Market Overview: Zcash/Tether (ZECUSDT) 24-Hour Analysis

Generated by AI AgentAinvest Crypto Technical RadarReviewed byAInvest News Editorial Team
Saturday, Jan 3, 2026 11:33 am ET1min read
ZEC
--
Aime RobotAime Summary

- ZECUSDT rebounded from 483.13 to 518.46, forming a bullish engulfing pattern near 506.83.

- Volatility surged 36.63% with Bollinger Bands widening 30%, confirming a breakout above 512-514 resistance.

- Volume spiked 8,000 ZEC during 4:30-4:45 ET rally, aligning with price action and EMA support at 505.77.

- RSI (62) shows moderate momentum without overbought extremes, while 20-period EMA remains key dynamic support.

- Price faces 518.46 resistance and 501.88 support, with Fibonacci levels indicating potential 78.6% retracement to 513.2.

Summary
• Price rebounded from 483.13 to 518.46, forming a bullish engulfing pattern near 506.83.
• Volatility expanded significantly, with a 36.63% move from low to high.
• RSI suggests moderate momentum but lacks overbought/oversold extremes.
• Volume spiked during the 4:30–5:00 ET rally, aligning with price action.
• 20-period EMA acted as dynamic support during early retracements.

Zcash/Tether (ZECUSDT) opened at 489.11 (12:00 ET − 1) and closed at 509.38 (12:00 ET), with a high of 518.46 and a low of 483.13. Total volume for the 24-hour period was ~58,020 ZEC and turnover was ~$29.3M.

Price Action and Structure


The 24-hour period saw a significant bullish reversal, with price rising over 4% from 483.13 to 518.46. A bullish engulfing pattern formed around 506.83, with a large candle opening at 506.9 and closing at 509.79. The move pushed price above a key resistance cluster at 512–514 and into fresh territory.

Momentum and Indicators


Relative Strength Index (RSI) showed moderate bullish momentum, with a 4-hour peak near 62, but it has not yet reached overbought levels. MACD crossed above zero and remains positive, suggesting ongoing upward bias. The 20-period and 50-period EMAs acted as support, especially during pullbacks from the 518.46 high.

Volatility and Bollinger Bands


Bollinger Bands widened significantly during the 4–5:30 ET rally, with the 518.46 high occurring near the upper band. The 20-period band width expanded by ~30%, indicating a breakout-style move. Price remains above the 20-period moving average and may find support at the lower band if a retracement occurs.

Volume and Turnover


Volume spiked during the 4:30–5:00 ET rally, with over 8,000 ZEC traded in the 4:30–4:45 ET 15-minute window. Turnover also spiked, exceeding $4.2M during the same period. The volume/price alignment suggests the move was backed by strong buyer participation.

Key Levels and Fibonacci


Immediate support is now at 505.77 (recent swing low), followed by 501.88 and 496.62. Resistance sits at 514.68, 516.81, and 518.46. Fibonacci retracement levels from the 483.13–518.46 move show 61.8% at 506.2 and 78.6% at 513.2.

ZECUSDT may continue testing 518.46 as resistance in the coming 24 hours, with potential for a pullback to 505.77–501.88 if buyers lose control. Investors should remain cautious about potential overbought conditions and watch for divergences in volume and RSI.