Horizen ZEN Price Prediction & Forecast 2023 2030

By: Flaka Ismaili    December 20, 2023

The privacy coin did manage to gain momentum again in 2018, when it reached a high of $880 on 1 July. But zcash rapidly corrected downward and stayed below $100 for the next two years. It eventually stooped to its all-time low of $18.94 on 13 March 2020.

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  • When using the forecast data, the investor assumes all financial risks.
  • When exchanging ZEC, users do not disclose their personal data.
  • Moving averages are a lagging indicator which means they are based on previous price action.

In 2025, Zcash could reach a maximum price of $78.34 and a minimum value of $66.67. WalletInvestor analysts do not provide an accurate Zcash price prediction for 2026. DigitalCoin experts, on the contrary, predict the growth of ZEC.

Zcash (ZEC) overall future value predictions

ZEC addresses are of two types – the T-addresses and the Z-addresses. The T-addresses are transparent, while the Z-addresses are private. Beyond the privacy of Zcash, another significant feature is its fast transactions that attract very low fees. ZEC coin was introduced as a digital currency with its first mining in October 2016. It was led by Matthew Green – the John Hopkins professor – and some graduate students.

  • Horizen Price Prediction 2030,After analyzing ZEN’s price data from the past 7 years, we predict that its price could potentially reach 72.45 USD by 2030.
  • Every year, swindlers and criminals find hundreds of loopholes in ATM algorithms and online banking, among other platforms.
  • Zcash’s short-term 50-Day SMA is estimated to hit $ 32.71 by Jan 28, 2024.
  • Horizen’s long term Price Prediction below is a look at ZEN’s future prospect with regards to price.
  • The market’s volatility means it is important to stay up-to-date if you’re planning to invest.

The minimum price of Zcash might be around $80, while the maximum price might reach $86 by the end of this year as per our ZEC price prediction 2023. On average, it is expected that the value of Zcash might be around $82. Despite shrouding identities, most cryptos still allow public addresses and transactions to be tracked. This isn’t the case with Zcash, a decentralized crypto that comes with an optimal layer of anonymity. When you use Zcash, you can choose not to reveal the amount transacted or even the public address. But will this additional layer of anonymity work in favor of ZEC — Zcash’s native coin?

A Historical look at Horizen, ZEN’s price

The ZeroCash protocol is the result of the work of several dozens of mathematicians, cryptographers and computer science specialists. The methods used to create the project are no worse than those used in serious scientific works. Appealing to authority is not an argument, https://cryptolisting.org/blog/should-you-buy-a-stock-before-or-after-it-splits but the creators of Zcash guarantee the stable and safe operation of the system with their own reputation in scientific circles. When Zcash was created, its developers were pursuing a scientific interest and aspiring to benefit humanity instead of seeking profit.

Zcash (ZEC) Price Prediction 2023, 2024, 2025–2030

However, later, the rate fell due to the ban on cryptocurrencies in China. A new uptrend began after the management of Zcash announced plans for the development of the token, including the transition to proof-of-stake. To simplify the latest ZEN price prediction, we have divided up the prediction by short term Horizen price prediction and long term Horizen price prediction. As of writing this article, ZEN had a trading volume of 41,747,670. With a price of $143 and 11.8 million coins in circulation, Zcash has a market cap of $1.7 billion and ranks 55th on the crypto market.

What’s the main use case of Zcash?

The asset is trading above the 200MA and above the newly formed 12-day and 26-day Exponential Moving Averages bullish cross. Today’s Zcash price prediction shows that ZEC aims to retest resistance at $66/$75/$100, with support in the $56–62 zone. If you are considering investing in cryptocurrency tokens, we recommend that you always do your own research. Look at the latest market trends, news, technical and fundamental analysis, and expert opinion before making any investment decision.

ZenCash/USD Dollar (ZEN/USD) Forecast 2025 Monthly

We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions. An increase in demand also increases the confidence that many investors will get from such adoption. Those who are not already invested too will want to get involved to avoid missing out. Zcash’s first halving also experienced something similar as the price increased from $61.50 to $76.39 between November 9 and 23.

Any action taken by the reader based on this information is strictly at their own risk. Please note that our Terms and Conditions, Privacy Policy, and Disclaimers have been updated. Also, the prediction will require a recalibration if the previous low of M1 at $33.5 is breached and ZEC makes a new low. The corresponding price action shows Zcash responds positively to social chatter.

Zcash is now looking to harness momentum as it plans to switch to a proof-of-stake (PoS) consensus mechanism in the coming years. The cryptocurrency has recently published new research to continue developing this goal. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page.