Zcash rallies to $1,300 high before bearish signals emerge
Zcash (ZEC)
Editor:
Eugene Serbin
Bitcoinethereumnews.com reported that Zcash (ZEC) recently surged to a ten-year high of nearly $1,300 before bears erased much of the gains. The privacy coin remains a top digital asset, though it is currently the worst-performing top 100 cryptocurrency with an 8.5% loss on September 11. Analyst Ali Martinez highlighted that the TD Sequential indicator flashed a sell signal on the 3-day chart, noting that a previous appearance in May resulted in a 64% price correction.
Additional bearish factors include ZEC’s RSI soaring above 70 and a shift from self-custody to centralized platforms increasing selling pressure. Meanwhile, Cardano (ADA) trades above $0.20, with user Sssebi forecasting a pump to $0.30 if the price reclaims $0.25. Martinez also noted a buy signal for ADA, while user Cup predicted an altseason explosion to an all-time high of $8.
Conversely, Alex Marzell identified $0.2051 as the shelf where the run started. Ethereum (ETH) hovers near $2,500, with Ted and Michael van de Poppe suggesting breaks above $2,550 or $2,520 could fuel a rally to $3,000. X user Gerla expects a drop to $2,000 before a jump to $4,000, citing an inverted head-and-shoulders pattern.
How the market reacted
Whalio's own Binance spot order flow for ZEC, measured when this story was written up on 11 September 2026. Not the outlet's figures.
Zcash is trading at $1,079.96 with a 1-hour buy ratio of 47.6% and a 4-hour ratio of 49.7%, both below the 24-hour ratio of 45.8%. The volume delta shows net selling of $515,582 over the last hour and $959,941 over four hours, indicating immediate selling pressure. Over 24 hours, the volume delta is negative at -$28,903,687, confirming that sellers are dominating the flow. Despite this, the cumulative volume delta (CVD) closed at +$2,598,913, showing that net buying occurred for 12 of the last 24 hours. This suggests that while short-term momentum is bearish, there has been sustained accumulation over the full day.
The latest daily buy ratio of 52.9% sits at the 82nd percentile of the last 322 days, against a median of 50.2% - stronger buying than most days.
Was that an ordinary day?
The same Binance spot measurements for ZEC, averaged over the days leading up to the story.
The current 24-hour buy ratio of 45.8% is lower than the 7-day average of 51.0%, indicating a shift toward selling relative to the recent week. Volume has increased to 1.30 times the average, showing heightened activity compared to the preceding seven days. Over the past eight days, the price has risen by 13.4%, with a total volume delta of +$11,917,619. Today’s lower buy ratio suggests that the recent uptrend is facing resistance, even as volume remains elevated. This represents an unusual day for the coin, characterized by higher volume but a decline in buying dominance compared to the weekly norm.