What to know:
- ZEC forms a rounded bottom, signaling the recovery phase.
- Strong support at $300–$320 confirms buyer interest.
- RSI and MACD show bullish momentum with slowing strength.
- Foundry pool launch boosts network growth and transparency.
Zcash (ZEC) 12-hour chart shows a clear transition from a prolonged downtrend into a recovery phase, as of 14 April 2026. A rounded bottom pattern has formed, indicating accumulation.
Buyers are gradually gaining control as selling pressure fades, supported by recent bullish candles pushing the price higher.
A strong support zone is established between $300 and $320, previously acting as both resistance and support. The recent bounce from this level confirms its strength.
Holding above this area signals a higher low, suggesting bullish structure and increasing confidence among buyers.
The key resistance lies near $420 to $450, where the price faced repeated rejection earlier. This zone remains critical for trend continuation.
A breakout above it could push the price toward $500 and $560, while rejection may trigger a pullback toward support levels again, according to the crypto analyst Sjuul.
Also Read: Zcash (ZEC) Price Surges 49% Weekly: Is a Massive $500 Breakout Next?
Momentum Indicators Show Strength With Caution
From an indicator perspective, the RSI (14) currently stands at 72.97, while its moving average is near 74.56, both positioned in the overbought zone.
This indicates strong bullish momentum dominating the trend, but also signals a rising risk of short-term correction as buying strength may gradually weaken.
The MACD chart indicates that the MACD line is at 33.25, which is above the signal line at 32.01, with a histogram value of about 1.23.
It suggests that the bulls are still dominant, although the slight decrease in the histogram suggests that the momentum is slowing.
Network Growth Adds Fundamental Support
Foundry Zcash Pool is officially live. Since our announcement last month, we’ve seen rapid hashrate growth reaching 30% of network hashrate.
Institutional miners have been looking for compliant, purpose-built ZEC infrastructure, and we’re proud to deliver it. Additionally, as ZEC continues to grow, we wanted to give the community a dedicated place to see it happening in real time.
Today , we’re proud to introduce Zcashinfo.com, a new block explorer with real-time pool rankings, hashrate distribution, block data, network difficulty trends, and more.
Built for the Zcash community, this growing transparency and network strength could also support a potential upside in ZEC price moving forward.
This article contains market analysis and price predictions. These are not guarantees. Crypto markets are volatile. Always DYOR. Not financial advice.
Also Read: Zcash (ZEC) Price Eyes $440 Breakout as Bullish Momentum Strengthens
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