Zcash price it continues to attract a lot of market attention despite falling a whopping 9% from its recent high near $652. The recent correction dragged the price of ZEC below the key $600 level, breaching the support area around $604 and increasing short-term pressure. Meanwhile, resistance near $680 has reduced the second strong move this month, indicating a resumption of similar prices seen in November 2025.
With the signal entering another important consolidation phase, traders are now looking closely at whether the historical trend will repeat itself with a deep correction below $200, or if the current pullback will lead to a strong bullish reversal and open the way to $700.
Bulls Protect $530 While Bears Block $680-Here’s What’s Next!
The price of ZEC also shows a repeatable structure similar to the rally witnessed back in November 2025. After facing rejection near the main resistance area around $680 to $700, the price has entered a correction phase and dropped below the immediate support at $604. it was already up.
The CMF is moving down to the middle range, indicating an outflow of funds from the platform. Besides, the DMI is heading for a bearish crossover which will confirm a bearish reversal once it happens. Therefore, the support of $605 is very important, because a daily close above this level can prevent a drop below $530. A recovery above these levels can open the doors to $680; however, strong consumer awareness is needed for this to continue to explode.
Will ZEC Price Rise To $700 This Month?
The price of Zcash remains in key areas as the market continues to witness a battle between bullish continuation and short-term profit-taking pressure. Although the recent rejection near the resistance area of $680 has led to another correction phase, the broader trend still shows that the bulls are trying to control the main support levels.
The ongoing consolidation near the upper resistance band indicates that ZEC may be preparing for a major move in the coming sessions. If the bulls retrace $604 and continue to the major trading area near $700, the rally could continue to the next target above $750.
However, failure to defend the necessary support near $530 could weaken the structure and slow down further expansion.
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