Zcash holds steady as Cardano and XRP test support

Zcash (ZEC) is trading around $1,208 on November 4, holding above key support levels while Cardano (ADA), XRP, and Near Protocol (NEAR) face bearish technical setups in the cryptocurrency market. Zcash has moved sideways since reaching a peak near $1,700 in late September, after a rally that began around $500 in August. The coin remains above its longer-term moving averages, suggesting the broader bullish trend is intact despite weakening short-term momentum. Traders are watching the $1,300 resistance zone, where Zcash has struggled to hold ground.

Source: The Currency Analytics