Zcash Price Is Flashing a Warning Sign for Bitcoin and Ethereum

Zcash has come under short-term selling pressure after a 10-month rally in which it gained 147% year-to-date, with the privacy coin slipping below short-term moving averages. Its daily chart remains relatively strong, with RSI around 55 and price above longer-term averages; support at $1,249 could expose $1,131 if broken, while reclaiming $1,354 and $1,405 would indicate buyers defending the rally. Bitcoin near $76,000 has daily RSI around 38.5, with a break below $74,845 potentially opening $73,253. Ethereum near $2,247 has RSI around 40, support at $2,197 and resistance at $2,265. Zcash's NU7 network upgrade went live this week.