Zcash (ZEC) has outperformed many cryptocurrencies recently but now shows a bearish head-and-shoulders pattern on its daily chart. The key support level is the $500 neckline; a daily close below this could trigger a drop toward $360–$370, about 35% down, aligning with ZEC's 200-day EMA. Momentum indicators also suggest weakening buying pressure. However, if ZEC holds above $500, it may rebound and test higher resistance levels around $568 and potentially $680–$700.
Bitcoin briefly dropped to $61,300 before recovering to around $62,500, triggering $3 billion in liquidations over two days. Derivatives markets show strong bearish sentiment, with increased put option activity at the $60,000 strike and rising implie...
Zcash (ZEC) maintained trading above $600 on June 3, 2026, despite a 3-4 hour network halt that paused block production. The price rose 6.29% to around $619, with strong trading volumes over $1.34 billion during the disruption, showing market resilie...
Zcash (ZEC) has shown strong bullish momentum in 2026, rising from below $250 in April to over $600, outperforming many major cryptocurrencies including XRP. Despite some network concerns, investor confidence remains high, supported by technical indi...
XRP and Cardano (ADA) are struggling after breaking key support levels, showing bearish trends and seller dominance. XRP trades below major moving averages and risks deeper declines unless it recovers former support. ADA also broke important support ...
Bitcoin has dropped 21% since its rejection near the $79K–$85K resistance zone in May, while ZCash (ZEC) has rebounded 36% and remains up over 1,000% since June 2025. The divergence is fueled by the SEC closing its investigation into Zcash, removing ...
