Zcash Pulls Back from Recent High as Hyperliquid and Avalanche Test Critical Levels

Zcash has retreated from its recent high of $1,600 after a sharp rally earlier this week.

The cryptocurrency is currently trading near $1,443 and faces a period of reduced momentum.

Despite the pullback, Zcash's technical outlook remains constructive, with the asset holding well above its major moving averages, which are all trending upward.

ZEC's correction appears more like an overdue cooldown after a rapid advance, with the $1,400-$1,450 area now key for determining whether the bullish trend can continue or if a deeper retreat toward $1,300-$1,350 becomes likely.