Market Overview
The short-term trend is bullish on D1 with strong momentum and rising volatility. Moreover market sentiment is cautious overall: Fear & Greed sits at 24 (Extreme Fear), which implies lower conviction despite price strength. In contrast BTC dominance is high, at 58.1987460989518%, so liquidity rotation favors large caps; therefore alt impulse can be fragile.
Technical Analysis
Daily Chart (D1)
| Indicator | Value |
|---|---|
| EMA20 | 386.64 |
| EMA50 | 269.28 |
| EMA200 | 123.19 |
RSI: 88.49 — very overbought, which suggests consolidation or a pullback can occur despite trend. As a result buyers are dominant but tiring.
MACD: line 87.41, signal 67.04, hist 20.38 — bullish momentum with expanding histogram, indicating trend acceleration. Therefore trend continuation is likely while the MACD gap stays wide.
Bollinger Bands: mid 361.17, upper 568.33, lower 154.00 — price above the upper band, which often signals an extended move and potential reversion. Meanwhile width is elevated, so volatility is high.
ATR14: 72 — higher absolute volatility on daily bars, implying wider stops are required. Consequently trade management should account for larger swings.
Pivot: PP 604.29, R1 683.42, S1 543.59 — price currently above PP and near R1, which acts as immediate resistance and target. Therefore R1 and S1 frame the near-term trade bias.
Main scenario based on D1: bullish. The daily regime is tagged bullish in the data, so the primary bias favors continuation while daily momentum holds.
Intraday Sentiment (Zcash price action)
H1 shows bullish structure: EMA20 589.36 above EMA50 541.43, and EMA200 448.64 well below, with RSI 69.83 indicating strong intraday momentum. Moreover H1 MACD has a positive histogram (2.25), which supports continued upside on pullbacks.
M15 shows a near-term neutral-to-fading short impulse: EMA20 622.89 slightly above EMA50 602.34, RSI 52.34 and MACD histogram -1.68, implying short-term consolidation. In contrast D1 is strongly overbought, so intraday weakness can be a buy opportunity.
Key Levels and Pivot Zones
| Zone | Price (USDT) |
|---|---|
| Support | 543.59 |
| Resistance | 683.42 |
Price tends to respect the pivot band: consequently a close above R1 683.42 would confirm further extension, while failure there often leads to re-tests of S1 543.59. Therefore use these levels for entries and exits.
Trading Scenarios
Bullish setup: If confirmed by a sustained D1 close above R1 (683.42) and MACD staying positive, target measured extensions and use ATR-based stops. If confirmed, traders can add on pullbacks to EMA20 with tight intraday confirmation.
Bearish setup: However if price rejects at R1 and RSI rolls down from extreme D1 readings, watch for a drop toward S1 (543.59) or the PP (604.29) as invalidation zones. On the other hand a daily close below PP would shift the bias to neutral.
Neutral range: Meanwhile between PP 604.29 and R1 683.42 price may consolidate; in addition range traders can fade extremes and target the mid-pivot for short-term gains.
Market Context
| Metric | Value |
|---|---|
| Total Market Cap | 3411052571435.4414 |
| BTC Dominance | 58.1987460989518 |
| Fear & Greed Index | 24 |
Indeed macro liquidity is pulling back with total market cap down ~2.47% (market data), which can pressure alts. Moreover DeFi metrics such as DeFi TVL are not provided in the facts, but on-chain flows should be monitored for re-acceleration of demand.
Final Outlook — Zcash ZEC
Overall the bias is bullish on D1, yet conditions require caution: RSI is stretched and volatility is elevated, so expect intermittent pullbacks. In conclusion trade with trend but size positions for ATR-based risk and use R1/S1 pivots for entries.
This analysis is for informational purposes only and does not constitute financial advice.
Readers should conduct their own research before making investment decisions.
Source: https://en.cryptonomist.ch/2025/11/07/zcash-zec-analysis-d1-bullish/