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Zcash rebounds 6% despite $115M ETF outflows, faces resistance near $1,350

Market News
21 Oct 2026
Coinpaper
View Source
Neutral
Zcash rebounds 6% despite $115M ETF outflows, faces resistance near $1,350

Zcash (ZEC) surged about 6% on October 21 after a sharp October selloff, recovering from near $1,040 to around $1,260-$1,285. This rebound occurred despite $115.5 million in reported redemptions from the Zcash ETF during October, indicating uneven but ongoing institutional interest. The cryptocurrency now faces resistance between $1,300 and $1,350, with a breakout potentially pushing it toward $1,400. Market dynamics include significant short liquidations and anticipation of a network upgrade, which could influence future price movements.

Zcash is currently trading at Rp23,687,994 on Pluang, showing a strong 8.21% gain in the last day. The market cap stands at Rp7.04 trillion, with a 24-hour trading volume of Rp787.62 million as of Oct 21, 2026 21:43 WIB.

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