Key highlights:
- ZEC is sitting at a price level where the next move could really start shaping what happens from here.
- Two analysts are looking at the same chart but mapping out very different paths, depending on how price behaves here.
- The setup now gives traders a clear view of both a potential bounce and a possible breakdown.
Zcash is slowly drifting into a zone where the chart stops being just background noise and starts asking a real question: who’s actually in control here?
Both charts shared by Ali Martinez and Broke Doomer are pointing to the same thing. Zcash is sitting right on a key support area, and what happens next probably depends on whether buyers step in here or step aside.
The ZEC 4-hour chart makes the risk pretty obvious
On the 4-hour chart shared by Ali Martinez, the ZEC price looks like it’s already played out a classic head-and-shoulders pattern.
The peak near $548 marks the head, while the right shoulder formed below the $453 level. The line that really matters is the neckline around $375. Once the price slipped under that zone, the tone turned bearish, and ZEC quickly drifted into the mid-$350s.
Zcash $ZEC now targets $278.65. pic.twitter.com/WRHnEgp4cM
— Ali Charts (@alicharts) January 21, 2026
That’s why the downside levels on the chart are getting so much attention. If the ZEC price can’t climb back above that broken neckline and keeps trading below it, the market naturally starts looking lower.
The next area traders talk about is sitting around $296.96 and then $278.65. These aren’t random numbers either. They line up with where price often goes when support gives way and liquidity starts being searched for again.
The ZEC daily chart is where the real battle is happening
When you zoom out to the daily chart shared by Broke Doomer, things get even more interesting. The ZEC price is now pressing against the lower edge of a descending channel.
It’s hanging around the $360 area, which also lines up with prior demand and the 200 EMA. This is usually the kind of zone where sellers start losing momentum, not because the trend magically flips, but because buyers finally have a level worth defending.
$ZEC is pressing lower bound of this descending channel on daily.
Price is sitting around 360 zone which lines up with prior demand and 200 EMA area and this is the point where sellers usually slow down.
If this support holds a relief move back toward upper trendline around 500… pic.twitter.com/VV9uS8iVpp
— Broke Doomer🔺 (@im_BrokeDoomer) January 20, 2026
If that defense actually shows up, the ZEC price could still put together a decent relief bounce. In that case, the first magnet sits in the mid-$400s, with the upper channel closer to $500. That would look more like a recovery move than a full trend change, but it would still matter a lot for short-term structure.
What would make either side start to look right
For the bullish case to stay alive, the ZEC price really needs to hold above the $360 zone and avoid a clean breakdown that sticks.
If price loses that floor and doesn’t snap back quickly, attention naturally shifts lower, toward the $300 region first, with $278.65 standing out as the next major downside target.
CoinCodex’s 1-month ZEC price prediction places the token around $499.77, but for that to really make sense, Zcash has some work to do first. It starts with simply holding where it is right now.
As long as the price of ZEC remains above the $360 region, the bullish scenario remains in play. In other words, this could be one of the places where the market is making up its mind about the next story to be written.
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Source:: Zcash (ZEC) Price Prediction: Analysts Map Out Two Possible Scenarios
