Scan to Download Gate App
qrCode
More Download Options
Don't remind me again today

ZEN Price Surges as Social Activity Spikes — Can Bulls Push Horizen Toward New Highs?

Horizen shows a clear breakout on short-term charts, supported by rising volume and a defined target zone that reflects stronger market participation.

The broader daily trend captures a sharp cycle from rally to correction, with recovering RSI levels and improving volume signaling renewed buyer activity.

Social metrics report higher mentions and yearly gains, indicating increased attention as price momentum rises during a period of broader market weakness.

Horizen (ZEN) is drawing attention as fresh technical signals and market data point to renewed strength after a period of steady consolidation. Recent chart movements and social activity suggest that the asset is entering a more active phase.

Breakout Structure on the Short-Term Chart

A post from trader Captain Faibik presented a 2-hour chart of ZEN showing a break from a descending channel. The price moved within a pattern of lower highs and lower lows before pushing above the upper trend line.

This breakout followed a sharp bullish candle that suggested that market sentiment was shifting. Representing a possible 61.8% retracement relative to the earlier decline

Volume expanded during the breakout confirming that buying interest had returned at a meaningful level.The short-term setup pointed to a potential continuation if momentum stayed intact.

The structure placed emphasis on the breakout and the retest of the former channel boundary as the key area traders monitored.

Daily Chart Shows a Different Phase of the Market Cycle

A separate daily view of ZEN illustrated a broader cycle from late 2025 into early 2026. The chart captured a rapid rally toward the 50 USDT area, followed by a steep corrective phase and lower trading volume

The price later stabilized and entered a slower recovery period.The RSI had risen from oversold levels to the neutral 50 line

This combined with rising volume during the latest upswing, suggest that buyers are attempting to regain control. The move required sustained strength before forming new support zones on the longer time frame.

Social Activity Reflects Rising Attention Around ZEN

LunarCrush reported an increase in market interest, with ZEN posting a 19.11% weekly rise while Bitcoin fell 13.01%. Their data placed the asset at 15.38 USD with a 66% annual price increase

Social mentions climbed more than 70%, reaching 66,521 over the same period.The chart from LunarCrush showed early-year volatility, as both price and mentions trended lower during that window, suggesting consolidation among participants

Activity accelerated again during late summer and autumn as ZEN recorded another sharp move.The dataset ended with a mild pullback, though both metrics stayed elevated

The alignment of social engagement and price movement indicated that ZEN remained in focus among traders entering the final months of the period.

The post ZEN Price Surges as Social Activity Spikes — Can Bulls Push Horizen Toward New Highs? appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.

BTC1.05%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)