Zcash Price Rebounds with Relief Rally Potential: Altcoin Sherpa Sees Swing Trade Setup

Following a sharp decline from November highs, Zcash price has stabilized at a key Fibonacci support level. Altcoin Sherpa, an expert in swing trading, sees an opportunity for a short-term relief rally if buyers hold the 0.618 Fibonacci retracement zone. The analyst cites increased intraday volume on bounces as positive indication of demand returning to the market. Zcash price action presents classic swing-low traits: a steep drop into the support level followed by a rebound, accumulation, higher lows, and room for a technical rally if sentiment holds.