ZCash Fundamental Analysis
Zcash serves as a means of acquiring goods and services, protecting the anonymity of users who transact with it, using advanced cryptographic technology to make it impossible to find out who is behind a money transfer. Since its inception, ZEC has been mined on a large scale by a large number of miners. A key innovation from Zcash is zk-SNARKs technology, a type of zero-knowledge proof that allows transactions to be sent between parties without any information other than the validity of the transaction being revealed. Zcash’s goal is to allow the absolute privacy of transactions to be optional.
Curr. Supply/Total Supply
ZCash Live Price Chart
ZCash Technical Analysis
Despite the fact that 100% accurate technical analysis for ZCash cryptocurrency is hardly possible, on this advanced technical analysis tool by TradingView you can see the real-time aggregated ZEC buy-and-sell rating for selected timeframe. The summary for ZEC/USD is based on the most popular technical indicators — Moving Averages, Oscillators and Pivots.
ZCash Price Prediction
Below we have collected the most reliable price projections for ZCash (ZEC) from popular forecast platforms.
#1. WalletInvestor ZEC Price Prediction for 2021 and 2025
According to WalletInvestor, Zcash price will grow from $231.2 to $349.873 in one year. That makes ZEC a awesome investment. The long-term earning potential is 51.33%. Predicted price for the end of 2026 is $757.909.
#2. TradingBeasts ZEC Price Prediction for 2021-2022
Answering the question about if Zcash is a good investment, TradingBeasts say resounding yes. In the 2021 perspective, this coin price is predicted to reach $231.972 with a growth to $272.758 by the end of 2022.
#3. DigitalCoin ZEC Price Forecast for 2021-2025
In DigitalCoin analysis, the price of Zcash cryptocurrency will rise in the next 5 years starting from $232.807 as of today’s price to $916.381. It will go up to $388.66 by 2022 and continue its growth in 2023-2024. Based on the forecast, Zcash is profitable long-term investment.
#4. LongForecast ZEC Price prediction for 2021-2022
In 2021, the average price will go up to $283.063. In 2022, Zcash’s price will raise significantly to an average of $343.625.
As it can be clear from the analysis cited above, ZCash (ZEC) projections are rather contradictory. There is no universal consensus either about positive or negative future ZEC price movements. Indeed, the future possible growth depends on various factors: announcements, new technological solutions of the ZCash projects, the crypto environment in general, legal position, and so on. We kindly remind you that before investing in any cryptocurrency, it is essential to do your own research (DYOR).
This article should not be considered as offering trading recommendations. The cryptocurrency market suffers from high volatility and occasional arbitrary movements. Any investor should research multiple viewpoints and be familiar with all local regulations before committing to an investment.
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