Zcash Surges to $794 on Overbought RSI Reading of 86.27

Zcash (ZEC) has surged to $794 on August 22, 2026, with its relative strength index (RSI) reading at an extreme 86.27, indicating deep overbought territory.

The daily chart shows a full trend mode with the price above the upper Bollinger Band at $694.68 and the EMA20/EMA50/EMA200 stacked in perfect bullish order.

However, this is where things get complicated as the RSI reading of 86.27 is rarely sustained for long without at least a sharp consolidation or retracement.

The hourly momentum has cooled down with the MACD histogram flipping negative, suggesting that the engine driving the rally may be losing thrust.