, a short squeeze, and FOMO sentiment. However, technical patterns are warning investors to stay cautious — after a strong euphoric rally, a deep correction typically follows.