Zcash Price Prediction: Bearish RSI Divergence Sets Stage for Pullback to $850
By Alejandro Arrieche | Published: Sep 13, 2026
Overview
Zcash (ZEC) has recently experienced a significant price surge, reaching $1,300, the highest level since 2016. However, the token has since dropped nearly 6% over the past week, indicating potential volatility ahead.
Market Dynamics
Despite a strong rally, Zcash's price faced resistance at $1,300 due to deteriorating macroeconomic conditions in the U.S. The upcoming Federal Open Market Committee (FOMC) meeting on September 16 is expected to influence market sentiment, with a nearly 90% probability of a rate hike. This has raised concerns about inflation, which is currently above the Fed's 2% target.
Technical Analysis
The Relative Strength Index (RSI) has shown a bearish divergence, suggesting that the positive momentum is weakening. This technical signal often precedes a price correction, leading analysts to predict a potential drop to $850 before any further upward movement.
Long-Term Outlook
Despite the anticipated pullback, Zcash's long-term outlook remains bullish, with a target price of $2,500 following an ascending triangle breakout. The recent migration of shielded tokens to the new Ironwood protocol has bolstered confidence in the Zcash network, which has seen a 112% gain in 2026.
Conclusion
In summary, while Zcash is poised for a potential decline to $850 due to bearish signals, the long-term prospects remain strong, driven by its privacy features and successful protocol upgrades. Traders are advised to monitor market conditions closely, especially in light of the upcoming FOMC meeting.