ZEC falls 2.64% as volume cools and governance concerns rise
BROBROK News · Based on reporting by DiarioBitcoin ·
ZEC dropped 2.64% on November 1 and traded below its intraday VWAP as daily volume stayed well under the 30-day average. A proposal to redirect Zcash Community Grants funds and criticism over accountability added uncertainty, but the available data do not prove they caused the move on their own.
Key points
- ZEC fell 2.64% on the day and stayed below VWAP.
- Daily volume was 44.49% below the 30-day average.
- The Zcash Community Grants dispute added caution, but causation is unconfirmed.
- RSI was neutral and MACD improved, pointing to mixed technical signals.
- Price remains above longer-term moving averages despite short-term weakness.
Why it matters
For crypto investors, this shows how weak volume and governance uncertainty can pressure price in the short run without necessarily changing the broader trend. It also highlights the need to weigh technical signals alongside ecosystem news.
Original headline: “ZEC cae 2,64% el 1 de noviembre de 2026 mientras se enfría el volumen”
Read the original on DiarioBitcoin
Summary and analysis written by BROBROK News from the original report. Read the full story on the source website. Not investment advice.