Zcash (ZEC) Price Analysis for January 17
Analysis
Price Impact
MedZcash (zec) has declined by 2.13% and the analysis suggests a continued bearish trend across hourly, daily, and midterm charts, indicating further potential price drops.
Trustworthiness
MedThe analysis relies on technical chart patterns and identified support levels, which are standard methods in crypto technical analysis. however, market predictions are inherently uncertain.
Price Direction
BearishHourly chart suggests a drop to $390 if local support breaks. the daily chart predicts a test of $370-$380. the midterm view indicates a potential decline to the $300 zone if the $371 level is breached.
Time Effect
ShortThe bearish scenarios are anticipated 'soon,' 'over the next few days,' and 'until the end of the month,' indicating a short-term to medium-term outlook.
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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 weekend has started with a continued market correction, according to CoinStats . Advertisement ZEC chart by CoinStats ZEC/USD The price of Zcash (ZEC) has declined by 2.13% since yesterday. Image by TradingView On the hourly chart, the rate of ZEC is looking bearish. If a breakout of the local support at $399.43 happens, the drop is likely to continue to the $390 zone soon. Image by TradingView On the bigger time frame, there are no reversal signals yet. If the daily candle closes around the current prices or below, traders may witness a test of the $370-$380 range over the next few days. Image by TradingView From the midterm point of view, the situation is similar. If the bar closes below the $371 level, the energy might be enough for a further decline to the $300 zone. You Might Also Like Fri, 01/16/2026 - 16:56 Bitcoin (BTC) Price Analysis for January 16 By Denys Serhiichuk Such a scenario is relevant until the end of the month. ZEC is trading at $399.52 at press time. #ZCash Price Prediction