Zcash continues strong uptrend with $1,240-$1,300 as immediate resistance
first published 2026-09-11T08:35:00Z
Zcash (ZEC) dropped about 16% from a recent high above $1,200, causing $28.37 million in liquidations over the past day, mostly from long positions. Traders are watching the $1,050-$1,100 area as a key support zone to see whether ZEC consolidates or retraces further.
AI Analysis
The article reports a sharp 16% decline in ZEC and $28.37 million in liquidations, mostly longs, which is directly bearish for near-term price action. The focus on key support levels and possible deeper retracement makes it relevant for short-term traders.
Expected Investor Sentiment: Neutral
Potential Market Impact: Significant
Source Articles
- Zcash (ZEC) Bloodbath: 16% Drop Triggers Liquidation Spree - U.Today
- ZEC Dips Below $1,100 as Market Selloff Triggers Altcoin Pullback - Bitcoin.com
- Zcash mining revenue per megawatt tops Bitcoin 4x - Crypto News
- Shiba Inu (SHIB), Hyperliquid (HYPE), Binance Coin (BNB) and Zcash (ZEC) Price Analysis for September 12: Sudden Surge - U.Today
