Zcash (ZEC) rose 11.16% in the latest session to $1,635.01, extending a breakout that began in late August after the token traded between about $390 and $530 during the summer. Crypto analyst Jesse Oslen identified a bearish divergence and reversal candle, suggesting a possible retest of support despite bullish higher-time-frame structure. The 20-day exponential moving average (EMA), near $1,262.71, is the main level to watch if the price retreats. Derivatives volume increased 9.74% to $7.66 billion, while open interest rose 14.67% to $3.27 billion. Separately, 21Shares launched a physically backed Zcash exchange-traded product (ETP) in Europe under the ticker ZCASH, listed on Euronext Amsterdam and Euronext Paris.