The post Rally After Grayscale’s ZEC ETF Bid? appeared on BitcoinEthereumNews.com. Zcash price gains fresh attention after a strong rebound from its demand zone. The broader market still shows mixed behavior, yet ZEC price holds firm near a key reaction level.  Notably, the rebound appears as Grayscale advances its plan to convert its Zcash Trust into a spot ETF. Meanwhile, buyers show growing confidence as the chart forms a cleaner recovery structure. These combined factors create room for a possible shift without giving early conclusions. Zcash Price Set-up Signals Reversal Zcash price builds strength inside a descending wedge, a structure that often forms near major bottoms. Sellers guided the wedge with controlled pressure, yet buyers kept defending each dip with clean reactions. The recent OKX relisting consideration adds fresh fuel, since that news sparked a sharp 10% lift in ZEC price within one day. The Adam and Eve pattern forms across this same region. The Adam part shows a sharp V-shaped recovery, created when buyers force a fast reversal after aggressive selling. The Eve half builds more slowly and shows rounded support, which forms when buyers step in early and prevent deeper pushes. This combination signals growing confidence because buyers commit earlier during each retest. The first major level sits at $607. Sellers usually respond here with quick knockbacks, yet buyers now approach it with steadier pressure. A clean move above this level confirms strong commitment. The second level sits at $705, where sellers previously forced heavy fadeouts. However, buyers now show better structure and stronger follow-through. A decisive break here opens the upper range. The final level sits at $800, which remains the key target, which would translate to 55% rebound. Sellers guard this zone aggressively, but the combined breakout and Adam and Eve structure give buyers a realistic path toward it. A clean push above $800 confirms a positive… The post Rally After Grayscale’s ZEC ETF Bid? appeared on BitcoinEthereumNews.com. Zcash price gains fresh attention after a strong rebound from its demand zone. The broader market still shows mixed behavior, yet ZEC price holds firm near a key reaction level.  Notably, the rebound appears as Grayscale advances its plan to convert its Zcash Trust into a spot ETF. Meanwhile, buyers show growing confidence as the chart forms a cleaner recovery structure. These combined factors create room for a possible shift without giving early conclusions. Zcash Price Set-up Signals Reversal Zcash price builds strength inside a descending wedge, a structure that often forms near major bottoms. Sellers guided the wedge with controlled pressure, yet buyers kept defending each dip with clean reactions. The recent OKX relisting consideration adds fresh fuel, since that news sparked a sharp 10% lift in ZEC price within one day. The Adam and Eve pattern forms across this same region. The Adam part shows a sharp V-shaped recovery, created when buyers force a fast reversal after aggressive selling. The Eve half builds more slowly and shows rounded support, which forms when buyers step in early and prevent deeper pushes. This combination signals growing confidence because buyers commit earlier during each retest. The first major level sits at $607. Sellers usually respond here with quick knockbacks, yet buyers now approach it with steadier pressure. A clean move above this level confirms strong commitment. The second level sits at $705, where sellers previously forced heavy fadeouts. However, buyers now show better structure and stronger follow-through. A decisive break here opens the upper range. The final level sits at $800, which remains the key target, which would translate to 55% rebound. Sellers guard this zone aggressively, but the combined breakout and Adam and Eve structure give buyers a realistic path toward it. A clean push above $800 confirms a positive…

Rally After Grayscale’s ZEC ETF Bid?

Zcash price gains fresh attention after a strong rebound from its demand zone. The broader market still shows mixed behavior, yet ZEC price holds firm near a key reaction level. 

Notably, the rebound appears as Grayscale advances its plan to convert its Zcash Trust into a spot ETF. Meanwhile, buyers show growing confidence as the chart forms a cleaner recovery structure. These combined factors create room for a possible shift without giving early conclusions.

Zcash Price Set-up Signals Reversal

Zcash price builds strength inside a descending wedge, a structure that often forms near major bottoms. Sellers guided the wedge with controlled pressure, yet buyers kept defending each dip with clean reactions. The recent OKX relisting consideration adds fresh fuel, since that news sparked a sharp 10% lift in ZEC price within one day.

The Adam and Eve pattern forms across this same region. The Adam part shows a sharp V-shaped recovery, created when buyers force a fast reversal after aggressive selling. The Eve half builds more slowly and shows rounded support, which forms when buyers step in early and prevent deeper pushes. This combination signals growing confidence because buyers commit earlier during each retest.

The first major level sits at $607. Sellers usually respond here with quick knockbacks, yet buyers now approach it with steadier pressure. A clean move above this level confirms strong commitment.

The second level sits at $705, where sellers previously forced heavy fadeouts. However, buyers now show better structure and stronger follow-through. A decisive break here opens the upper range.

The final level sits at $800, which remains the key target, which would translate to 55% rebound. Sellers guard this zone aggressively, but the combined breakout and Adam and Eve structure give buyers a realistic path toward it. A clean push above $800 confirms a positive Zcash price outlook shift that supports extended upside.

ZEC/USDT 4-Hour Chart

Grayscale ETF Push Strengthens Outlook

Grayscale moves forward with its plan to convert the Zcash Trust into a spot ETF, and this forms a strong catalyst for ZEC price. The firm holds nearly $150M in ZEC and seeks approval to shift these assets into the new structure. 

Notably, its earlier Bitcoin and Ethereum trust conversions created needed regulatory groundwork. Meanwhile, the S-3 format gives a faster track for experienced issuers. The NYSE has already cleared two Grayscale ETF products, which reduces barriers.

Interest strengthens after major groups increase ZEC exposure, which supports demand for regulated access. This catalyst aligns well with the improving long-term chart structure. Zcash price therefore gains strong fundamental backing as buyers anticipate meaningful ETF progress.

Is ZEC Ready Now?

Zcash price holds firm at a crucial level that rewards patient buyers after heavy pressure. The chart shows cleaner structure, stronger reactions, and steady progress above the demand zone. 

Meanwhile, Grayscale’s ETF activity gives the broader setup a clear boost. ZEC price therefore holds a balanced and decisive outlook that supports additional upside when buyers keep control of these key levels.

Source: https://coingape.com/markets/zcash-price-prediction-is-a-rally-ahead-after-grayscales-bold-zec-etf-bid/

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