Bulls Test Key Fib Level as Spot Inflows Support Short Term Recovery
The post Bulls Test Key Fib Level as Spot Inflows Support Short Term Recovery appeared on BitcoinEthereumNews.com.
ZEC sees a sharp sentiment shift with $4.4M in spot inflows and buyers reclaiming all major EMAs for the first time since November. Price presses against the $447–$450 Fib zone, with a breakout opening targets at $486 and potentially $535. Developer push for dynamic fees and rising institutional accumulation strengthen the fundamental backdrop for ZCash. ZCash price today trades near $442 after tagging the 0.618 Fibonacci retracement on the recent rebound. Buyers are attempting to hold the breakout as spot inflows improve and momentum lifts from oversold conditions. The move places attention on the $450 region, where confluence from the EMAs and prior supply creates a short term ceiling. Spot Inflows Improve As Momentum Strengthens ZEC Netflows (Source: Coinglass) Coinglass data shows a notable shift in exchange flows. ZEC recorded roughly $4.4 million in net inflows at the start of the session, reversing several days of heavy outflows that marked last week’s decline. The improvement in flows signals that buyers are returning after a prolonged distribution phase. When inflows align with higher lows, price action tends to stabilize. Market participants are beginning to position more constructively, supported by early accumulation and improving liquidity across spot venues. ZEC Price Dynamics (Source: TradingView) Intraday charts reflect this change. The 30 minute trend channel remains intact as buyers continue to buy dips within the rising structure. RSI sits near 57, showing positive momentum without reaching exhaustion. MACD shows a steady bullish cross that has not yet faded, highlighting persistent demand during minor pullbacks. Fib Levels And EMAs Define The Next Move ZEC Price Action (Source: TradingView) The 4 hour chart shows ZEC challenging the 0.618 retracement near $447. This level is critical, since previous attempts to reclaim it rejected strongly. A close above this zone would confirm that buyers have regained short term…
Filed under: News - @ December 10, 2025 11:22 am