The post ZCash short-term momentum solidifies: Here’s what you can expect this week appeared on BitcoinEthereumNews.com.

Journalist Posted: February 16, 2026 ZCash [ZEC] rebounded from a key long-term support level at $187.9. In a recent report, AMBCrypto explored how the long-term bias of ZEC might not be as bearish as feared. The weekly swing structure has held, and there was hope. A recovery might not be imminent. With Bitcoin’s [BTC] bearish woes, ZEC might enter a deeper consolidation and fall below $187 in the coming weeks. But, for now, the short-term momentum was bullish. According to CoinMarketCap, ZCash has rallied 9.88% in the past 24 hours with a 25% increase in daily trading volume. The $300 resistance has been overcome, but the main threats overhead were at $365-$460. What to expect from the ZEC price action this week Earlier, the importance of the $365-$450 supply zone was explained using the 1-day chart. Zooming into the lower timeframe price charts only reinforced this view. Source: ZEC/USDT on TradingView Using the H4 bearish impulse move to $184 and its Fibonacci retracement levels, we can see why $320 and $357 are key local resistances. To the south, there were imbalances in this timeframe at $300, $260, and $240. The OBV has made new highs for the month of February, but the RSI and Stochastic RSI showed overbought conditions. This indicated a potential correction ahead. The upcoming price dip might not extend as deep as $240. This was because of the $300 level, which was a local resistance that the price rocketed past and left behind an imbalance, or fair value gap, in the process. ZEC will likely respect this and continue higher, although a few hours of consolidation could ensue. Source: CoinGlass Another compelling reason why ZEC will likely run higher before correcting was seen in the liquidation map. The $342 and $360 regions had considerable cumulative short liquidation…

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Filed under: News - @ February 16, 2026 1:01 am