ZEC Weekly Technical Analysis
ZCash
Zcash (ZEC) is a privacy-focused cryptocurrency that enables optional anonymity for transactions by using advanced cryptography. While the Zcash protocol governs the network, ZEC is the native monetary unit, or coin, used for transactions.
ZEC Technical Analysis Summary
ZEC is undergoing a severe mean reversion correction after a parabolic blow-off top that reached highs near 700-800. While the short-term technicals are bearish with price below the 20-week SMA and negative MACD momentum, the long-term structure remains constructive as price holds above the rising 50-week and 200-week SMAs. The market is likely seeking a higher low to establish a sustainable uptrend following the massive breakout from its multi-year accumulation phase.
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ZEC Weekly Chart
Sentiment
Short-term Sentiment (days to weeks): Bearish
Price has lost the 20-week SMA (basis) and is correcting sharply from highs. MACD shows a confirmed bearish crossover with expanding negative momentum. RSI has dropped to neutral levels, indicating lost bullish steam.
Long-term Sentiment (weeks to months): Bullish
Despite the severe recent correction, the price remains well above the rising 50-week (187.60) and 200-week (77.48) SMAs. The chart shows a decisive breakout from a multi-year accumulation base, suggesting a long-term trend change.
Report Metadata
- Timeframe: weekly
- Generated at: 2026-02-16T02:09:58.893Z
- Model: gemini-3-pro-preview
Support Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $190.00 | $180.00 - $200.00 | Strong | Confluence of the rising 50-week SMA and previous consolidation structures. |
| $145.00 | $140.00 - $150.00 | Strong | Aligns with the lower Bollinger Band and the upper boundary of the multi-year base breakout zone. |
| $77.50 | $75.00 - $80.00 | Weak | Long-term 200-week SMA, currently far below price action. |
Resistance Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $400.00 | $390.00 - $410.00 | Strong | The 20-week SMA (Bollinger Band basis) which previously acted as support, now likely flips to resistance. |
| $675.00 | $650.00 - $700.00 | Weak | Upper Bollinger Band and area of recent high volatility wicks. |
Potential Chart Patterns in Formation
| Strength | Pattern | Signal | Target | Details |
|---|---|---|---|---|
| Strong | Blow-off Top | Bearish | $187.60 | A parabolic price increase followed by a sharp and immediate reversal, indicating exhaustion of buyer momentum. |
| Strong | Multi-year Base Breakout | Bullish | N/A | Price broke out of a prolonged consolidation range (2022-2024) with massive volume. The current move is a retest/correction within this broader new trend. |
Frequently Asked Questions about ZEC
What is the current sentiment for ZEC?
The short-term sentiment for ZEC is currently Bearish because Price has lost the 20-week SMA (basis) and is correcting sharply from highs. MACD shows a confirmed bearish crossover with expanding negative momentum. RSI has dropped to neutral levels, indicating lost bullish steam.. The long-term trend is classified as Bullish.
What are the key support levels for ZEC?
StockDips.AI has identified key support levels for ZEC at $190.00 and $145.00. These levels may represent potential accumulation zones where buying interest could emerge.
Is ZEC in a significant dip or a Value Dip right now?
ZEC has a Value Score of 35/100. It is not currently flagged as a significant dip in the Top Dips list. It is not listed as a Value Dip because the long-term sentiment or value-score threshold does not qualify.
View the full interactive analysis on StockDips.AI.