Zcash (ZEC) is trading at $388.56, experiencing a 7.5% decline over the past 24 hours. The cryptocurrency is testing a descending trendline on the hourly chart, with critical support at $369.91 and resistance at $423.62. Despite the downturn, ZEC has demonstrated resilience against Bitcoin, rising 5.4% to 0.003604 BTC, suggesting relative strength amid broader market fluctuations.