Zcash (ZEC) is currently priced at $418.83, reflecting a 24-hour decline of 3.01%. The asset has shown significant volatility within the last day, ranging between a high of $448.20 and a low of $412.71, resulting in a daily range of 35.49%.

Trading volume stands at $740,009,031, accounting for 10.72% of ZEC's market cap. The short-term moving averages (8 SMA, 13 SMA, and 21 SMA) indicate bearish momentum, all showing losses exceeding 3%, while the 55 SMA and 144 SMA provide slight bullish signals with increases of 0.51% and 3.79%, respectively.

The 1-hour RSI is at 33, signaling potential oversold conditions, while the 7-day RSI is at 49, suggesting a neutral stance in the medium term. ZEC's price has decreased by 1.32% over the past week and 19.96% over the last 14 days, contrasting with a positive 3.31% change over the past 30 days.

The All-Time High for ZEC remains at $3,191.93, indicating significant room for recovery in the long-term outlook. However, current technical indicators suggest that ZEC is struggling to maintain upward momentum in the near term, given the bearish pressure observed in moving averages and RSI metrics.

Based on the analysis, a Sell rating is recommended at this time due to the prevailing downward trend in both short-term and medium-term indicators, combined with an oversold signal that may not yet indicate a reversal. It would be prudent for investors to reassess their positions as ZEC faces resistance levels above $430 and potential further declines below $400.