Zcash Coin (ZECUSD) breaks upward trend line – Analysis – 08-01-2026 $ZEC

ZEC
ZEC
294.32
-8.40%

Zcash Coin (ZECUSD) price settles with sharp losses in its latest trading, affected by trading below the 50-period simple moving average, which created dynamic pressure leading to a break of a key short-term upward trend line, exposing it to compounded negative pressure, especially as negative signals emerge from the Relative Strength Index indicators, despite their stability in extremely oversold regions.

Therefore, our forecasts indicate a decline in the cryptocurrency price during its upcoming immediate trading, as long as the resistance level of $450.00 remains intact, aiming to target the first support level at $370.00.

Expected direction for upcoming trades: Downward $BTC

BTC
BTC
78,419.22
-5.56%

$SOL

SOL
SOL
104
-10.75%