Zcash Falls but Moves Sideways above $300

The Zcash price has fallen below the moving average after the bullish rally was halted at the $556 high.

ZEC price long-term forecast: bearish

On December 29, 2025, buyers pushed the altcoin to a high of $556 before it was rejected. This is the second time the cryptocurrency’s rebound has been blocked at the $600 resistance level. During the first rejection, the altcoin dropped to a low of $305.

Currently, ZEC is trading sideways, above the $300 support but below the $600 resistance. The price is now correcting upwards and may encounter resistance at the moving average lines. ZEC will return to its previous high of $600 if buyers sustain the price above the moving average lines. The ZEC price is around $399.37.

Technical Indicators

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  Key Resistance Zones: $700, $750, and $800

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  Key Support Zones: $400, $350, and $300

ZEC price indicators analysis

The price bars are below the horizontal 21-day and 50-day moving average lines. While in the bearish trend zone, altcoins are likely to decline.

On the 4-hour chart, the price bars are positioned between the downward-sloping moving average lines. The bears are attempting to push the price lower. ZEC will fall if the 21-day SMA support is breached.

What is the next move for ZEC?

On the 4-hour chart, the Zcash price has moved sideways since its decline on January 8. For the past five days, the altcoin has traded above the $360 support and below the $440 resistance.

Currently, the cryptocurrency is falling and approaching its existing support level. If ZEC breaks below the current support, it will decline further to its previous low of $305.

Disclaimer. This analysis and forecast are the personal opinions of the author. The data provided is collected by the author and is not sponsored by any company or token developer. This is not a recommendation to buy or sell cryptocurrency and should not be viewed as an endorsement by Coinidol.com. Readers should do their research before investing in funds.