- Pepe Coin, Dogwifhat (WIF), and Zcash (ZEC) are showing strong bullish momentum, backed by key technical patterns like golden crosses, bullish flags, and cup-and-handle formations.
- As Bitcoin hits new highs and privacy and meme coins gain traction, these altcoins could see further significant gains in the coming weeks.
Zcash (ZEC) Forecast: Privacy Coins Make a Comeback
Zcash (ZEC), long admired for its dual-transaction model — offering both transparent and shielded options — saw its price explode this week. Investors are rotating back into privacy-focused assets, thanks in part to a growing global demand for financial anonymity and a landmark legal win for Tornado Cash.
ZEC surged to its highest price since January 19, following a strong bullish push that broke through a key resistance level at $43.25. On the technical front, this breakout was significant. The coin climbed above the 50% Fibonacci retracement level, usually considered a precursor to continued upward momentum. Moreover, the emergence of a mini golden cross — where the 50-day and 100-day moving averages converge — suggests even stronger bullish sentiment ahead.
Also read: Ethereum Overtakes Bank of America in Market Cap — Can ETH Price Hit $3,000 Before May Ends?
The Relative Strength Index (RSI) and Stochastic Oscillator are both flashing upward signals, confirming strong buyer momentum. If ZEC maintains its current trajectory, it could push toward the next target at $64.60 — a potential 30% gain from its current price. However, should the price fall below the $43.25 support level, that would undermine the bullish thesis and potentially trigger a correction.
Dogwifhat (WIF), the Solana-based meme coin that has captivated crypto traders with its quirky branding and strong community, is not just about hype — its technical setup is giving real reason for optimism.
WIF price surged over 270% from this year’s low, catapulting its market capitalization past the $1 billion mark. The chart is brimming with bullish signals. Not only has WIF formed a cup-and-handle pattern — a classic bullish continuation structure — but it has also developed a textbook bullish flag. These patterns, when combined with the asset’s recent breakout above both the 50-day and 100-day moving averages, spell potential for further gains.
Analysts are eyeing a breakout to $2.30, which would mark a significant climb from its current level. This projection comes from the depth of the cup formation, a technical trick often used to measure the breakout target. If current momentum holds, WIF could be on track to retest and possibly surpass its previous highs.
Pepe Coin (PEPE): All-Time High in Sight After Key Breakout
Pepe Coin (PEPE), another meme coin that initially surged to fame on social media hype, is showing that it’s not just a flash in the pan. After breaching a critical resistance zone, PEPE has printed a golden cross, with the 50-day moving average crossing above the 100-day — a reliable bullish indicator.
The coin has also surpassed the 50% Fibonacci retracement level, reinforcing the bullish case. Technical indicators such as the RSI and MACD are both rising, signaling that bulls are gaining the upper hand. PEPE is now aiming for its all-time high of $0.00002834, which would represent an 80% gain from current levels.
With increased trading volume and growing retail interest, PEPE’s resurgence is part of a larger trend of meme coins regaining momentum during Bitcoin-led rallies. However, traders should keep an eye on volatility, as meme tokens can pivot quickly on sentiment shifts.
Altcoin Resilience Amid Equity Market Turmoil
What’s particularly notable about this week’s crypto rally is its contrast to the U.S. stock market. Moody’s downgrade of the U.S. credit outlook sent shockwaves through equities, but crypto investors seemed unfazed. If anything, the downgrade may have driven capital into digital assets, particularly those perceived as hedges against systemic risk, such as Zcash.
The divergence underscores a growing decoupling of digital assets from traditional markets, at least in the short term. Bitcoin’s strength provided the backdrop for altcoin breakouts, with WIF, PEPE, and ZEC all benefitting from renewed risk appetite and technical breakouts.
Technicals and Sentiment Point to Continued Gains
With strong technical setups, increased investor interest, and favorable macro narratives, Zcash, Dogwifhat, and Pepe Coin are all poised for further gains. Whether you’re a fan of privacy tech, meme coin momentum, or just chart-watching, these tokens are ones to watch.
- Zcash (ZEC) is riding the privacy wave and looks set for a move to $64.6.
- Dogwifhat (WIF) is showing textbook bullish patterns, with a price target near $2.30.
- Pepe Coin (PEPE) has cleared critical resistance and may be heading back to its all-time high.
As always in crypto, risk management remains key — but for now, the bulls are in charge