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Zcash (ZEC) drops 10.7% after sharp September gains, testing key support near $1,359.

Market News
29 Sep 2026
Tokenpost
View Source
Bearish
Zcash (ZEC) drops 10.7% after sharp September gains, testing key support near $1,359.

Zcash (ZEC) experienced a 10.7% decline within 24 hours, briefly falling to $1,356 after nearly doubling in value during September. This pullback occurred amid a broader weakening of altcoins and profit-taking by traders. Key liquidation levels for leveraged long positions were identified near $1,359.45 and $1,357.59, with some positions worth millions affected. Investors will closely watch ZEC's price action around these liquidation points to gauge the next market move.

Following Zcash's sharp 10.7% drop reported in the news, on Pluang the cryptocurrency is down 9.35% as of Sep 29, 2026 13:12 WIB, trading at Rp25.249.648. Market participants on Pluang are predominantly selling, with order activity at 100% Sell and 0% Buy, while the typical hold time stands at 107 days. The market cap is Rp7,04 trillion and 24-hour volume is Rp787,62 million, indicating active trading despite the recent price decline.

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