Zcash (ZEC/USD) Market Update: Spring Recovery Stalls at Critical $40 Resistance

After a period of consolidation around the $30 level, Zcash (ZEC/USD) staged a decisive rally, with the price climbing toward the key $40 resistance zone.

Today’s trading session saw a strong surge fueled by a wave of bullish sentiment and increased market liquidity. However, despite the aggressive upward move, the bulls struggled to break through the $40 barrier, facing swift rejection at that level. Signs of bullish exhaustion may have contributed to the failure to sustain momentum above this critical threshold.