Zcash Price Holds Weekly Gains: Can Bulls Break Into the $400 Zone?

• Zcash price held its broader weekly strength despite a 24-hour pullback.
• The key breakout barrier stands at $397.73.
• MACD remains positive with RSI at 76.89

After a price rally that sent Zcash above $384 yesterday, things turned as ZEC struggled to maintain that level. During today’s Asian trading session, Zcash opened at $383 before trading lower to a low of $366. This volatility has sparked discussion about the future of Zcash’s price, as it trades with over 56% weekly gains.

Zcash Price Keeps Weekly Gains, as Spot Net Flow Favors Inflows

According to CoinMarketCap data at the time of press, Zcash’s price traded at $371.26 after posting a 0.5% decline over the last 24 hours. The Zcash price moved within a higher weekly range, showing that bulls dominated the broader trend this week. The session began near the $370 area and quickly advanced into the mid-$370 range. That early move extended further as ZEC climbed above $380 during the stronger phase. Price later touched the upper-$380 zone, mar...