📊 Current Price & Short-Term Trend
ZEC is trading around ≈ $235–$245 USDT per coin. �
CoinMarketCap +1
Price has shown recent rebound from oversold levels, with a relief bounce supported by rising volume. �
CoinMarketCap
The broader short-term trend remains bearish overall, even though there are temporary rebounds and volatility. �
CoinMarketCap
📉 Recent Market Behavior
Bearish technical signals:
Price down significantly over the past month (~-40% over ~30 days). �
CoinCodex
Indicators such as RSI and moving averages suggest ZEC was oversold and still struggling to reclaim higher trend levels. �
CoinMarketCap
Some technical analysis shows bearish sentiment and failure at key trendlines previously. �
FXStreet
Short-term recovery signs:
A high-volume bounce from support near $220 suggests buyers are defending lower levels. �
CoinMarketCap
Daily price swings show neutral to mild bullish momentum intraday (RSI around neutral). �
MEXC
Market sentiment snapshots:
Mixed/conflicted sentiment — strong selling pressure but dip-buyers stepping in at lower levels. �
CoinStats
Fear & Greed indexes around extreme fear, indicating cautious trader mindset. �
CoinStats
📈 Key Technical Levels to Watch
Support:
~$220–$230 range: current defensive support zone. �
CoinMarketCap
Next psychological support near ~$200 if $220 breaks. �
CoinMarketCap
Resistance:
~$280–$300 area, where simple moving averages or recovery targets lie. �
CoinMarketCap
High-volume resistance above ~$300–$350 on stronger rebounds. �
Coinbase
🧠 What This Means
🔹 Short-Term
Volatility remains high and the trend has been mostly bearish on higher timeframes, with periodic bounce attempts. If ZEC can hold near current support and reclaim ~$280–$300 levels with volume, it may stabilize or start a modest uptrend. �
CoinMarketCap
🔹 Medium-Term
Mixed sentiment suggests indecision between sellers and long-term buyers. A further sell-off could occur if macro risk and crypto market pressure persist; alternatively, renewed upside momentum may appear if fear eases and broader markets improve. �
CoinStats
📌 Risk Factors
ZEC historically volatile and sensitive to Bitcoin and broader crypto trends. �
CoinMarketCap
Technical bearish momentum still present until key resistance levels are regained
