Why is Zcash’s ZEC the only crypto pumping right now? — TradingView News

Key Takeaways:

  • ZEC’s 500% October rally is fueled by celebrity endorsements and short liquidations.

  • A rising wedge pattern now warns of a potential 30% correction toward the $260–$270 support zone in November.

Zcash ZECUSD is spooking cryptocurrency bears this Halloween, as it is one of the few coins seeing significant gains on Friday.

The privacy-focused cryptocurrency rallied 7.75% to $390.75, its highest level since 2018. In comparison, the crypto market’s capitalization fell 2.50% in the same period.

ZEC price is up nearly 500% in October, contrasting with the crypto market’s 4.50% loss.

What’s behind Zcash’s monstrous comeback?

Crypto celebs pump ZEC price

High-profile endorsements have supercharged ZEC’s bullish narrative.

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