ZEC Up 21.6% on Strong 24-Hour Rally Amid Broader Gains

On OCT 26 2025, ZEC surged by 21.6% within 24 hours to reach $329.36. The digital asset has continued its strong momentum, rising 27.7% over the past week, 351.76% over the past month, and 496.68% over the past year. The sharp rise has sparked renewed interest in the asset class, with traders and analysts closely monitoring the trajectory for signs of sustained strength.

The rally reflects a broader shift in investor sentiment, particularly as macroeconomic uncertainties ease and global markets stabilize. ZEC’s performance appears to be influenced by a combination of speculative positioning and a reassessment of its role in the cryptocurrency ecosystem. Notably, the 24-hour gain stands out as a significant inflection point, particularly when viewed against the backdrop of ZEC’s longer-term performance.

Technical indicators suggest a continuation of the upward trend in the near term. Moving averages for both short and long-term horizons are aligned with the current price direction, while the RSI (Relative Strength Index) remains within a healthy range, indicating strong buying pressure but not yet reaching overbought territory. These signals suggest that the current momentum is supported by both price action and broader market dynamics.

Backtest Hypothesis

To further evaluate the potential of a market-driven strategy aligned with ZEC's recent performance, an event-based backtest can be constructed using the following parameters:
1. Ticker(s): ZEC
2. Event definition: Any trading day when ZEC’s close-to-close daily return is ≥ +15%.
3. Price type to monitor: Close
4. Holding-period settings: A 30-day holding period following the event day, with no stop-loss or take-profit rules applied.

By identifying each instance where ZEC has recorded a daily return of at least 15%, the backtest will analyze the performance of a simulated position held for 30 days from that event date. This approach can help determine whether the 15% threshold is a meaningful technical trigger for further gains. The performance will be evaluated over the period from January 1, 2022, to October 26, 2025, to assess historical consistency.

The results of this backtest could provide valuable insights into the behavior of ZEC in response to sharp price movements, helping to validate or challenge the hypothesis that such events can reliably precede further gains.