Dear Binance Community,
Zcash ($ZEC ZEC/USDT) is currently trading around $216–$218 on Binance, reflecting a -9% decline over the past 24 hours. The pair saw a high of $244.98 and low near $214–$215, with robust volume exceeding 158K–171K ZEC (~$36–$39M USDT equivalent). This pullback mirrors broader altcoin corrections in the current market environment.
Technical Insights (Daily/Monthly View):
EMA(7) near $240–$272 serves as immediate resistance; reclaiming it could signal recovery.
EMA(25) around $150–$250 previously anchored strong rallies.
Volume has normalized after the sharp November 2025 surge (peak ~$750), typical of post-rally consolidation.
Order book indicates mild sell dominance (~52%), though support at current levels remains evident.
Long-term performance: Over +500% in the past year, despite shorter-term drawdowns of -43% (30 days) and -53% (90 days).
Fundamentals Remain Solid:
Zcash leads privacy coins with zk-SNARKs enabling shielded transactions. Shielded adoption continues to rise, supported by ecosystem advancements and growing institutional recognition. Privacy demand persists amid on-chain transparency concerns, with the next halving cycle (~2028) likely enhancing scarcity.
Outlook:
Bullish scenario: Sustained move above $250–$270 could target $300–$400 on renewed privacy momentum.
Bearish risk: Break below $210 may test $180–$200 supports.
Long-term holders benefit from ZEC's core privacy utility.#MarketRebound #zec #ZECUSDT