Following April’s market trends, the Privacy Coin sector is recording significant gains, specifically with Monero, Zcash, and Dash. This movement is likely tied to a situational factor: the closure of the Strait of Hormuz and Iran’s demand for crypto payments. While it is important to note that Iran officially accepts only Bitcoin, the Privacy Coin sector is benefiting from a strong bullish trend as a direct reflection of the heightened demand for censorship-resistant financial tools.
Hormuz Effect Drives Zcash, Monero, and Dash
Zcash Weekly Outlook: Resistance Breakout in Sight
Privacy Coins in April: Zcash Leads the Rally The month of April is proving highly positive for Privacy Coins, as shown in the comparison with Bitcoin, which continues to drive the broader crypto market. The top performer in April is ZEC with a +29.69% gain, followed by XMR at +15.60%. BTC follows with a +14.44% increase, while DASH trails the group but remains positive at +13%. However, the macro scenario since the beginning of 2026 tells a different story, with Monero at -8%, Dash at -15%, and Zcash still down -39% YTD.
Monero (XMR) Targeting New All-Time Highs in 2026
$XMR is currently trading at 380.78 USDT, marking its fourth consecutive bullish week. After hitting a new All-Time High (ATH) of 800 USDT in mid-January, a bearish 'Shooting Star' candle triggered a correction down to a February low of 270.69 USDT. Following a consolidation phase around the 320 USDT base, XMR is once again testing the 388 USDT resistance. A successful breakout here targets an extension toward the 475 USDT area.
Dash Weekly Overview
DASH has shown more subdued performance compared to its privacy counterparts in recent months. It is currently trading at 36.58 USDT, with a weekly gain of +9.10%.
The weekly chart provides a clear overview since last summer: at the end of September, Dash broke out of a long congestion phase that had lasted since February. This breakout triggered a sharp bullish acceleration, pushing the price to 150 USDT before entering a contraction phase, ultimately closing the year with a +10% gain.
Dash in 2026: Base Building at 30 USDT
The start of 2026 saw a massive spike with a weekly candle surging +111.50%, hitting resistance at 90 USDT. Since then, a correction phase followed, with Dash finding a base around the 30 USDT area, from which it is currently attempting a rebound. Dash remains weaker than XMR and ZEC, as it has yet to reach its first vector resistance at 55.50 USDT, while the primary resistance level stands at 63.50 USDT.
