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Zcash price rebounds above $800 amid strong rally but risks correction due to overbought signals.

Technical Signals
28 Aug 2026
Crypto news
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Bullish
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Zcash (ZEC) price recovered from a midweek dip near $760 to trade above $800, following a rapid rally from under $500 to nearly $880 in mid-August. Despite the rebound, technical indicators like a high RSI and negative money flow suggest overbought conditions and potential for a correction. Key resistance lies around $835–$840, where liquidity clusters could trigger volatility. Institutional interest, including a possible Grayscale Zcash ETF, and network upgrades support the bullish outlook, but failure to hold above $780 could lead to a deeper pullback.

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