Zcash Climbs 69% in a Month to $575–$590 Resistance Zone After Two Rejections

Zcash (ZEC) traded around $574 on May 8, 2026 after rising 69% over the past month and returning to the $575–$590 area that previously capped price action in November and again on a December retest. The move comes with price holding above the MA 50 ($324.61), MA 100 ($286.74), and MA 200 ($364.64), while RSI stands at 85.95 versus a 69.65 signal level as the market gauges whether the zone can flip from resistance into support.