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Altcoins & DeFi

Zcash needs a daily close above $1,287.45 to confirm recovery

Image: The Cryptonomist

On November 8, 2026, the Zcash price stands at $1,269.57 on Binance , above all three daily EMAs but below the daily pivot at $1,287.45 . Short-term momentum is not confirming a clean continuation. The daily trend carries more weight than the execution charts. Key takeaways Zcash trades at $1,269.57 on Binance, above the daily EMA20, EMA50 and EMA200, keeping the daily structure bullish. The daily pivot at $1,287.45 remains untested; a daily close above it would confirm a recovery toward R1 at $1,338.27. Intraday charts show price below their EMAs, with a widening negative 15-minute MACD histogram warning of deteriorating short-term momentum. Daily RSI at 50.8 offers no strong momentum confirmation for either direction.

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