Zcash (ZEC) Price Analysis for November 29
Analysis
Price Impact
HighThe analysis suggests potential declines to $438, $400, and possibly even $350-$400 if critical support levels like $440 are breached. this represents a significant downside movement from the current price.
Trustworthiness
MedThe analysis is based on technical chart patterns (support/resistance, false breakouts) provided by a crypto news outlet. while technical analysis provides insight, it is still a predictive model and subject to market volatility.
Price Direction
BearishZec's price fell by 3.60% in 24 hours, experiencing a false breakout of local resistance. all time frames (hourly, bigger, midterm) indicate bearish pressure, with potential for further decline towards $400 and even $350-$400 if key support levels fail.
Time Effect
LongThe analysis covers hourly, bigger time frame, and midterm perspectives, with the midterm view suggesting a potential move to the $350-$400 range, implying a sustained downward trend rather than just a short-term fluctuation.
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Cover image via U.Today Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available. Read U.TODAY on Google News The market is mainly red on the first day of the weekend, according to CoinMarketCap . Advertisement Top coins by CoinMarketCap ZEC/USD The rate of Zcash (ZEC) has fallen by 3.60% over the last 24 hours. Image by TradingView On the hourly chart, the price of ZEC is going down after a false breakout of the local resistance of $472.59. If bears' pressure continues, one can expect an ongoing drop to the $438 support. Image by TradingView On the bigger time frame, the picture is more bearish than bullish as the rate remains near the support level. You Might Also Like Fri, 11/28/2025 - 16:16 DOGE Price Analysis for November 28 By Denys Serhiichuk If buyers cannot seize the initiative, there is a high chance of a more profound decline to the $400 area. Image by TradingView From the midterm point of view, the situation is similar. If a breakout of the $440 level happens, the accumulated energy might be enough for a move to the $350-$400 range. ZEC is trading at $456.60 at press time. #ZCash Price Prediction