The post Is The Zcash Bull Cycle Over? ZEC Price Forecast appeared on BitcoinEthereumNews.com.

Zcash fell 14% after a seven-year high, with technical signals pointing to a possible correction as support levels attract buyers.   Zcash has been among the top performers this year. Its price surged to over $730 in early November.  The asset now trades near $575 and is creating questions about whether the rally has peaked or a buying opportunity still exists. Zcash Price Pulls Back After Strong Rally ZEC recently experienced a drop of more than 14% in a single day. Just two months ago, it traded around $50. However, the sudden increase caught many investors by surprise.  From October to early November, ZEC climbed steadily and eventually peaked at a seven-year high. ZEC is defending the $575 to $580 zone and could be ready for a comeback | source: TradingView The decline is similar to how the general market has performed lately. Still, despite losses, some analysts are optimistic and are predicting rises towards $800 or even $1,800 in the next few months.  As of writing, buyers are now defending the $575 to $580 zone. This area acted as support during prior rallies, but the Relative Strength Index (RSI) now indicates overbought conditions at 78 and is showing more downside risk. Short-Term Technical Outlook ZEC currently trades within an ascending parallel channel. The price currently sits near the channel midline and channels often contain corrective moves. In other words, a breakdown could be likely from here. The MACD and RSI are both showing bearish divergences and are supporting a possible drop. Analyst says $800 in November is possible | source: X This being said, if ZEC loses support at $575, it could fall to $540 in the next few days. Traders are watching the $608 mark as a resistance point. Staying below this level may confirm the bearish scenario.…

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Filed under: News - @ November 19, 2025 7:27 pm