ZEC Daily Technical Analysis
ZCash
Zcash (ZEC) is a privacy-focused cryptocurrency that enables optional anonymity for transactions by using advanced cryptography. While the Zcash protocol governs the network, ZEC is the native monetary unit, or coin, used for transactions.
ZEC Technical Analysis Summary
Zcash is in a steep corrective phase following a parabolic rally late last year, currently trading below its short-term moving averages with strong bearish momentum. The price is rapidly approaching a critical decision point at the 200-day SMA (~267), which serves as the last major support level defining the long-term uptrend. Technical indicators like the MACD and RSI suggest continued weakness, though the proximity to the 200-day SMA and lower Bollinger Band may trigger a support test or bounce soon.
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ZEC Daily Chart
Sentiment
Short-term Sentiment (days to weeks): Bearish
Price is trading well below the 20-day and 50-day SMAs, currently hugging the lower Bollinger Band. Momentum indicators (MACD) are in bearish territory with the MACD line below the Signal line, and the RSI is trending down near oversold levels.
Long-term Sentiment (weeks to months): Neutral
The long-term trend is being tested as the price retraces heavily towards the rising 200-day SMA (267.29). While the primary parabolic trend is broken, the price remains above this key long-term trend filter, keeping the bias from turning fully bearish.
Report Metadata
- Timeframe: daily
- Generated at: 2026-02-03T13:03:01.016Z
- Model: gemini-3-pro-preview
Support Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $275.43 | $267.29 - $283.57 | Strong | Confluence of the rising 200-day SMA and the Lower Bollinger Band. |
| $170.00 | $160.00 - $180.00 | Weak | Historical breakout zone and consolidation support seen in October. |
Resistance Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $357.93 | $355.85 - $360.00 | Strong | The 20-day SMA and recent breakdown level. |
| $421.80 | $415.60 - $428.00 | Strong | The 50-day SMA coincides with the current Upper Bollinger Band level. |
| $530.00 | $520.00 - $540.00 | Strong | Recent lower high formed in late January. |
Potential Chart Patterns in Formation
| Strength | Pattern | Signal | Target | Details |
|---|---|---|---|---|
| Strong | Mean Reversion to 200 SMA | Neutral | $267.29 | After a parabolic extension, price is correcting deeply and is now testing the long-term mean (200-day SMA). |
| Strong | Descending Channel | Bearish | N/A | Since the January peak, price has formed a sequence of lower highs and lower lows. |
Frequently Asked Questions about ZEC
What is the current sentiment for ZEC?
The short-term sentiment for ZEC is currently Bearish because Price is trading well below the 20-day and 50-day SMAs, currently hugging the lower Bollinger Band. Momentum indicators (MACD) are in bearish territory with the MACD line below the Signal line, and the RSI is trending down near oversold levels.. The long-term trend is classified as Neutral.
What are the key support levels for ZEC?
StockDips.AI has identified key support levels for ZEC at $275.43 and $170.00. These levels may represent potential accumulation zones where buying interest could emerge.
Is ZEC in a significant dip or a Value Dip right now?
ZEC has a Value Score of 98/100. It is currently flagged as a significant dip in the Top Dips list. It is not listed as a Value Dip because the long-term sentiment or value-score threshold does not qualify.
View the full interactive analysis on StockDips.AI.