Zcash jumps 15% on 27 December as volume surges; watch $490 and $615 levels

On 27 December, Zcash surged about 15% to trade near $510, with trading volume up 45% to $665 million. Large holders increased exposure over the past month and derivatives positioning skewed long, while a breakout from an ascending triangle makes a daily close above $490 key to keep a move toward $615 in play.