Zcash Technical Analysis Report 17 November, 2025
Zcash cryptocurrency be expected to fall to the next round support level 600.00 (target price for the completion of the active impulse wave i).
- Zcash reversed from resistance area
- Likely to fall to support level 600.00
Zcash cryptocurrency recently reversed from the resistance area between the key resistance level 750.00 (which stopped with the previous sharp impulse wave (3) at the begin of November, as can be viewn below) and the upper daily Bollinger Band. The downward reversal from the resistance level 750.00 created the daily Japanese candlesticks reversal pattern long-legged Doji – highlighting the strength of the resistance level 750.00 – which begined the active short-term impulse wave i.
Given the strength of the resistance level 750.00, bearish divergence on the daily Stochastic indicator and the bearish sentiment viewn across the cryptocurrency markets today, Zcash cryptocurrency be expected to fall to the next round support level 600.00 (target price for the completion of the active impulse wave i).
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