2026-02-03 08:42:00

$ZEC On February 3rd, news reports that the price of Zcash has tested a key technical support zone near $290 after several weeks of correction. At the time of writing, ZEC is trading at $289, down approximately 1.7% in the past 24 hours. Amid a slight recovery in the digital asset market, Zcash remains relatively weak and is one of the few mainstream privacy tokens still in a downtrend channel.

Looking at the trend, ZEC has fluctuated sharply between $282 and $401 over the past week, but the overall direction is clearly bearish, with a 7-day decline of about 21% and a 30-day retracement approaching 43%, nearly erasing all gains made by the end of 2025. Trading activity has also decreased, with 24-hour trading volume dropping to around $423 million. The derivatives market has cooled down as well, but open interest has slightly increased, indicating that some funds are choosing to wait and see rather than fully exit.

ZEC4.64%

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