Will Zcash price go up as a bullish setup forms and shielded supply grows?

Zcash price has surged over 20% in the past month, breaking above $250 as technical indicators suggest a bullish setup is forming. The rally coincides with growing adoption of Zcash's privacy-focused shielded transactions across the ecosystem.

• →Zcash price has rallied over 20% in the past month, surpassing the $250 resistance level.
• →Technical analysis suggests a bullish setup is forming for the privacy-focused cryptocurrency.
• →Shielded transaction adoption is expanding across the Zcash ecosystem, supporting fundamental growth.
• →The combination of technical momentum and increasing utility could drive further price appreciation.
• →Privacy coins like Zcash may be benefiting from renewed interest in transaction anonymity.