Zcash traders are watching the FOMC meeting closely, hoping the Fed’s next move could unlock another big rally. But with volatility rising, will ZEC holders cash in on a fresh surge or get caught off guard by a sudden crash?
$ZEC rose about 7% in a day, just before the network's 10th anniversary on October 28. Can it hold $1,300? Price sits above both EMAs shown on the chart, but only 0.4% above the $1,317.80 level it has tested several times this month.
This Zcash price prediction explains the chart step by step.
Market data checked on October 28, 2026, at 09:30 IST.
The Zcash price today is up 7% to $1,322.59 in 24 hours, significantly outperforming Bitcoin's +1.63% gain, primarily driven by a bullish governance proposal to overhaul its developer funding model.
Primary reason: A co-founder's proposal to redirect $125 million in future block rewards, signaling improved long-term network sustainability.
Secondary reasons: Technical breakout above key moving averages and strong positive social sentiment framing ZEC as a hedge against AI-driven security risks.
A post on X says ZEC rose 7% in 24 hours to about $1,307 and lifted its market cap to $22.1B. It says ZEC ranks ninth, ahead of Hyperliquid and Dogecoin, per CoinMarketCap.
The post adds that the team is using the anniversary countdown to preview Tachyon, an upgrade in development that aims to make onchain private payments up to 100x smaller.
CoinGabbar could not verify these figures.
Zcash co-founder Sean Bowe has proposed moving 8% of block subsidies from community grants to network sustainability. A block subsidy is the new ZEC paid out with each block.
The draft would keep the funds out of immediate circulation, and Bowe argues existing grant reserves can cover current grants. The post says maximum supply stays unchanged.
Source: Data From X
A liquidation happens when an exchange force-closes a leveraged trade because the trader can no longer cover losses. Longs bet on a rise, and shorts bet on a fall.
Window | Total Liquidated | Long | Short |
12h | $4.61M | $312.49K | $4.30M |
24h | $7.86M | $516.35K | $7.35M |
Source: Data From CoinGlass
Shorts took about 94% of the $7.86M liquidated over 24 hours and about 93% of the 12-hour total. Shorts lose when price rises.
Coinglass futures volume leads with Binance at $1.66B, MEXC at $1.53B, OKX at $1.06B and LBank at $611.83M. The screenshot gives no time window.
The Fed rate decision is out today, Wednesday, October 28, at 2:00 PM ET, with the press conference at 2:30 PM ET, which is about 11:30 PM IST and 12:00 AM IST on October 29.
The rate sits at 3.75% to 4.00% after the September hike, and futures priced roughly an 80% chance of a hold and 20% for a hike in early October, with a December hike near 81%. Since a hold is already priced in, ZEC is more likely to move on Warsh’s tone than on the decision itself: a surprise hike or hawkish talk could hit risk assets, while softer words could give relief.
ZEC also tends to swing harder than the market, as it fell about twice as much as the total crypto market after an earlier Warsh press conference.

ZEC peaked near $1,700.87 in late September, then fell for about three weeks to near $1,050 by October 18. From there it moved sideways between roughly $1,100 and $1,330.
The 20 EMA stayed above the price and capped rallies. A strong green candle on October 27 lifted $ZEC above it. Today's candle opened at $1,309.50 and printed $1,322.59.
Price is now about 6.1% above the 20 EMA at $1,246.22 and about 9.9% above the 50 EMA at $1,203.51. The 20 EMA also sits above the 50 EMA, a bullish order.
One test remains: price is just above $1,317.80, a level that held it back earlier this month.
Type | Level |
Highest marked level | $2,000.91 |
Resistance 3 | $1,700.87 |
Resistance 2 | $1,500.85 |
Resistance 1 | $1,317.80 |
Immediate support | $1,200.81 |
Bull case: A daily close above $1,317.80 would confirm the level as support and put $1,500.85 in view, about 13% higher.
Bear case: If $ZEC closes back under $1,317.80, it would return to its October range. A close under the 20 EMA at $1,246.22 would put $1,200.81 in play.
Scenario | Trigger | Likely Outcome | Invalidation |
Bull | Close above $1,317.80 | Move toward $1,500.85 | Close below $1,246.22 |
Base | Range of $1,246.22 to $1,317.80 | Sideways near the level | Break of either level |
Bear | Close below $1,246.22 | Slide toward $1,200.81 | Close back above $1,317.80 |
It would take a gain of about 51% from $1,322.59. Any ZEC price prediction toward that level needs more than anniversary news, since $ZEC must hold $1,317.80 and then clear $1,500.85 and $1,700.87.
Momentum has turned up, helped by short liquidations, but a daily close above $1,317.80 is still needed to confirm it.
This article is for informational purposes only and isn't financial advice. Crypto markets are volatile. Always do your own research before making any trading decisions involving ZEC.