Zcash’s recovery stalls below the $1,240.13 daily EMA20 resistance

On October 23, 2026, the Zcash price trades at $1,235.81 on Binance with a neutral daily bias. The longer-term bullish EMA structure remains intact, yet price sits below the daily EMA20. The dominant force is a contest between recovery momentum and overhead resistance, not a confirmed breakout. Key takeaways ZEC trades at $1,235.81 on Binance with a neutral daily bias, caught between recovery momentum and the daily EMA20 resistance at $1,240.13. The daily EMA structure remains bullishly aligned (EMA50 at $1,191.32, EMA200 at $809.91), but price has not reclaimed its shorter-term moving average. Daily RSI sits at 48.4 and is declining, while the MACD histogram has turned positive — the two indicators offer conflicting signals.

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