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Zcash trades below key $1,277 resistance; recovery hinges on daily close above this level.

Technical Signals
16 Oct 2026
Tokenpost
View Source
Neutral
Zcash trades below key $1,277 resistance; recovery hinges on daily close above this level.

Zcash (ZEC) is currently trading below its 20-day exponential moving average (EMA) of $1,277.62, a critical resistance level for confirming a recovery. The next support levels are at $1,189.44 (50-day EMA), $1,183.48 (daily pivot), and $1,112.92. Momentum indicators show mixed signals, with the relative strength index at 46.7 and a narrowing negative MACD histogram. A daily close above $1,277.62 would strengthen the case for a price recovery, while support near $1,180 remains important during the recent correction.

As of Oct 17, 2026 01:21 WIB, Zcash (ZEC) is trading on Pluang at Rp20.579.940, down 7.08% in the last day. The platform shows a market cap of Rp7,04 trillion and a 24-hour trading volume of Rp787,62 million. Notably, all Pluang order activity is currently sell orders, with no buy orders recorded, highlighting strong selling pressure.

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