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Zcash price drops 25% from September peak, risks deeper correction to $1,136 or lower

Technical Signals
07 Oct 2026
FXEmpire
View Source
Bearish
Zcash price drops 25% from September peak, risks deeper correction to $1,136 or lower

Zcash (ZEC) has fallen about 25% from its late-September high near $1,700, confirming earlier warnings of a correction. Technical indicators like bearish RSI divergence and failure to hold above key Fibonacci levels suggest a further decline toward $1,136 is likely, with a possible deeper drop to around $900 if selling intensifies. A bear pennant pattern on the daily chart also points to downside risk near $950-$1,000. Investors should watch these support zones as potential targets for the ongoing retracement after ZEC's sharp rally in September.

Zcash (ZEC) is currently trading at Rp23.139.414 on Pluang, down 4.72% in the last day. The platform shows a market cap of Rp7,04 trillion and a 24-hour trading volume of Rp787,62 million as of Oct 07, 2026 18:35 WIB.

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