After an impressive parabolic rally, ZCash (ZEC) has undergone a strong price correction in the past 24 hours, marked by a price loss of 14.54%. As the dark house tries to find price stability, noted market analyst Ali Martinez has postulated a potential market peak and the following implications.
$325 or $125 – How Low Can ZCash Go?
By no stretch of the imagination, ZCash has been one of the best performers of the current crypto market cycle, with a price gain of 1136.45% over the past year. Remarkably, the altcoin and surprise show-stealer has risen from under $40 in April 2025 to a peak value of $750 in November. This price increase has been strongly driven by increased interest in privacy coins, amid concerns about financial supervision.
However, after rising above $700, ZCash has witnessed strong selling activity, leading to a price crash of over 10% and a price of just $500. In one recent video analysisMartinez outlined the reason behind this decline while predicting potential support levels in the event of a continued downtrend.
According to Martinez, ZCash’s stay above $700 caused the token to encounter major resistance around $750, strongly opposing the price movement at last contact in 2018. Based on the historical trend, ZCash bulls would need to significantly intensify buying pressure to cross this barrier. However, if the USD 750 resistance zone remains strong, Martinez advises investors to expect a continued price correction towards around USD 325, indicating a potential decline of 43% from the current price level.
In the presence of crushing selling pressure, the analyst also notes a potential for a continued decline to around $125, which is currently the midpoint of the parallel price range between $23.5 and $750. Nevertheless, ZCash could still maintain its current bullish structure and rise to higher levels taking into account other factors including the continued expectation of an altseason as several analysts continue to support the viability of the current crypto bull run. Moreover, ZCash presents an all-time high of $5,941, indicating that there is plenty of room for price improvement.
Related reading: Bitcoin Could Launch a Recovery to $120,000 If This Condition Happens – Details
ZCash will become the second largest holding company of Hayes’ Family Office
In other news, the BitMEX co-founder and major crypto figure has revealed that his family office, Maelstrom, currently owns ZCash as the second largest investment after Bitcoin. Hayes explained that this change in status is the result of the rapid price growth of the past year. However, such a development only reinforces the great enthusiasm surrounding the privacy story and reinforces ZCash’s bullish potential.
At the time of writing, ZCash is trading at $572, marking a gain of 165.7% in the past month.