Zcash's currency price rose in latest intraday trading amid attempts to recoup some recent losses with the dominance of the downward correctional trend in the short term, while also impacted by trading below the 50-candle SMA, while the Stochastic reached overbought levels compared to the price's movement, hinting at negative divergence.

Therefore we expect the price to fall in upcoming trading as long as the resistance of $46.35 holds on, targeting the support of $39.80.

Todays price forecast: Bearish