Analysis explains why Zcash might not be affected by the Quantum threat | Credit: Veronica Cestari
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Key Takeaways
Zcash emerged as a primary beneficiary of Google Research’s latest whitepaper as the price climbed.
After months of bearish dominance, the weighted sentiment has flipped to 1.16, a positive reading.
Data shows that ZEC’s price will likely breach the upper-level resistance with a mid-term target of $470.
Zcash (ZEC) price briefly surged past $250 today and has shown signs of trading higher.
This development comes after Google Research published a whitepaper confirming that quantum computers can break the elliptic curve cryptography protecting Bitcoin and Ethereum.
But how does this affect ZEC, and what could be next for Zcash’s price? Let’s find out.
ZEC to Gain from Quantum Threats
As CCN reported earlier, Google researchers showed that future quantum computers may break elliptic curve cryptography used to protect cryptocurrencies with fewer qubits than previously thought.
Specifically, circuits implementing Shor’s algorithm for ECDLP-256 can be executed on a superconducting qubit quantum computer with fewer than 500,000 physical qubits in a few minutes.
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Interestingly, Zcash’s zk-SNARK architecture does not rely on ECDSA for its core privacy and security model, unlike Bitcoin and Ethereum.
Its zero-knowledge proof system provides cryptographic privacy through mathematical constructions structurally distinct from the elliptic curve discrete logarithm problem, which Google has just confirmed is on a defined path to quantum vulnerability.
Furthermore, the MACD has surged, with the MACD line at 7.21 well above the signal line at 5.23.
The $211.80 support level is now the critical floor to defend on any pullback. Losing it would invalidate the recovery entirely.
However, with money flow positive, MACD expanding, and the channel broken, $300 is the immediate test, and bulls are well positioned to challenge it.
Sentiment Around the Altcoin Improves
In the meantime, ZEC’s sentiment shift is arriving at exactly the right moment.
According to data from Santiment, the weighted sentiment has finally flipped positive to 1.16, coinciding with the channel breakout identified on the price chart.
For most of the last few months, sentiment was stubbornly negative. Even the dramatic March 17 spike to 2.42 proved meaningless as Zcash’s price collapsed.
What’s different now is the context. This time, sentiment is rising alongside a confirmed breakout, positive CMF, and surging MACD.
Crucially, at 1.16, sentiment is positive without being euphoric. Both prior major spikes exceeded 2.4 before collapsing.
Therefore, the current reading suggests growing confidence rather than peak excitement, meaning there’s still room for Zcash’s price to climb.
ZEC Price Prediction: Higher Highs
Examining the daily chart, CCN found that the macro picture for Zcash has improved significantly.
After peaking near $745 in late 2024, Zcash’s price endured a prolonged decline through the last quarter of 2025 and into 2026.
However, it bottomed near the 0.236 Fibonacci level at $195. That level held as critical support, and from it, a descending channel formed throughout early 2026.
That channel has now broken to the upside. The Parabolic SAR at $204.42 sits comfortably below the price, confirming the daily trend has flipped bullish.
Besides that, the MFI at 52.57 has crossed above the neutral 50 line. This indicates that capital flow has turned positive for the first time since the December peak.
The chart clearly shows the breakout target, pointing directly to the 0.618 level at $470, with the 0.382 level at $300 as the immediate first checkpoint.
Disclaimer:
The information provided in this article is for informational purposes only. It is not intended to be, nor should it be construed as, financial advice. We do not make any warranties regarding the completeness, reliability, or accuracy of this information. All investments involve risk, and past performance does not guarantee future results. We recommend consulting a financial advisor before making any investment decisions.
Victor Olanrewaju is a crypto analyst and reporter at CCN with deep roots in on-chain research and technical analysis. His crypto journey began in 2017, but it was the 2020 Uniswap airdrop that sparked a full-time pivot into the space.
With a foundation in copywriting, Victor honed his craft creating high-converting content for leading crypto brokers — most notably an XRP price prediction that ranked #1 on Google during the 2021 bull run.
He later joined AMBCrypto in 2022, where he combined storytelling with technical and on-chain analysis to cover key market narratives.
In 2024, he expanded his expertise at BeInCrypto, collaborating with analysts and using tools like Glassnode, Santiment, and IntoTheBlock to break down Bitcoin and altcoin trends.
At CCN, Victor covers the top cryptocurrencies, memecoins, macro shifts, blending real-time insights with deep-dive metrics.
He holds a Bachelor’s degree in Physics from the University of Ibadan, equipping him to simplify complex data for a wide audience. Follow his work or connect on LinkedIn or X.
