Zcash falls toward $1,400 after losing $1,500 support

  • Zcash fell toward $1,400 after losing support at $1,500.
  • ZEC traded near $1,412, down 0.4% in 24 hours and 12% weekly.
  • ZEC reached nearly $1,688 over seven days after repeatedly exceeding $1,500 in September.

Zcash has retreated toward $1,400 after slipping below $1,500 support, placing renewed pressure on its September rally. CoinGecko showed ZEC trading near $1,412 at the time of research, down 0.4% in 24 hours and 12% over seven days. The token moved between roughly $1,360 and $1,488 during the latest 24-hour period, while its market capitalization stood near $24 billion and trading volume was around $1.31 billion. ZEC had repeatedly traded above $1,500 during September and reached a seven-day high close to $1,688. Despite the pullback, the privacy-focused cryptocurrency remained up about 70% over 30 days, leaving the latest decline within a broader monthly advance.

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Zcash falls toward $1,400 after losing $1,500 support - CoinPost Terminal