Zcash ( ZEC ) soared by 50% in seven days
2026-09-10 11:46:46
According to CoinMeta, a 10xResearch report states that Zcash ( ZEC ) has risen by 50% over the past seven days, soaring from $814 to $1225 and breaking through its 50-day moving average. Although the total volume of crypto transactions is still below $100 billion, their tactical altcoin model has shifted towards favoring altcoins over Bitcoin, a signal that has rarely occurred in the past two years. This shift is due to a slight decline in Bitcoin's dominance, indicating that the broader altcoin market is surpassing Bitcoin. While the altcoin market is still concentrated among a few winners, there are interesting trading opportunities among these names. There have been several notable winners over the past week, and now is a time when opportunities are emerging rapidly. This week's chart book highlights several technical setups and catalysts worth paying attention to. While some altcoins seem ready to take profits, others continue to rise.
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Source:X
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