Zcash plunged over 20% in 24 hours to $479, extending the correction to 45.6% from $880 peaks reached after a 1,200% rally from October lows close to $32.
The pullback has ignited debate over whether or not weak point signifies a reversal or a setup for continuation, with the token nonetheless up 14% weekly and sustaining its place among the many cycle’s strongest performers.
This dip occurred because the Zcash Basis introduced management appointments, selling Pili Guerra to Head of Engineering and Danika Delano to Chief Working Officer.
Group Maintains Conviction Via Volatility
Analyst Eric Van countered bearish narratives, noting Zcash can fall to a decrease trendline and stay bullish with a better low intact.
He emphasised bearish quantity exhibits exhaustion, with decrease highs carrying much less weight than decrease lows that kind development foundations. Van said he’ll alert followers if real breakdown indicators emerge.
Lot's of bears popping out saying #ZEC goes right into a free fall. Let me carry some impassive actuality again to the forefront. Zcash can fall all the way in which right down to this decrease development line and it's nonetheless bullish as a result of it's nonetheless a better low throughout the total development.
I’m seeing… pic.twitter.com/khp07bSSqv— Eric Van Tassel (Not a Monetary Advisor!) (@XRPathologist) November 10, 2025
Thor Torrens, a former adviser to POTUS, additionally reminded followers that his group purchased at $17, making present costs unfazed.
He responded to authorities acceptance questions by referencing the evolution of HTTPS, stating that governments will use Zcash or stablecoins with zero-knowledge proofs for Web3, as they adopted HTTPS for Web1.
Torrens cited Jerome Powell’s statements about avoiding public ledgers, calling ZEC “hidden in plain sight.“
Sure govts will use Zcash and or stables with zero data proofs for internet 3 for a similar motive they advanced to HTTPS for internet 1
It would develop into the usual on chain
Jerome Powell mentioned it himself – they aren’t fascinated about a public ledger.
Learn between the strains $ZEC hidden… https://t.co/09TK0vZLan pic.twitter.com/6z5zTUzf3a— Thor Torrens (@ThorTorrens) November 11, 2025
At the moment, value consolidates inside a bull flag sample following the late October surge. The hype and pleasure surrounding it constructed up and rallied it all through final month.
Nevertheless, at present’s dip shut would invalidate this bullish streak, doubtlessly delaying the $1000 breakout speculation.
A number of Help and Breakout Zones Await
Ichimoku Cloud evaluation reveals rejection from the pink cloud at $793 after the worth touches resistance.
Present positioning requires holding the orange cloud at $342 for a powerful bounce towards the pink cloud.
Failure to carry may set off a decline to a purple cloud round $160, representing a 66% further drop from present ranges.
In response to the analyst, the framework exhibits excessive greed sentiment with the indicator, suggesting euphoric ranges sometimes marking tops somewhat than midpoints.
A previous warning at $586 predicted a most upside of $600-$1,400 earlier than ZEC peaked close to $880.
There was a parabolic trendline from $32 to $880, which analysts consider signifies a breakdown with typical 60-70% corrections, suggesting targets of round $264-$352, which aligns with the orange cloud help at $342.
Bounces may be unstable throughout parabolic breakdowns, creating counter-trend rallies that entice individuals.
Moreover, liquidity zones determine rapid help at $480-$500 (Zone #1) and secondary help at $420-$440 (Zone #2).
In response to Analyst Ardi, the Bullish Shark harmonic sample round this zone types with 38.2% Fibonacci retracement aligning with the neckline, carrying a 62% historic success charge.
Lack of the primary zone may set off a help check on the second zone earlier than approaching the orange cloud.
At the moment, a profitable maintain at liquidity zones with Bullish Shark completion permits a bounce towards the $525 neckline resistance and doubtlessly $550-$600.
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