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Zcash (ZEC) rebounds to $1,213, eyeing $1,300 after recent drop and upcoming network upgrade.

Technical Signals
09 Oct 2026
Tokenpost
View Source
Neutral
Zcash (ZEC) rebounds to $1,213, eyeing $1,300 after recent drop and upcoming network upgrade.

Zcash (ZEC) recovered to around $1,213 on October 9 after a sharp decline from above $1,600 in late September to near $1,100 on October 8. The token's near-term focus is on holding the $1,185 support level and potentially moving toward $1,300, with key technical levels at $1,185 and $1,250. The recovery comes ahead of Zcash's planned network upgrade NU7, tentatively set for November 5. Additionally, Winklevoss Asset Services filed for a Zcash exchange-traded fund (ETF) with the SEC, though no direct link to the price movement has been confirmed.

Zcash's market cap on Pluang stands at Rp7,04 trillion as of October 9, 2026, 21:42 WIB, with a 24-hour trading volume of Rp787,62 million. Despite the recent price fluctuations noted in the article, ZEC's price on Pluang is relatively stable at Rp21.702.291, showing a slight 0.07% increase over the past day. The platform data also shows that all current orders are sells, with a typical holding period of 107 days, indicating cautious trading behavior among investors.

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