Zcash

Date:&nbsp;Wed, Nov 26, 2025 | 09:10 AM GMT
The broader cryptocurrency market is showing signs of recovery after last week’s intense volatility, which dragged Ethereum (ETH) as low as $2622 before bouncing back above $2900. While many <a href="https://coinsprobe.com/spx6900-spx-to-surge-further-key-harmonic-pattern-hints-at-potential-upside-move/" rel="noopener noreferrer nofollow">altcoins</a> have shifted into green territory, privacy-focused token <a href="https://x.com/CoinsProbe/status/1992131983309414565" rel="noopener noreferrer nofollow">Zcash (ZEC)</a> remains under pressure.
The asset has logged a sharp 16% decline over the past week, driven by a key technical breakdown that now suggests more downside may be on the horizon.
<img src="https://academy-public.coinmarketcap.com/optimized-uploads/965da6d4acc942dc9d0beb66ce0c0017.png">Source: Coinmarketcap
<h2 id="ascending-triangle-breakdown">Ascending Triangle Breakdown</h2>
On the 4-hour chart, ZEC had been trading within an ascending triangle — a typically bullish formation that favors upward continuation when buyers manage to break resistance with momentum. But after several failed attempts to clear the neckline around $716, bullish strength started fading.
The turning point came when ZEC broke below both the ascending trendline and the 100 moving average near $589. This triggered a wave of selling pressure, pulling the price sharply lower toward $469.69. From there, ZEC attempted for a retest.
<img src="https://academy-public.coinmarketcap.com/optimized-uploads/8f7d7242972d47a48a7baf5f1ac8d699.png">Zcash (ZEC) 4H Chart/Coinsprobe (Source: Tradingview)
The retest pushed the price back toward the breakdown trendline around $608, which aligned perfectly with the 100-period moving average. Sellers defended this zone firmly, rejecting the retest and sending ZEC lower once again. The asset has now slipped back to the $500 region, reinforcing the bearish continuation signal.
<h2 id="what-s-next-for-zec">What’s Next for ZEC?</h2>
As long as ZEC trades below the neckline resistance and remains under the 100-MA barrier, the bears hold firm control. A breakdown below the recent swing level of $469.69 could accelerate momentum to the downside, exposing the next major support near $330.47 — which represents the measured target from the triangle structure.
On the other hand, if buyers unexpectedly reclaim strength and push ZEC back above the 100-MA, the bearish structure would weaken, allowing room for a temporary recovery phase. But for now, the chart continues to lean toward a deeper correction.
Disclaimer: The views and analysis presented in this article are for informational purposes only and reflect the author’s perspective, not financial advice. Technical patterns and indicators discussed are subject to market volatility and may or may not yield the anticipated results. Investors are advised to exercise caution, conduct independent research, and make decisions aligned with their individual risk tolerance.
Read Also: <a href="https://coinsprobe.com/pi-network-pi-approaches-key-resistance-is-a-breakout-on-horizon/" rel="noopener noreferrer nofollow">Pi Network (PI) Approaches Key Resistance – Is a Breakout on Horizon?</a>

Zcash (ZEC) To Dip Further? Key Breakdown and Retest Hints at Potential Downside Move

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