Zcash price outlook for January 2026 as Arthur Hayes targets $1,000 after $500 breakout

Zcash is trading around $537.45 after breaking above the $500 resistance, with the price up 3.01% in 24 hours and 28.5% over the week. Whale accumulation, increased use of shielded addresses and exchange outflows have tightened ZEC's tradable supply, while derivatives data point to active bullish positioning. Analysts see scope for a move toward $622 if the $554.18 swing high is cleared, though a pullback toward $476 remains possible amid liquidation risks. Former BitMEX CEO Arthur Hayes projects ZEC could eventually reach $1,000, citing demand for privacy assets and institutional interest.