Zcash (ZEC) Price Prediction: Rounded Bottom Breakout Setup Signals Potential Move Towards $400+
ZEC is testing a key breakout zone after forming a rounded bottom, with price holding above strong support as traders watch for a potential move towards $400+. ZEC price is starting to quietly shift structure, and the latest price action suggests something bigger may be building beneath the surface. According to Brave New Coin data, ZEC is currently trading near $324.21, down around 2.83% over the past 24 hours, as short-term weakness sets in following a recent push higher. ZEC Price Structure Builds a Rounded Bottom From a higher timeframe perspective, the structure is becoming clearer. A rounded bottom formation is now well-developed, showing a transition from distribution into accumulation and potentially into expansion. As highlighted in recent charts shared by Daniel Ramsey, price has curved cleanly into resistance around the $340–$360 zone, which now acts as the key breakout level. This region has rejected price multiple times, making it a high-probability decision zone. A confirmed breakout above it would shift the entire structure into a continuation phase. ZEC price forms a rounded bottom below $340–$360 resistance while holding firm above the $280–$300 base. Source: Daniel Ramsey via X On the downside, the $280–$300 region continues to act as a strong base. The fact that