Zcash ZEC technical analysis

ZEC trades at $1021.76, up 4.65% in 24 hours, with RSI14 at 76 on the 4-hour and 71 on the daily, indicating strong but overbought momentum within a clear uptrend defined by rising SMA20 values of 931.966 (4h) and 786.785 (1D).

Price is battling resistance at 1,049.17-1,052.23, touched once, while support rests at 978.164-981.216, also touched once. Below that, 931.594-934.646 has one touch, and 886.659-889.711 has two touches on both timeframes, forming the key defense zone.

Bulls need a sustained break above 1,049.17-1,052.23 to extend gains. Bears require a loss of 978.164-981.216, then a slide toward 931.594-934.646 or 886.659-889.711, to shift momentum.