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 $55.56, its circulating supply is 5 949 906 ZEC. Our algorithm predicts that based on historical data Zcash price will be at $66.49 in 1 week and $75.95 in 1 month. Our deep learning algorithm predicts the ZEC price will be at $193.08 in 6 months. Analysis of the cryptocurrency market shows that Zcash price may reach $466.94 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 $421.10 in 2019, $466.94 in 2020, $492.96 in 2021, $565.57 in 2022 and $629.03 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 $193.08 and lowest possible predicted price is $145.70.
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 $55.56.
What is the current market capitalization of Zcash (ZEC)?
The current market capitalization of Zcash is $330 598 016.
What will be the price of Zcash (ZEC) Tomorrow?
Our algorithm forecasts that the price of Zcash will reach $56.89 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 $421.10.
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 $629.03 by 2023.
Is Zcash (ZEC) flashing a "Buy" signal now?
Yes, our algorithm predicts it's the right time to buy Zcash now.
Last Friday, the developers of the ZCash-oriented crypto-currencies aimed at increased privacy presented the first compatible version of the software for Nod with the future upgrade of Sapling. Sapling involves holding a hard-core without creating new coins, which is expected to take place on October 28. The new solution is based on blind signatures and evidence with zero disclosure, which will allow users to hide the sender / receiver balances and transactions. The developers intend to test the solution in a test network ZCash, and then invite the community to implement softfilks for implementation in the main protocol.
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