{"id":441017,"date":"2026-10-28T19:40:14","date_gmt":"2026-10-28T12:40:14","guid":{"rendered":"https:\/\/www.swingfish.trade\/blog\/market-news\/zcash-extends-gains-as-geopolitical-fears-ease-ahead-of-the-fomc-decision-whats-next-441017\/"},"modified":"2026-10-28T19:40:14","modified_gmt":"2026-10-28T12:40:14","slug":"zcash-extends-gains-as-geopolitical-fears-ease-ahead-of-the-fomc-decision-whats-next","status":"publish","type":"post","link":"https:\/\/www.swingfish.trade\/blog\/market-news\/zcash-extends-gains-as-geopolitical-fears-ease-ahead-of-the-fomc-decision-whats-next-441017\/","title":{"rendered":"Zcash extends gains as geopolitical fears ease ahead of the FOMC decision. What&#8217;s next?"},"content":{"rendered":"<div>\n<p class=\"MsoNormal\" style=\"font-family: Aptos, sans-serif;margin: 7px 0;line-height: normal;font-size: 15px\">Zcash extended<br \/>\n        the gains yesterday as renewed hopes for a US\u2013Iran deal helped improve risk<br \/>\n        sentiment across crypto markets. Reports that Iran&#8217;s security chief met with<br \/>\n        Supreme Leader Khamenei raised hopes of a potential agreement. However, a<br \/>\n        sustained recovery in ZEC will likely require more concrete progress, as setbacks<br \/>\n        or renewed tensions could quickly reverse recent gains.<\/p>\n<p class=\"MsoNormal\" style=\"font-family: Aptos, sans-serif;margin: 7px 0;line-height: normal;font-size: 15px\">There<br \/>\n        might also be some pre-positioning ahead of the upcoming NU7 network upgrade,<br \/>\n        targeted for early November. The upgrade is expected to reduce block times from<br \/>\n        75 seconds to 25 seconds and introduce changes to the network&#8217;s fee mechanism,<br \/>\n        potentially improving transaction speed and long-term sustainability. Although,<br \/>\n        Zcash-specific catalysts can provide support for the cryptocurrency in the<br \/>\n        short-term, the macro fundamentals will still dictate the general trend.<\/p>\n<p class=\"MsoNormal\" style=\"font-family: Aptos, sans-serif;margin: 7px 0;line-height: normal;font-size: 15px\">The focus<br \/>\n        today will also be on the FOMC decision, with the Fed widely expected to leave<br \/>\n        interest rates unchanged. With no new projections or dot plot expected, the<br \/>\n        attention will be on Fed Chair Warsh&#8217;s comments and the statement&#8217;s language. A<br \/>\n        hawkish surprise could strengthen growth concerns and weigh on ZEC amid general<br \/>\n        risk aversion. A neutral hold that avoids signalling imminent tightening, on<br \/>\n        the other hand, could support a relief rally in the cryptocurrency.<\/p>\n<p class=\"MsoNormal\" style=\"font-family: Aptos, sans-serif;margin: 7px 0;line-height: normal;font-size: 15px\">\u00a0<\/p>\n<p class=\"MsoNormal\" style=\"margin: 0 0 11px;font-family: Aptos, sans-serif;line-height: 104%;font-size: 15px\">ZCASH TECHNICAL ANALYSIS \u2013 DAILY TIMEFRAME<\/p>\n<\/p>\n<p class=\"MsoNormal\" style=\"font-family: Aptos, sans-serif;margin: 7px 0;line-height: normal;font-size: 15px\">On the<br \/>\n        daily chart, we can see that <a href=\"https:\/\/www.tradingview.com\/symbols\/ZECUSD\/\" style=\"text-decoration: underline\" rel=\"follow\">Zcash<\/a>is approaching a major<br \/>\n            resistance zone around the 1,380 level. If the price gets there, we can expect<br \/>\n            the sellers to step in, with a defined risk above the resistance, to position<br \/>\n            for a drop into the 1,031 support. The buyers, on the other hand, will want to<br \/>\n            see the price breaking higher to increase the bullish bets into the 1,692 level<br \/>\n            next.<\/p>\n<p>ZCASH TECHNICAL ANALYSIS \u2013 4 HOUR TIMEFRAME<\/p>\n<\/p>\n<p class=\"MsoNormal\" style=\"font-family: Aptos, sans-serif;margin: 7px 0;line-height: normal;font-size: 15px\">On the 4<br \/>\n        hour chart, we have an upward trendline defining the bullish momentum. The<br \/>\n        buyers will likely continue to lean on the trendline, with a defined risk below<br \/>\n        it, to keep pushing into new highs. The sellers, on the other hand, will look<br \/>\n        for a break lower to pile in for a drop into the 1,031 support next.<\/p>\n<p class=\"MsoNormal\" style=\"margin: 0 0 11px;font-family: Aptos, sans-serif;line-height: 104%;font-size: 15px\">ZCASH TECHNICAL ANALYSIS \u2013 1 HOUR TIMEFRAME<\/p>\n<\/p>\n<p style=\"margin-right: 0;margin-left: 0;font-family: &quot;Times New Roman&quot;, serif;font-size: 16px\">On the 1 hour chart, there\u2019s<br \/>\n        not much we can add here as the sellers will likely wait for the price to come<br \/>\n        into the resistance or break below the trendline, while the buyers will look<br \/>\n        for a break above the resistance or a bounce around the trendline. The red<br \/>\n        lines define the <a href=\"https:\/\/investinglive.com\/Education\/trading-tip-know-the-average-daily-range-adr-20220207\/\" style=\"text-decoration: underline\" rel=\"follow\">average daily range<\/a> for today.<\/p>\n<p class=\"MsoNormal\" style=\"margin: 0 0 11px;font-family: Aptos, sans-serif;line-height: 104%;font-size: 15px\">UPCOMING CATALYSTS<\/p>\n<p class=\"MsoNormal\" style=\"margin: 0 0 11px;font-family: Aptos, sans-serif;line-height: 103%;font-size: 15px\"><a href=\"https:\/\/investinglive.com\/EconomicCalendar\" style=\"text-decoration: underline\" rel=\"follow\">Today<\/a> we have the FOMC rate decision. Tomorrow, we get the US GDP report, the<br \/>\n        US PCE and the latest US Jobless Claims figures. On Friday, we conclude the<br \/>\n        week with the US Employment Cost Index. <\/p>\n<p>                            This article was written by Giuseppe Dellamotta at investinglive.com.<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Zcash extended the gains yesterday as renewed hopes for a US\u2013Iran deal helped improve risk sentiment across crypto markets. Reports that Iran&#8217;s security chief met with Supreme Leader Khamenei raised hopes of&hellip;<\/p>\n","protected":false},"author":216,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[86],"tags":[],"class_list":["post-441017","post","type-post","status-publish","format-standard","hentry","category-market-news"],"_links":{"self":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/441017","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/users\/216"}],"replies":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/comments?post=441017"}],"version-history":[{"count":0,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/441017\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/media?parent=441017"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/categories?post=441017"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/tags?post=441017"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}