Will Zcash’s Bullish Dance Beat the Market Blues?

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Down it tumbled, Zcash, like a gull on an unforgiving beach. A steep 21% slide in a lone day and a lugubrious seven-day dip nearing 33%. The month turned its back on hope, yet through the fog, the heart of three months beats with a 780% rise. A peculiar dance, indeed, a rally none but the sturdy can claim.

Within its rhythmic bounds, Zcash navigates a bullish pattern, each grand leap since autumn’s gaze, guided faithfully. Touching now the lower thread of that metallic web, a lifeline, that, if profaned, could spell doom for the long hanker for days more kind. Two arcane metrics do suggest: the sellers might be loosening their grip, but to keep that vital line safe, ZEC must bend but never snap.

Momentum Weakens, but Pressure May Be Easing

The first tease comes from the RSI, an odd fellow dancing on a 0-100 scale. From September’s last breath to December’s first promise, a convoluted ballet unfolded-price found a peak while RSI sank low, a divergence mocking the norms, often at punch-drunk exhaustion points. Now, RSI tiptoes near its sorrowful plains. Once, around August 19, ZEC rose anew when this ground faced.

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Enter CMF, a captain of market winds, watching how the giant wallets drift and shift. The descent since November 6 mirrored by a plummet in CMF. On the twenty-fourth, it crossed into shadow, first since October’s wane, and heavy were its tears. But now, it leans to the light, seeking that fateful line between gain and fall.

Matters it does, for its own trickery shows: Where from November’s strangle to December’s first dawn, price made its peak while CMF soared above, hinting at grand old buyers eager to bloom. Should CMF brave past the zero marker and outstrip the falling line, ZEC could twirl towards hope yet again.

But lo, the worth of these signs hinges on the bulwark-the lower channel support clinging to existence.

Correlation Shift and Key Zcash Price Levels That Decide the Trend

Before the strife, Zcash rode on waves separate from Bitcoin‘s endless chase. In twelve faint moons, their dance lay near -0.05. When Bitcoin stumbled, ZEC vaulted skyward.

Yet this week, the dance turned, a mild harmony of 0.48. Still, relative to the raucous chorus, ZEC sings a different song, but Bitcoin’s fall has sent it tumbling with the herd.

Hence, those levels of price, they weigh and measure fate:

ZEC holds its breath above destiny’s line at $348, guardian of the channel’s lower embrace. A close beneath, a path is cleared to $309, and from there, a shiver to $230, where, once, stalwart buyers grasped hope.

Beneath $230, woes could yet unfold. Even Max Keiser, that pioneering sage, foretold:

The $ZEC ‘pump ‘n drop’ tale ends. A weary journey back to $55 seems writ in the sands.

Only Bitcoin stands; the rest but mirrors of chance.
– Max Keiser (@maxkeiser), November 28, 2025

For Zcash to claw skyward, the $592, that Fibonacci kiss at 0.618, must be reclaimed. A leap of 63.9% from where it now lies-a giant’s jump, but not unseen in ZEC’s storied past.

If CMF recovers its strength, and the old bonds with Bitcoin loosen, Zcash may yet wrap itself in that bullish guise. Yet should $348 crumble, a kingdom awaits no more, at least for now.

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2025-12-01 10:18