Zcash price rallies to 4-year high above $150: what’s the outlook for ZEC?

  • Zcash traded above $145 on Thursday, October 2, 2025, with the privacy coin seeing a 57% uptick in the past 24 hours.
  • Data shows bulls retested intraday highs above $152.
  • Grayscale Zcash Trust, shielded ZEC sentiment, crypto rally amid US government shutdown are among Zcash price catalysts.

Zcash price has extended its massive breakout over the week by over 146% as bulls broke above $150 for the first time in four years.

With ZEC leading top performers as cryptocurrencies bounced amid US government shutdown sentiment, bulls gained over 57% in 24 hours.

Grayscale’s announcement of the Zcash Trust, offering access to eligible investors via a private placement, continued to drive sentiment, as is the market’s anticipation of regulatory approval of spot exchange-traded funds.

Zcash extends gains above $150, a 4-year high

The privacy coin Zcash last traded above $150 in April 2022, as the bulls’ upward strength in the past week has ZEC trending at four-year highs.

Zcash saw an uptick amid the launch of Zashi, a platform that expands shielded ZEC adoption by making it easy to swap any crypto for Zcash (ZEC).

Users don’t have to rely on centralized exchanges as Zashi’s decentralized swaps, powered by Near Intents, easily allows one to convert assets like Bitcoin, Solana or USDC into ZEC.

Users can then add privacy features to their assets by shielding them, with private storage accessible within the Zashi wallet.

The value of ZEC in the market has increased as the total shielded value on the Zcash network jumps.

But that’s not the only catalyst for Zcash’s price.

ZEC jumped to a high of $124 on Oct. 1 after Grayscale launched the Zcash Trust.

The asset manager noted, “Zcash is similar to Bitcoin in its design. Zcash $ZEC was created from the original Bitcoin code base, but it uses a privacy technology that encrypts transaction information and allows users to shield their assets.”

With sentiment bullish, Grayscale’s move only helped buoy buyers, as the altcoin extended its rally, outpacing the top 100 cryptocurrencies by market cap.

Zcash price forecast

According to CoinMarketCap, ZEC’s current price near $145 is 248% up in the past month and over 817% from the all-time low of $15 reached in July 2024.

The price rally has catapulted the altcoin’s market capitalization to over $2.35 billion.

Meanwhile, trading volume in the past 24 hours stood at over $1.1 billion.

Zcash’s gains are also reflected in other privacy coins, with Monero bouncing off lows of $299 to trade above $336, and Dash jumping to highs of $35.

Zcash price chart by TradingView

The weekly chart shows that ZEC could eye the $160 threshold, a level it failed to clear in April 2022.

If bulls extend gains, despite the chart suggesting overbought conditions, the $200-$245 area will be of fresh interest.

However, with the Relative Strength Index at 86, overbought conditions may see ZEC correct for a retest of support levels.

The $92 and $75 areas will be of interest to bears.

The post Zcash price rallies to 4-year high above $150: what’s the outlook for ZEC? appeared first on CoinJournal.

CAKE eyes 60% rally as PancakeSwap hits $772B trading all-time high

  • PancakeSwap’s trading volume soared to new records in Q3.
  • Market sentiments signal renewed appetite for decentralized exchanges.
  • CAKE flashes recovery signs with a 60% potential breakout.

Digital currencies rallied in the past day as the “Uptober” narrative gained ground.

Bitcoin trades above $118,700, with the global cryptocurrency market cap up 3% on the daily timeframe to $4.07 trillion.

Altcoins look poised for substantial surges in the coming weeks.

This article evaluates CAKE, which eyes breakouts, fueled by key fundamentals.

PancakeSwap, the leading decentralized exchange on BNB Chain, has announced that it processed trades worth $772 billion the previous quarter, the highest ever recorded.

The figure sparked excitement across the cryptocurrency community as it confirms a significant resurgence for decentralized trading.

The trading milestone highlights renewed user activity and liquidity flowing into decentralized finance.

Meanwhile, the announcement came at a vital time, with players bracing for potential October rallies.

Analysts have shifted to the DEX’s native token CAKE, which appears ready for significant breakouts to the $4.20 target.

That would mean approximately 61% of the altcoin’s current market price.

Decentralized platforms gain traction

PancakeSwap’s comeback coincides with shifting tendencies in the trading world.

Decentralized platforms are dominating trends amid dissatisfaction with CEXs and complex yield opportunities.

Besides Pancakeswap’s trading breakthrough, perpetual DEXs like Hyperliquid and Aster confirm these shifts.

CAKE price gains momentum

PancakeSwap’s native token looks to capitalize on this reinvigorated energy.

CAKE is hovering at $2.63, gradually gathering upside strength.

Bulls are targeting the psychological level at $3.

Stability above this mark could support a short-term 60% uptick toward $4.20.

Analyst Rose Signals issued a more bullish forecast.

They highlighted that the alt has traded within a symmetrical pattern for roughly 2 years and retested the 100 Exponential Moving Average several times.

The chart shows a cup-and-handle pattern forming inside the channel, cementing the bullish case.

Rose expects CAKE to extend its breakout to $10.6 and $19.97 in the anticipated fourth-quarter bull run.

The renewed trading activity on PancakeSwap would likely renew demand for CAKE and support the upside journey.

PancakeSwap’s $772 billion milestone underscores massive liquidity and trust in its long-term potential.

For CAKE, the optimism translates to a thriving project and stronger fundamentals.

Such indicators mean magnified utility for the native token.

Also, the Binance ecosystem has remained hot lately.

BNB has already kick-started the upside party by crossing $1,000, and it might be time for other related coins like CAKE to shine.

The “Uptober” narrative adds weight to the bullish tale.

Cryptocurrencies start Q4 rallies with substantial breakouts in October, with BTC eyeing $170,000 after a strong September.

Analyst Michael van de Poppe believes “dips are for buying” as the market has entered an upside mode.

He expects more rallies to all-time highs in the coming weeks.

However, short-term CAKE traders should watch the support zone at $2.50.

Losing this barrier could trigger a dip to $2 and undermine the optimistic outlook.

The post CAKE eyes 60% rally as PancakeSwap hits $772B trading all-time high appeared first on CoinJournal.

Litecoin price surges 12% to $120 amid crypto market rally; check forecast

  • Litecoin price jumped more than 12% to break above $120.
  • Gains came amid a broader crypto market bounce that also saw Bitcoin and Ethereum hit highs of $118,500 and $4,300.
  • ETF speculation, treasury strategy bets and overall macroeconomic conditions suggests LTC price could see a new all-time high in this bullish cycle.

Litecoin (LTC) price has retested the $120 mark amid a broader cryptocurrency market bounce.

As Bitcoin and Ethereum led the significant charge with gains of 5%, LTC saw a more than 12% spike to hit intraday highs of $121.

With sentiment increasingly optimistic amid a landscape likely to offer key tailwinds, Litecoin could be looking at a rally to highs last seen in 2021.

Litecoin price retests key level of $120

Litecoin’s rebound in the past 24 hours and past week aligns with the broader market’s uptick.

On Thursday, as macro factors helped BTC jump above $118,500, LTC saw its own upward flip. BTC price is eyeing the $120,000 mark.

Having broken from lows of $104 on Sept. 30, the altcoin continued higher to extend gains above $110. This saw bulls race to the crucial level of $120, an area likely to offer resistance as bears eye strengthening.

But the double-digit gain of over 12% in 24 hours, accompanied by trading volume spiking to over $1.3 billion, signals bullish strength.

LTC price prediction: How high can Litecoin jump amid ‘Uptober’ sentiment

The cryptocurrency community is buzzing amid calls for “Uptober”, a moniker referencing the cryptocurrency market’s historically bullish October periods.

As LTC targets fresh momentum, bolstered by a broader market cap recovery to $4 trillion, analysts project new multi year highs contingent on key catalysts like ETF approvals and macroeconomic shifts.

Filings for Litecoin spot ETFs from Grayscale, Canary Capital, and CoinShares are awaiting a green light from the SEC. Treasury plays like MEI Pharma are also adding to optimism.

On the technical front, LTC is pointing to a potential symmetrical triangle pattern breakout.

The upper boundary provided notable resistance earlier in the year, and bulls are looking to accumulate near this hurdle.

Successful bounce past this mark highlights a potential explosion to a new all-time high for LTC. Buyers could even set sights on $700-$1.000 in the current bullish cycle. Crypto analyst Captain Faibik shared a similar outlook on X.

This retest at $120 thus serves as a litmus test for whether the current bounce is a fleeting rally or the onset of a sustained uptrend.

If the threshold holds, particularly amid overall market upside, the Litecoin price could eye the first target of $200 in the coming weeks.

The post Litecoin price surges 12% to $120 amid crypto market rally; check forecast appeared first on CoinJournal.