{"id":441847,"date":"2026-11-10T19:40:10","date_gmt":"2026-11-10T12:40:10","guid":{"rendered":"https:\/\/www.swingfish.trade\/blog\/market-news\/zcash-remains-stuck-in-a-range-as-macro-headwinds-continue-to-limit-the-upside-whats-next-441847\/"},"modified":"2026-11-10T19:40:10","modified_gmt":"2026-11-10T12:40:10","slug":"zcash-remains-stuck-in-a-range-as-macro-headwinds-continue-to-limit-the-upside-whats-next","status":"publish","type":"post","link":"https:\/\/www.swingfish.trade\/blog\/market-news\/zcash-remains-stuck-in-a-range-as-macro-headwinds-continue-to-limit-the-upside-whats-next-441847\/","title":{"rendered":"Zcash remains stuck in a range as macro headwinds continue to limit the upside. What’s next?"},"content":{"rendered":"
\n

Zcash has recently
\n completed its major NU7 network upgrade, which went live on November 6. The
\n upgrade reduced the target block time from 75 seconds to 25 seconds, making
\n private payments significantly faster. It also introduced changes to
\n transaction fee allocation to support future mining rewards. <\/p>\n

Meanwhile,
\n developers are already discussing a further reduction in block times to 20
\n seconds through a potential NU7.1 upgrade. These developments provide a
\n positive fundamental backdrop, although the macroeconomic and geopolitical drivers
\n will remain important drivers of ZEC’s near-term price action. <\/p>\n

We had some
\n positive headlines yesterday that increased hopes for a US-Iran deal, although
\n no concrete breakthrough has been achieved yet. <\/p>\n

Today, the focus
\n will be on the US CPI report. The Y\/Y figures will be unavailable because of last
\n year’s government shutdown. All eyes will be on the Core CPI M\/M.<\/p>\n

Fed\u2019s Waller has
\n already signalled that he would support a December rate hike even if October
\n inflation improves compared with September. More importantly, he said that a Core
\n CPI reading of 0.3% or higher could justify a larger 50 bps hike.<\/p>\n

A more hawkish Fed
\n without an end to the Iran war is going to weigh heavily on Zcash and the \u00a0crypto market in general.<\/p>\n

\u00a0<\/p>\n

ZCASH TECHNICAL ANALYSIS \u2013 DAILY TIMEFRAME<\/p>\n<\/p>\n

On the
\n daily chart, we can see that Zcash<\/a>eventually rejected the 1,380
\n resistance and erased most of last week\u2019s gains. The price remains stuck in a
\n wide range, with the 1,031 level acting as support. If the price gets there, we
\n can expect the buyers to step in, with a defined risk blow the support, to
\n position for a rally back into the 1,380 resistance. The sellers, on the other
\n hand, will look for a break lower to increase the bearish bets into the major
\n upward trendline around the 800.00 level.<\/p>\n

ZCASH TECHNICAL ANALYSIS \u2013 4 HOUR TIMEFRAME<\/p>\n<\/p>\n

On the 4
\n hour chart, we have a downward trendline defining the bearish momentum. If we
\n get a pullback, we can expect the sellers to lean on the trendline, with a
\n defined risk above it, to keep targeting the support. The buyers, on the other
\n hand, will look for a break higher to pile in for a rally into the resistance.<\/p>\n

ZCASH TECHNICAL ANALYSIS \u2013 1 HOUR TIMEFRAME<\/p>\n<\/p>\n

On the 1 hour chart, there\u2019s
\n not much we can add here as the sellers will have a better risk to reward setup
\n around the trendline, while the buyers will need a break above the trendline or
\n a move into the support. The red lines define the average daily range<\/a> for today.<\/p>\n

UPCOMING CATALYSTS<\/p>\n

Today<\/a> we have the US CPI report. On Thursday, we get the latest US Jobless
\n Claims figures. On Friday, we conclude the week with the US PPI data.<\/p>\n

This article was written by Giuseppe Dellamotta at investinglive.com.<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"

Zcash has recently completed its major NU7 network upgrade, which went live on November 6. The upgrade reduced the target block time from 75 seconds to 25 seconds, making private payments significantly…<\/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-441847","post","type-post","status-publish","format-standard","hentry","category-market-news"],"_links":{"self":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/441847","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=441847"}],"version-history":[{"count":0,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/441847\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/media?parent=441847"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/categories?post=441847"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/tags?post=441847"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}