Zcash retreats from $1,300 to $1,140 amid Fed rate hike expectations
- —ZEC trades at $1,140 with $1.4 billion in volume, more than 7% of market cap
- —ZEC has gained about 116% since the start of 2026
- —Shielded transactions hit a two-year high, at 56% of network activity
- —Bearish RSI divergence points to a pullback risk toward $850
Why it matters: ZEC's direction depends on the Fed's September 16 decision, and a pullback to $850 could prove a dip within an uptrend targeting $2,500.
Source: Invezz