The post Zcash Price Breakout Back On As Buyers Shock Sellers appeared on BitcoinEthereumNews.com.

Zcash price enters 2026 after one of the strongest rallies in the market, still up about 53% in the past 30 days and more than 780% year-on-year. The trend remains inside an ascending channel, but a small pullback recently tested bulls. That dip came from profit booking, not trend failure. New buying interest, improving flows, and a key support zone are now keeping the breakout structure alive. Sponsored Sponsored Dip Buyers Absorb Sell Pressure Despite Failed Trendline Test Zcash trades inside an ascending channel, where higher highs and higher lows define the uptrend. The upper trendline rejected price on December 29, causing a brief pause in momentum. That rejection led to a near 10% drop (highlighted later) over December 29–31, but the structure remains intact. Zcash Breakout Structure: TradingView Want more token insights like this? Sign up for Editor Harsh Notariya’s Daily Crypto Newsletter here. The drop came with possible profit booking. On December 29, exchanges saw inflows of $38.22 million, followed by $7.88 million on December 30. The green spikes show selling pressure. Zcash Spot Flows: Coinglass However, the mood flipped by December 31, when flows turned to $16.63 million in outflows, hinting at dip buying and supply leaving exchanges again. As a result, the prices bounced again. Sponsored Sponsored The Money Flow Index (MFI) confirms this. MFI, which tracks money entering or exiting an asset based on volume and price, climbed while price dipped between December 29 and December 31. This is the same time when the bulk of the profit booking (via spot inflows) happened. This is a bullish divergence and suggests dip buyers used the pullback to accumulate instead of exiting positions. They helped offset the profit booking pressure. Dip Buying Continues: TradingView As long as ZEC stays above the lower boundary near $500, the bullish structure does…

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Filed under: News - @ January 1, 2026 12:28 pm