Cryptocurrency Circle Liying: On November 28, the trend indicator for Zcash (ZEC) is in a bearish arrangement and has shown a death cross! Latest market analysis and operational advice explained.

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3 hours ago

Cryptocurrency Market Analysis: Latest Trends for Zcash (ZEC)

 Article Published on 2025.11.28—00:30

Before publication, the current price of Zcash is 502.7. The analysis suggests that ZEC is currently in a low-level bottoming phase, with a key support level at 424.8. The technical indicators show mixed signals: on one hand, the appearance of a bullish engulfing pattern suggests a possibility of a rebound; on the other hand, the trend indicators are in a bearish arrangement, and a death cross has recently occurred, indicating that bearish momentum remains strong. Recently, the bearish forces have been strong in the downward fluctuations. There is significant selling pressure from the previous high, and the MACD on the 2-hour chart shows a bearish advantage but with weakening momentum. The three EMA lines are in a bearish arrangement, indicating significant short-term pressure, with market sentiment leaning more towards bearish than bullish. Traders looking to go long should be cautious and avoid risks, with a primary focus on short positions.

Today's Trading Predictions

Long Entry at 495, add long at 490, stop at 485, target at 510

Short Entry at 510, add short at 515, stop at 520, target at 495

The above analysis is based on market data and trend analysis and does not constitute investment advice. It is provided for reference. It is hoped that it can help others with dreams find their place in this unpredictable market and embark on their own successful journey.

 The content of this article is time-sensitive and for reference only; risks are to be borne by the reader.

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