{"id":53835,"date":"2025-11-27T13:16:02","date_gmt":"2025-11-27T13:16:02","guid":{"rendered":"https:\/\/crypto-globe.com\/?p=53835"},"modified":"2025-11-27T13:21:20","modified_gmt":"2025-11-27T13:21:20","slug":"zcash-fell-30-in-november-is-another-price-drop-imminent","status":"publish","type":"post","link":"https:\/\/crypto-globe.com\/en\/zcash-fell-30-in-november-is-another-price-drop-imminent\/","title":{"rendered":"Zcash fell 30% in November, is another price drop imminent?"},"content":{"rendered":"\n

Cryptocurrency<\/strong><\/a> Zcash fell approximately 30% from its peak of $750 in November after a sharp rise and is currently trading in a sensitive technical zone. Analysts warn that a combination of uncertain macroeconomic conditions, weakening momentum, and suspicious marketing hype may indicate an increased risk of a deeper correction.<\/strong><\/p>\n\n\n\n

Symmetrical triangle points to growing risk of deeper ZEC correction<\/h2>\n\n\n\n

On the four-hour chart, ZEC is moving within a symmetrical triangle, reflecting indecision after a previous 1,500% rise. The pattern formed after a rebound from long-term support in the form of the 200-4H EMA and allows for short-term growth<\/a> to around $686. However, symmetrical triangles can break in either direction, and the current market sentiment suggests a risk of decline.<\/p>\n\n\n\n

If sensitive macroeconomic conditions do not improve, ZEC could break through the lower trend line of the formation, which would technically open the way to $282. This level corresponds to the local highs from October and also coincides with the 20-week EMA, making it a significant potential support.<\/p>\n\n\n\n

The break and suspected hype are pushing ZEC towards a possible 60% correction<\/h2>\n\n\n\n

Another warning comes from comparing ZEC’s current parabolic development with the situation at BNB in 2021. According to trader NebraskanGooner, ZEC has lost key parabolic support, which often leads to a correction of around 60%. This would shift the target zone between $220 and $280. At the same time, suspicions of a “pump-and-dump<\/strong>” are emerging, with some analysts pointing to paid marketing offers and fake headlines supporting the hype.<\/p>\n\n\n\n

Despite the bearish signals, some influential investors<\/a> remain optimistic. Arthur Hayes and the Winklevoss brothers believe in the long-term potential of Zcash<\/a> and speculate on prices in the thousands of dollars. In the short term, however, technical formations and market sentiment indicate that ZEC may still face a significant correction.<\/p>\n","protected":false},"excerpt":{"rendered":"

Cryptocurrency Zcash fell approximately 30% from its peak of $750 in November after a sharp rise and is currently trading in a sensitive technical zone. Analysts warn that a combination of uncertain macroeconomic conditions, weakening momentum, and suspicious marketing hype may indicate an increased risk of a deeper correction. Symmetrical triangle points to growing risk […]<\/p>\n","protected":false},"author":2,"featured_media":53836,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"yasr_overall_rating":0,"yasr_post_is_review":"","yasr_auto_insert_disabled":"","yasr_review_type":"","footnotes":""},"categories":[162],"tags":[110,93],"class_list":["post-53835","post","type-post","status-publish","format-standard","has-post-thumbnail","category-crypto","tag-crypto","tag-cryptocurrencies"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t