Zcash Price Snaps Back 6% – 50-Day SMA in Sight

6 hours ago 5

Rommie Analytics

Key Takeaways

  • Tuesday’s range runs from about $1,118 to $1,232, after a $1,151 open.
  • The 50-day SMA (~$1,270) and 0.236 Fib (~$1,350) sit 4% and 10% higher.
  • ZEC trades about 28% below its late-September peak near $1,690.

Buyers step in at $1,140

ZEC ran more than sixfold between early June and late September, climbing from around $254 to its 2026 peak near $1,690. The correction that followed carved out a short falling channel and dragged price back to the 0.382 Fibonacci level of that rally, near $1,140.

Zcash ZEC daily price chart showing a rebound from support near $1,140 above a falling channel, with the 50-day SMA near $1,270 and 0.236 Fib near $1,350 as resistance. Read Entire Article