Zcash tests $959 support as selling pressure intensifies

The Cryptonomist reports that Zcash remains under bearish pressure near $959 support, with momentum weakening and the daily structure described as neutral. Its analysis places the November 2026 market against a technical setup in which the cited support area is being tested. The report does not establish that a breakdown has occurred, but it highlights the level as the focus of the current review. Live pricing shows Zcash at $980.46, 13.95% lower over the previous 24 hours and 23.87% lower over seven days. Its market capitalization stands at $16.7 billion. Those declines place the token near—but still above—the $959 support level identified by The Cryptonomist, making that area the immediate point to monitor. The wider crypto market is comparatively stable, with total capitalization at $2.52 trillion and an overall flat trend. Bitcoin is down 0.89% over 24 hours, while the Fear and Greed Index reads 29, placing sentiment in the Fear category. Zcash’s larger short- and medium-term moves therefore stand out against a relatively subdued broader market backdrop. What matters next is whether Zcash can maintain the cited $959 support area and how its daily structure develops. The Cryptonomist’s bearish framing centers on sustained selling pressure rather than a confirmed breakdown, so the level and subsequent momentum provide the clearest technical markers for readers following the token’s next moves.