It’s true that Zcash was a great disappointment for investors in 2018. ZEC price went down from $580.293 on January 1st 2018 to $60.407 on December 31 2018. However, it is worth monitoring our Zcash price prediction algorithm: Zcash might still have investment potential if not short term in 2019, then long-term. If you look for good return in 3 to 5 years, ZEC might be the coin to watch closely now.
The current Zcash price is $69.23, its circulating supply is 6 375 781 ZEC. Our algorithm predicts that based on historical data Zcash price will be at $78.76 in 1 week and $105.89 in 1 month. Our deep learning algorithm predicts the ZEC price will be at $176.86 in 6 months. Analysis of the cryptocurrency market shows that Zcash price may reach $649.86 by 1st of January 2020 driven by the potential interest from large institutional investors and more regulation expected in the field of digital currencies. The system predicts that ZEC will stay around $586.07 in 2019, $649.86 in 2020, $686.07 in 2021, $787.13 in 2022 and $875.45 in 2023.
While creating the Zcash prognosis our script has revealed strong fluctuations during the last 180 days. The highest possible predicted price in 180 day period is $176.86 and lowest possible predicted price is $133.47.
The current market dynamics creates the impression that investors' interest in cryptocurrency market has faded away, which may not be the case. Cryptocurrencies that truly deliver value will not vanish, they will continue to grow – and Zcash has the potential to stay within "survivors" team. Our Zcash short-term and long-term prediction charts will help you choose the right entry time and create a proper exit plan.
Keep a close look on our Zcash Price Prediction Forecast Tool to get daily, weekly, monthly and yearly Zcash forecast updated daily. You can also check other cryptocurrency price prediction here.
What is the current price of Zcash (ZEC)?
The current price of Zcash is $69.23.
What is the current market capitalization of Zcash (ZEC)?
The current market capitalization of Zcash is $441 367 058.
What will be the price of Zcash (ZEC) Tomorrow?
Our algorithm forecasts that the price of Zcash will reach $70.22 tomorrow.
In 1 year from now what will 1 Zcash be worth?
As per the forecast and algorithmic analysis, the the price of 1 Zcash will be around $586.07.
Is it profitable to invest in Zcash (ZEC)?
The investment period is the number 1 decisive factor here. Based on last year price data the system would put "With Caution" investment status for Zcash (ZEC) as a short term investment. Zcash can get a "Profitable" investment status based on our prediction algorithm with long term investment horizon of 3 to 5 years.
Will Zcash be growing in the Future?
Zcash is potentially one of the most profitable among digital coins.
How high can the Price of Zcash go?
Our algorithm forecasts that the price of Zcash will reach $875.45 by 2023.
Is Zcash (ZEC) flashing a "Buy" signal now?
Yes, our algorithm predicts it's the right time to buy Zcash now.
ZEC and all the other anon currencies are beginning to lose their luster. Everyone is rooting for the big banks and corporations to adopt their currency. Before the trend of crypto and blockchain everyone wanted their coins to be anonymous because banks were the enemy. Now, everyone goes wild when a bank even mentions bitcoin or ripple. It’s really the antithesis of what Satoshi had hoped for when he released the first ever BTC block. He embedded the headline about a bank bailout in the genesis block…. He would roll in his grave if he saw what was going on with his currency now. Everyone needs to take a few steps back and recognize that the banks are gaining the upper hand, and they’re using our greed to fool us once again.
Zcash is about to undergo another big hard fork. It's called Overwinter and this is a big catalyst to net a comfortable profit on a coin that otherwise has been fairly lackluster. I think jumping into coins when they announce that they will either have a hard fork or big meet up is the perfect time to do so. I expect to net atleast 10-20% between now and the upcoming date. It's always buy the rumor sell the news, and this is exactly what you should do too.
There's other privacy coins that I trust moving funds around in more than ZEC. The reason is because ZEC allows public transactions and this will allow blokchain analysis groups to eventually track and trace my movements. zk-SNARKs is the best privacy tech around, but ZEC ruined it, especially ever since they teamed up with coinbase. Coinbase won't even allow users to send or receive OUR money on a z address. We can't even anonymously send our money and so what's even the point of ZEC?
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