Zcash (ZEC) rallies to $414 as crypto market rises; key supports $371 and $320
first published 2026-01-11T15:52:00Z
Zcash (ZEC) rose 3.34% in the past 24 hours to $389.24. Hourly resistance is around $400.60; failure to close above could lead to a retest of support. Nearest critical level on higher timeframes is $371.25 — a breakout below that could push ZEC toward the $320 zone over the coming week. The weekly chart bounced at $371.25 but a weekly close near that level may lead traders to expect a test of the ~$300 range. CoinMarketCap recorded a bullish final day for the crypto market.
AI Analysis
Price has moved up 3.34% to $389.24 but faces immediate resistance at $400.60; the summary identifies critical support at $371.25 and a potential decline to ~$320 (and ~$300 on a weak weekly close). These concrete technical levels and the stated downside scenarios support a slightly bearish sentiment and a low-to-moderate short-term trading impact.
Expected Investor Sentiment: Neutral
Potential Market Impact: Significant
Source Articles
- Zcash (ZEC) Price Analysis for January 11 - U.Today
- Monero's XMR hits $500 for the first time since 2021 as rival Zcash fumbles - Cointelegraph
- Will Monero Be Next Zcash? Top Trader Says It Has Best-Looking Chart - U.Today
- These Are the 5 Biggest Cryptocurrency Winners of 2025. Can They Carry the Momentum Into 2026? - Yahoo Finance
- Crypto prices today (Dec. 12): BTC, SOL, ZEC, TAO rally amid escalating Trump-Powell feud - Crypto News
- Massive Trader Opens 10x Long on Zcash Following Devastating Crash - U.Today