Zcash Price Drops Below $500 as Analysts Eye $460 Support Level

Zcash has seen its price drop to below $500, with analysts now focusing on the $460 support level.

The cryptocurrency's price has fallen by 4.44% over the past 24 hours, reaching a low of $477.01 and sustaining selling pressure.

Analysts are currently targeting a range of $360 to $528.75 for Zcash, depending on whether it can hold onto its previous support level.

If this trend continues, the long-term target of $674 could be in sight.