Zcash (ZEC) Price Prediction: The Worst May Still Be Ahead

By Afe Funbi

Zcash is under pressure again, and the daily chart tells the story pretty clearly. After that explosive run that topped out near the old highs around $750, the price reversed.

The price has fallen into an old routine: drive up into resistance, get hit down again, and then slide into an area where new buyers may materialize. Currently, the ZEC price is trading near the $278 area after dipping closer to $273.

A look at how the ZEC price swings have unfolded

Prominent analyst Crypto Patel has been laying this move out as a clean sequence of trades that unfolded step by step. He points back to calling ZEC in the low $20s in early 2024, watching it rip all the way into the $700–$750 zone, then warning to exit or short as price started to stall. That call lined up with a sharp 55% drop.

After that dump, the price bounced hard from the $300 area back toward $560, which he flagged as a solid long opportunity. Then came another warning near $500, and once again the ZEC price rolled over and headed lower. Strip away the bragging, and the takeaway is simple: these big levels have mattered, and price has respected them more than once.

$ZEC Update: 3 Perfect Calls. 3 Massive Wins. What’s Next?

Let Me Walk You Through How We Played This:
📍 Feb 2024: Called #ZEC at $20–$24. Everyone Laughed. Said I Was Crazy.
📍 Nov 2025: Price Exploded to $750. +3100% Gains for Believers.
📍 Call #1: SHORT: Told You to… https://t.co/aomdCI4nCH pic.twitter.com/SoyTT9bdzU

— Crypto Patel (@CryptoPatel) February 3, 2026

What really makes this setup interesting is where the ZEC price is hanging out right now compared to those earlier moves. After slipping back into the mid-$200s, price is hovering near an area that acted like a springboard in past pullbacks. 

Things have gone quiet, the wild swings have eased up, and selling doesn’t feel as intense as it did near the top. When price behaves like that, it usually means the market is getting close to showing its hand.

The ZEC chart is pulling price toward lower levels

Looking at the structure now, there are a couple of downside areas standing out. The first is the green zone around $186, marked on the chart as a level with a high chance of being tested. If selling pressure continues, that’s a logical place for the ZEC price to pause and see if buyers step in.

Below that sits a wider imbalance zone tied to higher-timeframe price action. Levels around $134 and even the low $80s come into view here, which lines up with the idea that price may need to dig deeper before any meaningful recovery starts to take shape.

What comes next?

For the ZEC price to stop feeling heavy, a simple bounce won’t cut it. Price needs to reclaim broken levels and stay above them, especially the zones that rejected the last two rallies. Until that happens, downside targets like $186 and potentially lower remain firmly on the radar.

According to CoinCodex’s 1-month ZEC price prediction, Zcash could move toward $426.32, pointing to a more constructive near-term setup if the market manages to stabilize after the recent pullback.

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