Technical analysis by Tealstreet about Symbol ZEC: Buy recommendation (12/9/2025)

Zcash has dropped nearly 54% from the November 15 analysis, when it was trading around $640. We anticipated the breakdown as it broke its parabolic curve, but despite the pullback, ZEC continues to show relative strength compared to the broader market. A new proposal to replace its old static fee model with a dynamic system is driving renewed interest. This upgrade arrives alongside increased regulatory attention on privacy. Developers are rolling out a congestion-fee mechanism, and Grayscale is working to transition its ZEC Trust into an ETF — a shift that could attract more institutional flows. With institutions revisiting privacy tech, the key question is whether ZEC can maintain its edge under growing scrutiny. Technically, whenever ZEC rallies, BTC tends to dip — almost a perfect inverse correlation at times, and price is now hovering around $430. A push toward $460–$470 looks likely, and if it can defend the $380 zone, a retest of $520–$550 is still on the table. If $380 fails, downside opens toward $350–$330.