Top Analyst Is Confident ZCash (ZEC) Price Will Crash Back Below $100: Here’s Why

After spending years in quiet accumulation, ZEC price suddenly exploded from around $46 in late September to more than $740 in early November. That’s a big move for any asset, especially one that has been silent for so long.

The sudden breakout woke up traders who had almost forgotten about ZCash. The surge pushed ZEC price to levels not seen in years, briefly touching around $750 mark before starting to pull back. At the time of writing, ZCash is trading near $474. While that might still sound impressive, some analysts believe this rally could be setting the stage for something much deeper.

Why Crypto Patel Believes ZEC Could Drop Below $100 Again

One of those voices is Crypto Patel, a well-known chart analyst. He shared his detailed view on X, warning traders to stay realistic rather than emotional. He said, “Will $ZEC return to the $100 club after topping $750? Be smart, not emotional! Many are getting excited seeing #ZEC pushing higher, but let’s stay realistic and strategic. I still believe one day ZEC will revisit below $100, especially after a strong profit-booking phase once it crosses $500+ levels.”

According to him, ZEC price rally looks overstretched. He noted that the High Time Frame Fair Value Gap (HTF FVG) remains unfilled, which means there could still be “unfinished business” in lower zones. In simple terms, this technical gap often acts as a magnet, pulling prices back down before a more sustainable move can begin.

Crypto Patel emphasized that while the recent run might offer short-term scalp opportunities, holding long positions above $500 could be risky. He cautioned that long-term holders may face a steep correction once profit-taking begins.

A Closer Look at the ZCash Chart

The chart shared by Crypto Patel paints a clear picture of his reasoning. It shows a long descending channel stretching back to 2018, with ZCash recently breaking out of the accumulation zone that lasted for almost two years. The massive 3,100% rally from that range caught many by surprise, yet Patel marks this zone as a point where smart money may begin to take profits rather than chase higher prices.

@CryptoPatel / X

His analysis suggests that the price could revisit lower areas of the chart, potentially between $40 and $100, where past accumulation occurred. The unfilled Fair Value Gap supports that possibility. According to Patel, this would be a healthy correction, allowing the market to reset before any meaningful long-term uptrend resumes.

The Emotional Trap Many Traders Fall Into

One of the most important points from Patel’s message is about trader psychology. He warns that euphoria can easily drain profits when traders get caught in the excitement of parabolic moves. ZCash’s rise from $46 to $740 has already given massive returns to early accumulators, but holding too long during a correction phase could erase much of those gains.

Patel reminded followers that “the market rewards patience and discipline.” His approach highlights the difference between short-term scalps, quick trades aiming to catch momentum, and long-term positions that can face huge volatility swings.

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What the Broader Picture Suggests for ZCash

ZCash remains a respected project in the privacy coin sector, but its price action has always been unpredictable. The recent move mirrors patterns seen in other altcoins that broke multi-year resistance only to retrace sharply before finding real support. This reminds some traders of Solana’s cycle in 2022, when strong rallies were followed by deep corrections before the next leg higher.

If Patel’s outlook plays out, the ZEC price could spend time consolidating or even revisiting double-digit levels before another sustained move. His confidence in a possible return below $100 is rooted in chart structure, gaps, and historical behavior.

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