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Zcash faces $44M long liquidation risk near $1,488 amid bearish signals and potential price drop.

Technical Signals
23 Sep 2026
FXEmpire
View Source
Bearish
Zcash faces $44M long liquidation risk near $1,488 amid bearish signals and potential price drop.

Zcash (ZEC) is at risk of a significant long liquidation event with over $44 million in leveraged long positions vulnerable near the $1,488 price level. This comes after a strong rally pushing ZEC close to $1,700, but technical indicators show bearish divergence, suggesting weakening momentum. If the price falls to $1,488, forced selling could trigger a cascade effect, potentially driving ZEC down 20%-25% to the $1,220-$1,300 range. Investors should watch for a possible rejection around the $1,700-$1,750 resistance zone that could accelerate the downturn.

Zcash (ZEC) is currently trading at Rp28.896.655 on Pluang, showing a positive 1-day change of 5.71%. The market cap stands at Rp7,04 trillion with a 24-hour trading volume of Rp787,62 million. These figures are as of Sep 23, 2026 20:10 WIB.

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