We have talked extensively about the bullish outlook for Zcash (ZECUSD) over the past year, repeatedly highlighting the potential for a move back toward the 2018 highs and the $1,000 area. CHECK THE ARTICLE FROM 2025 HERE
As anticipated, Zcash has now broken above its 2018 highs and pushed into the $1,000 region. The key question now is: how much upside remains? From an Elliott Wave perspective, ZECUSD is extending higher within a projected wave 5 of (3) on the weekly chart. As long as the bullish structure remains intact, there could be further upside toward the $1,600–$2,500 target area before the next higher-degree wave (4) correction takes place.
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