Zcash ZEC
ZEC cycle analysis · chart, confirmed lows and fundamentals
Watch Recovering held Phoenix · monthly · score 54.2 mixed
31.8% below its 365-day high of $1,693 (2026-09-26), +524.2% off the 365-day low. Snapshot 2026-10-24 UTC.
On the Watch.
Held on the Watch: it last met the Watch rules on 2026-10-19. Today it meets no tier rule; a tier moves down only after five consecutive scans below its rules.
Recovering: a monthly swing low has confirmed. The badge coexists with the tier; it is not a completed recovery.
Phoenix monthly: stopped falling by the rules, +361.9% above the Jun 2026 trough. Details below.
Since the previous scan.
Tier, recovering badge and Phoenix state are unchanged between these two observations.
Comparing 2026-10-20 with 2026-10-21 UTC. Classification, not price returns.
Recorded timeline →Where it sits in each cycle
a swing low confirms only when a later bar takes out the low bar's highMonthly
- Last bars
- 2Dr 1g 2Ug 2Ug 1r
- Confirmed low
- $250.00 · 2026-06-30
- Position
- 4 of median 5 (max 6)
- Current low
- $250.00 · confirmed
- Cycle-low confidence
- 46% · in band
- Confirmed lows
- 14
Weekly
- Last bars
- 2Ug 2Dr 2Dr 2Dr 2Ug
- Confirmed low
- $1,048 · 2026-10-18
- Position
- 1 of median 4.0 (max 13)
- Current low
- $1,048 · confirmed
- Cycle-low confidence
- 58% · in band
- Confirmed lows
- 63
Daily
- Last bars
- 2Ug 2Ug 2Dr 2Dr 2Dr
- Confirmed low
- $1,048 · 2026-10-18 (weekly)
- Position
- 6 of median 5 (max 22)
- Current low
- $1,141 · unconfirmed
- Confirms above
- $1,185
- Cycle-low confidence
- 27%
- Confirmed lows
- 398
The full read, in sentences
- Monthly: forming bar is a red inside bar. Last confirmed swing low 250.00 (Jun 2026), month 4 of a cycle that has typically run 5. Cycle-low confidence 46%.
- Weekly: forming bar is a green 2-Up. Last confirmed swing low 1,048 (Oct 2026), week 1 of a cycle that has typically run 4. Cycle-low confidence 58%.
- Daily: bar is a red 2-Down. Last confirmed swing low 1,048 (2026-10-18), day 6 of a cycle that has typically run 5. Current low 1,141 is unconfirmed — it confirms above 1,185. Cycle-low confidence 27%.
- Watch: 32% below the 2026-09-26 high; +524% off the 365-day low.
- Phoenix: 66% decline over 7 months, monthly swing low confirmed (late (2 bars)), now +362% above the trough; pullback #5 confirmed 2026-10-24.
- Gauges: Mayer multiple 1.64 (neutral); +550% vs the 200-week average; -30% from the all-time high.
Has Zcash bottomed?
A confirmed swing low is evidence of a price pattern, not proof of a final market bottom. Here is what the ZEC snapshot records on 2026-10-24 UTC:
Monthly: the last confirmed swing low is $250.00 from 2026-06-30. The current candidate is marked confirmed. The latest monthly bar is still forming.
Weekly: the last confirmed swing low is $1,048 from 2026-10-18. The current candidate is marked confirmed. The latest weekly bar is still forming.
Daily: the last confirmed swing low is $1,048 from 2026-10-18. A newer candidate at $1,141 is unconfirmed; its confirmation level is above $1,185, provided the candidate low is not undercut first.
How bottom confirmation works. Cycle-low confidence is a heuristic score, not a calibrated probability of a profitable trade.
How far is Zcash below its high?
The Coinbase price snapshot is 31.8% below its rolling 365-day high of $1,693 from 2026-09-26. Separately, CoinGecko reports -63.8% relative to its all-time high of $3,192 in the fundamentals snapshot pulled 2026-10-21.
Different sources and observation times can produce different drawdowns. Compare crypto drawdowns and reference highs.
The recorded history
scan observations, not exact transition timesFirst observed 2026-09-19. 33 observations; absence from a captured scan is unmatched, never recovery.
- Phoenix monthly → Watch; recovering · Phoenix monthly
- First observed: Phoenix monthly
Phoenix
stopped falling, by the rules- Peak
- $744.13 · Nov 2025
- Trough
- $250.00 · Jun 2026
- Decline
- -66.4% over 7 months
- Above trough
- +361.9%
- Monthly
- confirmed (late (2 bars)) · trigger $649.99
- Weekly
- confirmed (late (11 bars))
- False bottom
- none
- Entry
- pullback #5 low $1,048 confirmed 2026-10-24 · trigger $1,350
| decline | 18.2 |
| confirmation | 25 |
| earliness | 6.0 |
| stale | 0 |
| false bottom | 0 |
| bluechip | 5 |
Fundamentals
| Liquidity (24h volume / market cap) can you get out | 2.22 % | 5.7 / 15 |
| Supply overhang (FDV / market cap) unlocked supply waiting to sell | 1.0 x | 15.0 / 15 |
| Size (market-cap rank) survivorship | 10 # | 15 / 15 |
| Usage (price / annualized fees) fees people actually pay to use it (DefiLlama) | 17150.4 x | 0 / 20 |
| TVL backing (market cap / TVL) capital parked in it (DefiLlama) | 7628.67 x | 0.0 / 15 |
| Fee momentum (30d vs prior 30d) is usage growing into the recovery | 1.8 % | 5.2 / 10 |
| Age on Coinbase survived a cycle | 5.9 yrs | 10.0 / 10 |
7 of 7 measurable; score renormalized over what was measurable.
- Market cap
- $22.22B
- Fully diluted
- $22.22B
- 24h volume
- $493.1M
- Circulating
- 16,966,725 of 21,000,000 max
- All-time high
- $3,192 · 2016-10-28 (-63.8%)
- TVL
- $2.9M (chain)
- Fees 30d
- $106.4K
- Revenue 30d
- $0
- Fees 1y
- $721.1K
- Mayer multiple
- 1.635 · neutral
- vs 200-week avg
- +549.9%
- Pi cycle
- 0.812
- On Coinbase since
- 2020-12-08 (2147 bars)
- CoinGecko id
- zcash
Continue your cycle research
How to read a crypto cycle chart · Calculation rules and sources