Zcash price targets $1,500 after bullish pennant breakout

Zcash price traded near $1,197 on Sept. 7 after gaining roughly 43% over the week, as its breakout above $1,000, ETF demand, and short liquidations fueled the rally. Summary Zcash price gained about 43% from its Sept. 1 opening price of $829.69. The daily Supertrend remains bullish, with its trailing support near $934. 4-hour Bollinger Bands place immediate resistance around $1,273 and support near $1,098. Liquidation clusters near $1,240 and $1,260 could shape ZEC’s next move. Zcash price holds above $1,190 after 43% rally According to data from crypto.news, Zcash (ZEC) price traded near $1,197 on Sept. 7 after one of its strongest weekly advances in recent history. The privacy coin rose by about 43% from its Sept. 1 opening price of $829.69, outperforming several major crypto assets during the period. The rally accelerated after buyers cleared resistance near $888 and pushed ZEC through the psychological $1,000 level on Sept. 4. Price later reached an intraday high of approximately $1,230 before easing as traders took profits. The daily chart shows ZEC opening Sept. 7 at $1,227.59 before retreating by about 2.5% to $1,197.14. Despite the pullback, the token remains well above its...