Zcash (ZEC) Price Rebound Analysis: Strategic Entry Points and Path to $300

Zcash (ZEC) has captured significant attention in October 2025 following a 14.59% single-day surge and a 401.78% rally over 30 days, pushing its price to $257.87 as of October 15, according to a Sandmark analysis. This rebound, anchored by a critical support level at $224.05 noted by Sandmark, has sparked renewed interest in the privacy-focused cryptocurrency. This analysis evaluates the catalysts, technical strength, and on-chain dynamics underpinning ZEC's bullish momentum, while identifying strategic entry points for investors eyeing a potential $300 target.

Catalysts for the Rebound: Privacy Adoption and Protocol Developments

Zcash's resurgence aligns with broader market trends favoring privacy-centric assets. According to a CoinCodex report, growing institutional and retail demand for shielded transactions has driven ZEC's adoption, particularly in sectors like anonymous subscriptions via partnerships such as NymVPN. Additionally, the release of Zcashd 6.3.0 in August 2025 introduced network stability enhancements and laid the groundwork for future upgrades, a development CoinCodex highlighted. These developments, coupled with a favorable macroeconomic environment for altcoins, have positioned ZEC as a compelling play in the privacy niche.

Technical Analysis: Overbought Momentum and Golden Cross

Zcash's technical indicators paint a robust bullish picture. The Relative Strength Index (RSI) currently exceeds 70, signaling overbought conditions and sustained buying pressure, per the CoinCodex coverage. Meanwhile, the Moving Average Convergence Divergence (MACD) shows the line above the signal line with a positive histogram, reinforcing upward momentum, as noted in an Ecoinimist article. A golden cross-where the 50-day moving average crosses above the 200-day line-further validates short-term optimism, according to a 99Bitcoins analysis.

On the price chart, ZEC has broken through key resistance levels at $174.20 and $220.00, the Sandmark analysis reports, with the $298 level identified as the next critical hurdle. A bullish flag pattern between $250 and $298 suggests a potential target of $336 if the trend holds, a scenario CoinCodex outlines. However, traders should monitor the $245 threshold, as a close below this level could trigger a correction to $237, another observation from CoinCodex.

On-Chain Metrics: Accumulation and Network Activity

On-chain data underscores ZEC's strengthening fundamentals. Active addresses averaged 1.9k in Q3 2025, while on-chain fees peaked at $29 in September, reflecting heightened network usage, Sandmark notes. The MVRV ratio of 0.918 indicates most holders remain at an unrealized loss, creating a tailwind for profit-taking if prices rise further, per Sandmark. Additionally, Chaikin Money Flow (CMF) remains positive at 0.25, suggesting institutional accumulation-an insight previously discussed by 99Bitcoins.

Derivatives activity, though subdued, shows promise. Open Interest (OI) surged to $237 million during ZEC's 12% rally in October, signaling strong retail and leveraged buying, as reported by Ecoinimist. This influx of capital could fuel further gains, particularly if ZEC breaks above $294.17, a level highlighted in the 99Bitcoins analysis.

Strategic Entry Points and Risk Management

For investors seeking to capitalize on ZEC's bullish trajectory, key support zones offer strategic entry opportunities. A pullback to the $230–$235 range could present a favorable entry point, as this level represents a confluence of historical support and Fibonacci retracement levels noted by CoinCodex. If ZEC retests $224.05 without breaking below $200.32, it could reaccelerate toward $300, the Sandmark analysis suggests.

However, volatility remains a concern. A bearish close below $235 may trigger a correction to $200–$230, according to a PricePrediction forecast, but this could also create a second buying opportunity for long-term holders. Traders are advised to use stop-loss orders below $245 to mitigate downside risk, as CoinCodex recommends.

Risks and Regulatory Headwinds

Despite the bullish case, Zcash faces headwinds. The EU's impending ban on privacy tokens could limit exchange listings and institutional adoption, a risk Sandmark emphasizes. Additionally, overbought conditions (RSI >70) and a "gravestone doji" pattern hint at potential short-term corrections, a caveat CoinCodex raises. Investors must balance these risks against ZEC's strong technical setup and growing utility in shielded transactions.

Conclusion: A High-Conviction Play on Privacy

Zcash's confluence of technical strength, on-chain accumulation, and strategic partnerships positions it as a high-conviction asset for investors targeting a $300 price level. While regulatory uncertainties persist, the current market structure-supported by a golden cross, bullish flag pattern, and expanding retail participation-suggests ZEC could retest its all-time high of $391 in 2026, as noted by Ecoinimist. Strategic entries near $230–$235, combined with disciplined risk management, offer a compelling risk-reward profile for those aligned with the privacy narrative.