Zcash Price Rebounds Nearly 10% Amid Governance Uncertainty
- Price Rebound: Zcash's price has rebounded nearly 10% in the past 24 hours, currently trading around $411; however, market confidence remains weak due to heavy selling linked to internal project issues.
- Whale Buying Support: Following the sharp decline, large holders increased their Zcash holdings by approximately 24% over the past week, with the top 100 addresses raising their share to nearly 46%, which helped stabilize the price near $400.
- Governance Crisis Impact: The recent price drop began in January 2026 when the entire core team at Electric Coin Company resigned, leading to heightened market concerns about future upgrades and decisions, causing a more than 20% price decline in a short period.
- Critical Support Zone: Zcash is currently fluctuating between $396 and $496; if the price falls below $399, it could trigger increased selling pressure, while closing above $496 would help restore market confidence.
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Technical Analysis for ZEC
Technical Sentiment Analysis for Zcash (ZEC) As of , Zcash (ZEC) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 6 technical signals, shows that 2 indicators are flashing buy, while 4 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for ZEC stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, ZEC is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Zcash (ZEC) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 11.981 | 98.275 | 183.841 | 270.135 | 355.701 | 441.995 | 527.561 |
| Fibonacci | 98.275 | 163.926 | 204.485 | 270.135 | 335.786 | 376.345 | 441.995 |
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