An ideal equal-legs response at Wave ((Y)) sparked a 9000% surge in Zcash. This highly effective transfer confirmed the tip of Wave II and the beginning of a brand new bullish cycle. Now ZEC prepares for its subsequent impulsive advance because the construction continues to unfold.
Zcash (ZECUSD) has not too long ago proven one of many cleanest Elliott Wave reactions in the whole crypto market. The weekly chart highlights a textbook finish to a protracted corrective construction, adopted by a robust bullish cycle. From the Wave II low, ZEC has already delivered an enormous 9000% rally. This explosive transfer started at a value degree that matched the equal legs extension of the earlier corrective sequence. It’s a good instance of how Fibonacci symmetry can mark main turning factors with excessive accuracy.
The decline into the 2025 low accomplished the big construction labeled as ((W))–((X))–((Y)). Wave ((Y)) ended precisely on the 1.0 equal legs extension of Wave ((W)). This space is a traditional spot the place complicated corrections usually end. As a result of the symmetry was so exact, it signaled that the multi-year Wave II pullback had seemingly ended. Quickly after, the market confirmed this concept. Zcash surged nearly vertically, delivering a 9000% advance. This response exhibits why equal-leg measurements stay one of the crucial dependable instruments in Elliott Wave evaluation.
From the Wave II low, a brand new bullish cycle started. The worth fashioned a transparent impulsive sequence to the upside. We will now see Waves (1), (2), and (3) full, with Wave (3) displaying sturdy momentum. After that, the market began to drag again in blue wave (4). This pullback is regular in an impulse and will keep corrective. When it finishes, ZEC is predicted to interrupt larger as soon as once more to finish the fifth wave of black Wave ((1)). This subsequent rally will seemingly mark the tip of the primary main leg of the brand new cycle.
Conclusion:
As soon as black Wave ((1)) ends, Zcash ought to enter one other correction. This new pullback might kind 3, 7, or 11 swings. It should maintain above the Wave II low to maintain the bullish construction intact. For long-term merchants, this upcoming correction might provide a serious shopping for likelihood. It might put together the marketplace for what might turn out to be probably the most hated but strongest bull rally in Zcash’s historical past.