- Ethereum Price Outlook: Ethereum faces resistance near the 20-day Exponential Moving Average (EMA)
Ethereum experienced liquidations totaling $78.3 million over the past 24 hours, driven by $48 million in long liquidations, according to Coinglass data.
On the daily chart, Ethereum is trading at $1,980. The short-term trend remains slightly bearish as the price stays below the 20-day EMA(EMA) near $2,025, keeping the spot price confined below the short-term trend indicator.
The Relative Strength Index (RSI)(RSI) remains in the mid-40s after bouncing from the oversold region, indicating a waning bearish pressure rather than a strong bullish dominance. The Stochastic indicator (Stoch)(Stoch) has fallen from high levels near 70, suggesting a slowdown in upward momentum after the recent rebound, keeping the asset in a consolidation phase rather than resuming a clear trend.
Daily chart of the ETH/USDT pair
Immediate resistance is seen at $2,108, and a break above this level could expose the price to $2,389, while the $2,746 level represents a stronger barrier aligned with the overall correction structure. On the downside, the initial support level is at $1,741, followed by $1,524, with a lower support at $1,405 in case selling pressure resumes.
Maintaining a level above $1,741 preserves the current stability, while a daily close above the 20-day EMA will start to tilt the trend toward bullishness.

📈 Zcash ($ZEC ): War, Privacy, and an Unexpected Tailwind
Market Capitalization: $3.71B.
Zcash is a privacy-focused cryptocurrency that enables fully encrypted transactions using zk-SNARK technology.
🟡 While most blockchains display every transfer in plain sight, ZEC gives users a choice: transparency or complete privacy.
🗣And here's what matters: recent events in the Middle East have unexpectedly become a catalyst for the entire privacy coin sector. In the minutes following the strikes on Iran, crypto outflows from Iran's largest exchange Nobitex surged 700% people were urgently moving capital outside the traditional banking system. This is a real-world illustration of exactly why privacy coins exist in a geopolitically unstable world.
🗣But ZEC has its own story too. In January 2026, the entire Electric Coin Company (ECC) development team resigned amid a governance conflict. This triggered a 20% price drop and widespread panic. However, the protocol itself remained intact, and the developers founded a new independent entity Zcash Open Development Lab (ZODL) to continue development.
What else deserves attention❔
🗣The Winklevoss twins donated $1.16M in ZEC to the independent Shielded Labs group a signal of institutional confidence. Gemini launched a credit card offering up to 4% cashback in ZEC, potentially broadening the coin's audience.
🗣Grayscale announced its intention to convert its Zcash Trust into an ETF. And the 2026 roadmap includes quantum-resistant features and the launch of Ztarknet, a Layer-2 solution for private smart contracts.
Geopolitics is working in Zcash's favor: when the world is unstable, the value of financial privacy rises.
Trade guidelines:📈📉
📈 Holding above $227 - opens the path toward $240–$260.
📉 Break below $203 - risk of correction toward $180.
Conclusion:
Zcash is navigating a governance crisis, but is fundamentally strengthening. Privacy is back on the agenda and ZEC is at the center of that narrative.
📈 Open a trade on $ZEC ‌🔗 Chat • X • JioCoinsX