The post Zcash Price Analysis 2026: ZEC Faces Bearish Pressure Below $500 appeared on BitcoinEthereumNews.com.

TLDR: ZEC lost the daily Hypertrend at $523, confirming bearish structure and flipping former support into resistance Price trades within the $470–500 demand zone, with $469 acting as the primary downside magnet if weakness holds Investor sentiment weakened into 2026, reducing follow-through buying despite constructive higher-timeframe structure Top 100 Zcash holders increased holdings by about 6%, helping stabilize the price during short-term market uncertainty Zcash price analysis shows ZEC trading at a decisive technical area as bearish pressure persists.  Market structure, volume behavior, and holder activity now shape expectations for near-term direction and stability. Zcash Price Analysis Signals Bearish Control Below $523 Zcash price analysis confirms that ZEC lost the daily Hypertrend near $523, invalidating its prior consolidation phase.  The breakdown occurred alongside expanding volume, a signal of active seller participation rather than passive retracement.  Price then moved directly into a low-volume imbalance zone. This behavior suggests the market is seeking acceptance at lower levels.  Former support at $523 has flipped into resistance, reinforcing bearish control while price remains below that threshold. As a result, rallies toward this level continue to face supply pressure. $ZEC 2026 UPDATE Price lost the daily Hypertrend at $523 which invalidated consolidation and confirmed the bear flag Current price around $485 Textbook Pullback: ➭ Breakdown occurred with expansion in volume➭ Price moved directly into the low volume imbalance➭ The… pic.twitter.com/5sd8gX441O — eye zen hour (@eyezenhour) January 2, 2026 The daily chart also reflects a rising wedge structure that developed after December’s recovery. Although higher lows formed, upside momentum weakened near $550–560.  A strong rejection candle at that region confirmed seller dominance near the wedge’s upper boundary. Volume profile data aligns with this structure.  A high-volume node between $520 and $540 indicates heavy historical trading interest. Until ZEC reclaims this area with conviction, short-term structure remains…

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Filed under: News - @ January 4, 2026 12:08 am