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Isn’t it familiar for you to hear about the Bitcoin’s privacy problems? Multiple cryptocurrency critics attacked the whole industry based on these security issues. In spite of the criticism, the cryptocurrency community already provided various solutions specifically for the privacy demanding use-cases. Zcash (ZEC) is an anonymity-first cryptocurrency, and it is it’s a most significant advantage.
Zcash was designed to offer exceptional privacy for cryptocurrency users. Founded by Zooko Wilcox, the coin was fast to become one of the favorites of the cryptography community. Even Edward Snowden himself complimented the coin’s architecture. He specifically praised the professional and scientific approach taken during the coin’s development.
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Zcash Overview
Our real-time ZEC to USD price update shows the current Zcash price as $32.97 USD.
According to our Zcash price prediction, ZEC price is expected to have a -1.3% decrease and drop as low as by May 18, 2023.
Our analysis of the technical indicators suggests that the current market feeling is Bearish Bearish 70%, with a Fear & Greed Index score of 54 (Neutral).
Over the last 30 days, Zcash has had 12/30 (40%) green days and 7.52% price volatility.
Zcash (ZEC) Technical Overview
When discussing future trading opportunities of digital assets, it is essential to pay attention to market sentiments.
Zcash (ZEC) Price Prediction For Today, Tomorrow and Next 30 Days
Zcash Prediction Table
Zcash Historical
According to the latest data gathered, the current price of Zcash is $$33.45, and ZEC is presently ranked No. 76 in the entire crypto ecosystem. The circulation supply of Zcash is $546,135,600.31, with a market cap of 16,328,269 ZEC.
In the past 24 hours, the crypto has increased by $0.34 in its current value.
For the last 7 days, ZEC has been in a good upward trend, thus increasing by 1.68%. Zcash has shown very strong potential lately, and this could be a good opportunity to dig right in and invest.
During the last month, the price of ZEC has increased by 21.77%, adding a colossal average amount of $7.28 to its current value. This sudden growth means that the coin can become a solid asset now if it continues to grow.
Zcash Price Prediction 2023
According to the technical analysis of Zcash prices expected in 2023, the minimum cost of Zcash will be $25.36. The maximum level that the ZEC price can reach is $36.20. The average trading price is expected around $47.04.
ZEC Price Forecast for May 2023
Based on the price fluctuations of Zcash at the beginning of 2023, crypto experts expect the average ZEC rate of $30.41 in May 2023. Its minimum and maximum prices can be expected at $28.20 and at $32.63, respectively.
June 2023: Zcash Price Forecast
Cryptocurrency experts are ready to announce their forecast for the ZEC price in June 2023. The minimum trading cost might be $25.36, while the maximum might reach $36.86 during this month. On average, it is expected that the value of Zcash might be around $31.11.
ZEC Price Forecast for July 2023
Crypto analysts have checked the price fluctuations of Zcash in 2023 and in previous years, so the average ZEC rate they predict might be around $40.54 in July 2023. It can drop to $34.03 as a minimum. The maximum value might be $47.04.
August 2023: Zcash Price Forecast
In the middle of the year 2023, the ZEC price will be traded at $38.53 on average. August 2023 might also witness an increase in the Zcash value to $42.04. It is assumed that the price will not drop lower than $35.03 in August 2023.
ZEC Price Forecast for September 2023
Crypto experts have analyzed Zcash prices in 2023, so they are ready to provide their estimated trading average for September 2023 — $37.53. The lowest and peak ZEC rates might be $33.03 and $42.04.
October 2023: Zcash Price Forecast
Crypto analysts expect that at the end of summer 2023, the ZEC price will be around $40.04. In October 2023, the Zcash cost may drop to a minimum of $35.03. The expected peak value might be $45.04 in October 2023.
ZEC Price Forecast for November 2023
Having analyzed Zcash prices, cryptocurrency experts expect that the ZEC rate might reach a maximum of $42.04 in November 2023. It might, however, drop to $35.03. For November 2023, the forecasted average of Zcash is nearly $38.53.
December 2023: Zcash Price Forecast
In the middle of autumn 2023, the Zcash cost will be traded at the average level of $43.04. Crypto analysts expect that in December 2023, the ZEC price might fluctuate between $39.04 and $47.04.
Zcash Price Prediction 2024
After the analysis of the prices of Zcash in previous years, it is assumed that in 2024, the minimum price of Zcash will be around $60.03. The maximum expected ZEC price may be around $70.50. On average, the trading price might be $61.69 in 2024.
Zcash Price Prediction 2025
Based on the technical analysis by cryptocurrency experts regarding the prices of Zcash, in 2025, ZEC is expected to have the following minimum and maximum prices: about $86.31 and $103.84, respectively. The average expected trading cost is $88.78.
Zcash Price Prediction 2026
The experts in the field of cryptocurrency have analyzed the prices of Zcash and their fluctuations during the previous years. It is assumed that in 2026, the minimum ZEC price might drop to $116.07, while its maximum can reach $147.22. On average, the trading cost will be around $120.51.
Zcash Price Prediction 2027
Based on the analysis of the costs of Zcash by crypto experts, the following maximum and minimum ZEC prices are expected in 2027: $203.93 and $169.06. On average, it will be traded at $175.08.
Zcash Price Prediction 2028
Crypto experts are constantly analyzing the fluctuations of Zcash. Based on their predictions, the estimated average ZEC price will be around $247.07. It might drop to a minimum of $240.07, but it still might reach $294.76 throughout 2028.
Zcash Price Prediction 2029
Every year, cryptocurrency experts prepare forecasts for the price of Zcash. It is estimated that ZEC will be traded between $345.63 and $408.49 in 2029. Its average cost is expected at around $355.50 during the year.
Zcash Price Prediction 2030
Cryptocurrency analysts are ready to announce their estimations of the Zcash’s price. The year 2030 will be determined by the maximum ZEC price of $596.76. However, its rate might drop to around $493.73. So, the expected average trading price is $511.51.
Zcash Price Prediction 2031
After years of analysis of the Zcash price, crypto experts are ready to provide their ZEC cost estimation for 2031. It will be traded for at least $708.48, with the possible maximum peaks at $849.54. Therefore, on average, you can expect the ZEC price to be around $728.94 in 2031.
Zcash Price Prediction 2032
Cryptocurrency analysts are ready to announce their estimations of the Zcash’s price. The year 2032 will be determined by the maximum ZEC price of $1,217.41. However, its rate might drop to around $1,071.85. So, the expected average trading price is $1,101.01.
Well, there is not actually any technical analysis expertise of Zcash cryptocurrency. However, here is the aggregate rating for ZEC from several traders & analysts on TradingView.
Disclaimer: This article should not be considered as offering trading recommendations. The cryptocurrency market suffers from high volatility and occasional arbitrary movements. While price analysis is a useful tool, it should not be considered predictive for the future performance of any investment vehicle.
Any investor should research multiple viewpoints and be familiar with all local regulations before committing to an investment. Website personnel and the author of this article may have holdings in the above-mentioned cryptocurrencies.
Source: https://changelly.com/blog/zcash-zec-price-prediction/
