Zcash (ZEC) Price: Bounces Back to $1,200 Before Big NU7 Upgrade
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TLDR ZEC rose about 2.6% to $1,184 on October 25 but is down 25.27% over the past month. CoinGlass data showed $14.02 million in ZEC liquidations over 24 hours, mostly longs. Resistance sits near $1,214, with support around $1,175 and $1,100. The NU7 upgrade is set for around November 5 and cuts block times from 75 to 25 seconds. Analyst BitGuru sees resistance at $1,220–$1,270 and downside targets of $1,140, $1,090 and $1,040. Zcash (ZEC) rose about 2.6% to $1,184 on October 25. The token is still down 25.27% over the past month, according to crypto.news market data. ZEC traded between $1,120.66 and $1,223.01 in the last 24 hours. Trading volume was near $575 million, and the token gained 5.44% over seven days. The rebound followed several volatile sessions.
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