Legendary Analyst il Capo Expects a Drop in the Price of the Rapidly Rising Altcoin!

cryptonews.ruPublicado a 2026-09-05Actualizado a 2026-09-05

Resumen

Il Capo of Crypto, a closely followed analyst, has commented on Zcash ($ZEC), an altcoin that has recently experienced a sharp market rally. While noting his previous optimistic Zcash predictions came true, he mentioned his current forecast took longer to materialize than expected. The price of $ZEC has risen 25% over the past week, currently trading around $1,006, following a remarkable 2,334% increase over the past year. The analyst stated that after finding support in the $200-$300 range in February-March, $ZEC ultimately reached his $1,000 target. Il Capo now suggests a local peak and correction are likely in the short term for Zcash, with a similar process possible for the broader cryptocurrency market.

Il Capo of Crypto, one of the analysts closely followed in the cryptocurrency market, shared insights on Zcash ($ZEC), one of the altcoins that has recently experienced a sharp market rally.

Il Capo, who claims his previous optimistic forecasts for Zcash have come true, added that his current prediction is taking longer to materialize than he expected.

The price of $ZEC has risen by 25% over the past week and is currently trading around $1,006. Previously, $ZEC drew attention with its 2,334% surge over the past year.

Analyst Il Capo stated that in February-March, the price of $ZEC found support around $200-$300 and eventually reached its target of $1,000. Now the analyst claims that a local peak and correction are likely in the short term, and a similar process is possible for the entire cryptocurrency market.

This chart shows the growth of the $ZEC price over the past year.

*This is not investment advice.

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