Samson Mow Tells Zcash Holders To Cash Out And Buy Bitcoin

Samson Mow has urged Zcash holders to take profits from the privacy coin’s parabolic rally and rotate into Bitcoin, while likening it to the volatile meme coin Dogecoin.

Mow, the CEO of Bitcoin technology company JAN3, posted a screenshot of the Dogecoin (DOGE) chart on X, telling his 357k followers to figure out where on the chart they are right now. 

For everyone excited about Zcash, this is DOGE. Your job is to figure out where on this chart you’re at right now.

If you’re smart, you’ll buy Bitcoin with your gains. pic.twitter.com/KdjiSVOTe7

— Samson Mow (@Excellion) November 7, 2025

“For everyone excited about Zcash, this is DOGE,” said the Bitcoin bull. “If you’re smart, you’ll buy Bitcoin with your gains.”

ZEC’s Parabolic Rally Continues 

The ZEC price has exploded 1,120% since Sept. 28 after surging another 21% in the last 24 hours, according to CoinMarketCap. 

ZEC price (Source: CoinMarketCap) 

The privacy token’s rally, driven in part by renewed interest in privacy tech and tools like the Zashi wallet, has pushed ZEC to its highest level since 2018.

With a market cap that’s ballooned to more than $10 billion, ZEC is currently ranked as the 13th-largest crypto, positioning it above Bitcoin fork Bitcoin Cash (BCH), and below the leading oracle project Chainlink (LINK).

Some say Zcash, a 2016 fork created by computer security expert Zooko Wilcox, has soared because of real infrastructure progress and growing attention to privacy.

But others in the community have said that the rally may be artificial, warning investors that they could end up becoming “exit liquidity.” 

Zcash Price Trying To Break Out Of Channel In Extended Conditions

Regardless of whether Zcash’s rally is an artificial pump or due to actual ecosystem developments, the altcoin has traders glued to their screens.

Daily chart for ZEC/USD (Source: GeckoTerminal)

Looking at the crypto’s daily chart, ZEC is currently trying to break out above the ascending price channel that it has been trading in over the past couple of weeks. This could either be a fake out or the precursor to a parabolic move, especially since the upper boundary of the channel is also confluent with the $598.35 resistance level.

Closing today’s session above that barrier could extend the altcoin’s rally. Conversely, a rejection might result in a pullback to the nearest support at $450.79. Falling below this technical safety net may then open up the risk of ZEC dropping to as low as $317.99 in the short term.

From a technical indicators perspective, ZEC is showing signs of over-extension. More specifically, traders will want to keep an eye on the Relative Strength Index (RSI), which is nearing extreme overbought territory at 90. This suggests that ZEC’s downside potential is greater than its potential to continue its rally. 

However, it’s not unusual for the RSI to remain high for sustained periods of time when a crypto is rallying. What’s more, the 9 and 20 Exponential Moving Averages (EMAs) as well as the Moving Average Convergence Divergence (MACD) show that momentum is still strongly in favor of bulls. 

Many analysts believe that Zcash’s rally will continue even amid the over-extension seen with the RSI. Among them is BitMEX co-founder Arthur Hayes, who predicted that ZEC will soar to $10K. 

It’s just ludicrous.$ZEC to $10k pic.twitter.com/EfyiPB2Azl

— Arthur Hayes (@CryptoHayes) November 7, 2025

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