Physical Address
304 North Cardinal St.
Dorchester Center, MA 02124
Enter the price of Zcash in 2026 after one of the strongest bulls in the market, and it is still on 53% in the last 30 days and more than 780% on an annual basis. The trend continued in an ascending channel, but a small correction recently tested the resistance of buyers. This decrease came from profit, not a failure of the trend.
New buying interest, improved flows, and a larger support area are now keeping the meeting structure active.
Sponsored
Sponsored
Dip buyers absorb selling pressure despite failure of trend line test
Trades like cash Within a rising channel, where the highs and lows rise define an uptrend. The price line is rejected on December 29, causing a temporary pause in the momentum. This refusal led to a decrease of about 10% (highlighted later) during the period from December 29 to 31, but the structure remains intact.
Subscribe to Harsh Notariya’s daily digital newsletter here For more cryptocurrency analysis like this.
The decline occurred with the potential for profit. On December 29, exchanges saw an inflow of $38.22 million, followed by $7.88 million on December 30. Green tops show selling pressure.
However, the mood changed by December 31, as inflows changed to $16.63 million in outflows, indicating that those who benefited from the dip bought and the supply exited the exchanges again. As a result, prices have returned.
Sponsored
Sponsored
The Money Flow Index (MFI) confirmed this. The IMF follows the money coming in or out of a financial asset according to volume and price, and the index rose while the price fell between December 29 and 31. This was at a time when most of the profits were made (via spot flows).
This is a strong divergence to the upside and indicates that dip buyers have taken advantage of the correction to accumulate more rather than exiting their positions. It helped offset the pressures of making profits.
Keep it up while it lasts Increase the cash above the minimum limit close to $500to build the structure of the upward trend and not break it. Continue to monitor the Money Flow Index if it remains in an uptrend, and keep an eye on the spot flows if you stop buying.
Key Zcash price levels to confirm breakout
Buyers initially tried to close daily above $559. This experience confirmed a renewed bullish momentum. This required an 8% jump.
Look above the $559 level, $596-626 area. Consider this area as a Zcash price window . Going out of this zone, depending on the position of the price in the channel, opens the way to the targets calculated at $ 657 and $ 699. With this type of move, it keeps the target of the channel above 84% valid.
Change if a full close of the daily candle is achieved below $500, the overall trend is weak, and the structure is at risk of breaking the trend. Then look to see if the lower trend line of the channel provides support or is broken. Continue until this is in the buyer’s control.
