Top Zcash Price Predictions as ZEC Surges 14% Daily

"Are we about to see another massive leg up," one analyst wondered. The popular privacy token has once again emerged as a top performer after its price spiked by double digits in the past 24 hours and exceeded $1,300. Bullish sentiment continues to dominate among analysts, many of whom expect the price to climb further and potentially set a new all-time high in the near future. The Next Targets The main driver behind ZEC’s most recent rally appears to be the upcoming NU7 upgrade. Set to go live at block 3,543,405 on November 5, the update will supposedly cut the target block time from 75 seconds to 25 seconds without affecting the token’s daily issuance rate. According to several market observers, ZEC has more room to grow. X user Alaoui Capital claimed the asset has consolidated the same way it did before its massive pump earlier this year. “Last time, Zcash consolidated at $450 before breaking out and pumping all the way to $1,600. Now it’s forming a similar structure at $1,200. Are we about to see another massive leg up,” they wondered. Sweep and WIZZ also chipped in. The former recently claimed that once ZEC breaks above $1,350, it will then “very quickly” jump to $2,000. Sever...