Zcash (ZEC) has recorded the steepest weekly decline among major altcoins, plummeting over 50% from its recent peak due to persistent selling pressure. The cryptocurrency's price fell nearly 33% this week and 19% in the last 24 hours, settling around $360. Analysts highlight a breakdown of multi-week support and a bearish trend characterized by lower highs and lower lows, indicating potential further declines. Technical indicators point to possible movement toward key levels at $259 and $186. Traders are advised to consider securing profits amid the heavy downward momentum, as the asset approaches critical reaction zones.