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Zcash price triples then corrects amid technical weakness and ETF outflows.

Technical Signals
08 Oct 2026
Tokenpost
View Source
Bearish
Zcash price triples then corrects amid technical weakness and ETF outflows.

Zcash (ZEC) surged from $478 in mid-August to $1,701 in late September before entering a correction phase due to weakening technical indicators and uncertain exchange-traded fund (ETF) flows. Technical analysis shows ZEC fell below a key trendline and momentum indicators like Chaikin Money Flow and Trend Strength Index turned negative, signaling potential further downside. Meanwhile, Grayscale’s Zcash ETF (ZCSH) saw significant outflows exceeding $105 million after initial strong demand post-launch, adding uncertainty to ZEC’s market outlook. A second ZEC ETF proposal by Winklevoss Asset Services is pending regulatory approval, keeping future market dynamics in flux.

Zcash (ZEC) is currently trading at Rp21.676.297 on Pluang, down 8.55% in the last day as of Oct 08, 2026 21:23 WIB, highlighting the correction phase mentioned in the news. Its market cap stands at Rp7,04 trillion with a circulating supply of 16.3 million ZEC, which is 78% of the total supply. The typical hold time of 107 days on Pluang suggests moderate investor engagement compared to other assets.

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