- ZEC price rose over 10% in 24 hours, hitting a high of $347.78.
- Robinhood listed Zcash crypto for US retail traders, including New York.
- 24-hour trading volume surged ~50% to $553M, confirming buying depth.
- RSI sits at 62.96 with Supertrend support holding firm at $309.05.
Zcash price gained over 10% in 24 hours, with ZEC touching a session high of $347.78 before settling near $344.54, the direct result of Robinhood announcing ZEC availability across its platform, notably including New York State. Volume followed the price, rising roughly 50% to $553 million. The Zcash coin has now returned over 917% in one year, but today’s catalyst is driving traders to reposition.
Robinhood Listing Opens Zcash Coin to Millions of Retail Accounts
The Robinhood listing is the dominant driver. Access to New York, historically one of the most restricted jurisdictions for crypto listings due to the BitLicense framework, signals that Zcash has cleared a meaningful regulatory bar.
That matters to traders beyond the immediate price reaction, as it shifts the structural demand picture for ZEC by routing retail order flow through one of the largest US brokerage platforms.
The move landed ZEC as the top gainer among CoinMarketCap’s top 100 today, with a 24-hour gain of 10.11% and volume of $558.95 million at the time of writing.
On-chain, the network’s privacy fundamentals are strengthening alongside the listing: shielded pool volume has grown 304% year-over-year, and approximately 31% of Zcash’s total supply is now held in shielded addresses, a figure that matters to institutional and privacy-conscious buyers who see that as a measure of genuine protocol utilization.
For context, one year ago, ZEC was trading near $34, and daily volume has scaled roughly 100x since then. The Robinhood listing does not explain that entire arc, but it is the clearest near-term inflection point for where demand goes next.
Zcash Price Prediction: RSI Builds as $380 Comes Into View
On the 4-hour chart, the Zcash price structure has turned decisively bullish. The Supertrend indicator (10, 3) flipped green and is currently holding at $309.05, well below the current price, which means the trend signal has room to remain valid even through minor pullbacks. That level also roughly aligns with the April 19–20 lows, when buyers stepped in to reverse a sharp multi-day decline.
The relative strength index (RSI) is at 62.96, above its 52.83 moving average. That gap, with RSI comfortably above its MA, signals that momentum is in the buyers’ favor without yet reaching overextended territory. The 70 threshold remains the one to watch.
Prior RSI peaks above 80 in early April correlated with ZEC price stalling near $380 before selling pressure returned. If momentum continues building and RSI breaks above 70 on elevated volume, the $380 area becomes the logical next test.
For the Zcash price prediction near-term, the setup favors continuation as long as the price holds above $320–$325, which served as consolidation support earlier this week. A volume fade back toward pre-listing levels while price sits near $345 would be the first warning sign.
But with 24-hour volume still above half a billion dollars and a structural catalyst behind the move, the path of least resistance for ZEC coin remains upward through the current session.
READ MORE: Cardano Price at Risk as Top NFT Marketplace Shuts Down
