š¢ ZEC Update ā 23 Aug 2026
ZEC ā $805 and is in a very strong bullish move. It hit around $855 today and is up sharply on the week.
š¢ Support: $790ā800
š„ Major support: $750ā765
š Resistance: $850ā855
šÆ Break above $855 ā $900ā950 possible
ā ļø Losing $750 ā deeper pullback risk
Catalyst: Strong ETF speculation around Grayscale's Zcash ETF, with a potential NYSE Arca launch reported for Aug. 25.
Bias: š¢ BULLISH ā but extremely volatile. After such a large pump, avoid chasing; a retest of $790ā800 would be healthier.$ZEC
ZEC ā $805 and is in a very strong bullish move. It hit around $855 today and is up sharply on the week.
š¢ Support: $790ā800
š„ Major support: $750ā765
š Resistance: $850ā855
šÆ Break above $855 ā $900ā950 possible
ā ļø Losing $750 ā deeper pullback risk
Catalyst: Strong ETF speculation around Grayscale's Zcash ETF, with a potential NYSE Arca launch reported for Aug. 25.
Bias: š¢ BULLISH ā but extremely volatile. After such a large pump, avoid chasing; a retest of $790ā800 would be healthier.$ZEC