Zcash at $1,260: a close above $1,350 opens $1,500, otherwise back to $1,040
- —ZEC recovered to $1,260 from $1,040, with RSI at 64.67
- —Spot ZEC ETFs took in $1.61 million on October 20, all into Grayscale's ZCSH
- —Shielded pools: 20,392 ZEC ($25.46 million) deposited, 24,496 ZEC withdrawn
- —Shielded pools hold about 4.96 million ZEC, or 29.2% of circulating supply
Why it matters: A confirmed close above $1,350 would shift market structure toward $1,500–1,700, while a failure risks a retest of the $1,040 support.
Source: AMBCrypto