Zcash Price Prediction: ZEC Extends Losses as Price Tests Crucial Support While Governance Debate Intensifies
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- ZEC weakens as broken support and persistent selling pressure drive fresh downside risk.
- Cooling open interest signals fading leverage appetite as traders step back cautiously.
- Heavy net outflows and governance concerns add strain to ZEC’s already fragile sentiment.
Zcash is sliding toward a crucial support region as sellers maintain strong control across key timeframes. The token trades near $363 after losing major zones that supported the earlier rally.
The latest pullback shows a market struggling to stabilize as momentum weakens, volatility returns, and derivatives activity shifts rapidly. Consequently, traders now watch whether ZEC can hold the current level or extend the broader decline.
Selling Pressure Builds as Key Levels Break
ZEC continues to form lower highs and lower lows, which signals steady weakness. Besides that, price trades under the EMA…
Read The Full Article Zcash Price Prediction: ZEC Extends Losses as Price Tests Crucial Support While Governance Debate Intensifies On Coin Edition.
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Coins
$ 348.85
-20.9%Share:
In This News
Coins
$ 348.85
-20.9%Share:
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Zcash Price Prediction: ZEC Extends Losses as Price Tests Crucial Support While Governance Debate Intensifies
Share:
- ZEC weakens as broken support and persistent selling pressure drive fresh downside risk.
- Cooling open interest signals fading leverage appetite as traders step back cautiously.
- Heavy net outflows and governance concerns add strain to ZEC’s already fragile sentiment.
Zcash is sliding toward a crucial support region as sellers maintain strong control across key timeframes. The token trades near $363 after losing major zones that supported the earlier rally.
The latest pullback shows a market struggling to stabilize as momentum weakens, volatility returns, and derivatives activity shifts rapidly. Consequently, traders now watch whether ZEC can hold the current level or extend the broader decline.
Selling Pressure Builds as Key Levels Break
ZEC continues to form lower highs and lower lows, which signals steady weakness. Besides that, price trades under the EMA…
Read The Full Article Zcash Price Prediction: ZEC Extends Losses as Price Tests Crucial Support While Governance Debate Intensifies On Coin Edition.
In This News
Coins
$ 348.85
-20.9%Share:
In This News
Coins
$ 348.85
-20.9%Share:
Read More
XRP Price Prediction: XRP Consolidates Ahead of Breakout After Ripple Wins Singapore Expansion