On the technical side, traders point to a possible cup-and-handle pattern, but this is a subjective chart formation with no guarantee of outcome. Resistance is often cited around $625–$650, with some speculative projections suggesting a move toward $1,000, though this depends heavily on broader market conditions and is not a confirmed target.
The target also lines up with ZEC’s 1.618 Fibonacci extension, drawn from a $745 swing high down to a $185 swing low.
This thing is running its own bull market rn… gg
Whether the cup-and-handle plays out or not, the coin has already proven it can move on its own terms.
Featured image from Quicknode, chart from TradingView
