Zcash Price Prediction – Price could drop below $100 soon!

The Zcash course performed rather poorly in the last bull run, as did many other privacy coins that boomed in the penultimate bull run. We could see strong percentage gains from the coins, but they didn't come to the level of 3 years ago. But how could the Zcash course continue in the future? Will we drop below $100 in the next few weeks/months? We'll enlighten you!

The Zcash course was able to get support at around $100 in the last week. There is a horizontal support as well as a psychological level. As long as we hold this level, we are not overly bearish and are more on the bullish side. If the price breaks the support, the Zcash price could drop another 50% and drop to $50. There lies the next major support. In a worst-case scenario, the price could drop to $27. That's where the bottom was in the last bear market, so price could find renewed support there.

The Zcash price has formed a trend line over the past few years, which was confirmed as a resistance trend line about 2 months ago. However, this trendline still needs some time before it hits $100. A breakout could occur once the resistance line reaches $100. Until then, however, we expect a rise to confirm the trendline as resistance several times. Next year at the latest, we assume this year, the course could break the $100 due to the trend line. Once that happens we expect prices to be around $50.

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