Solana (SOL), Zcash (ZEC) and Bitcoin (BTC) Price Analysis For July 30th: Testing Local Support Thresholds

The market is ready for the recovery, but investors shut down the attempt on multiple assets simultaneously.

Arman Shirinyan · 30 Jul 2026 · 8 min read

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Solana (SOL), Zcash (ZEC) and Bitcoin (BTC) Price Analysis For July 30th: Testing Local Support Thresholds

Price Analysis

By
Arman Shirinyan

Thu, 30/07/2026 – 0:01

The market is ready for the recovery, but investors shut down the attempt on multiple assets simultaneously.

Solana (SOL), Zcash (ZEC) and Bitcoin (BTC) Price Analysis For July 30th: Testing Local Support Thresholds

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Zcash’s key technicall zone
Bitcoin’s consolidation must end

After yet another unsuccessful attempt at recovery, Solana fell back below its 100-day moving average, supporting the idea that sellers are still in charge of the medium-term trend. Bulls have little cause for optimism in the near future because the asset, which is currently trading at $73, is still trapped beneath all significant resistance levels with the exception of the 200-day moving average.

Technically speaking, the recent rejection is significant since SOL was unable to maintain its position above the 100-day moving average at $74.50. For a brief period in the second half of July, that level served as support, but the most recent daily candles indicate that sellers are taking back control. The 200-day moving average is still much higher near $79. 60, while the 50-day moving average is currently falling toward $75.70.

This creates a layered resistance zone that will be challenging to break without a more significant market recovery. Despite multiple strong recoveries from June’s capitulation low, July’s price action has mostly consisted of lower highs.

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Before challenging the longer-term trend, each rally has lost steam, indicating that market participants are still taking advantage of strength to lower exposure rather than open new long positions. Over the past few sessions, volume has progressively decreased, indicating a decline in both buyers’ and sellers’ conviction.

Zcash’s key technicall zone

After declining back toward its 200-day moving average, Zcash is testing one of its most crucial technical support zones. Bearish momentum has returned after an impressive recovery throughout July, pushing ZEC below the 50-day and 100-day moving averages and posing a threat to erase a significant portion of the prior gain.

The price has dropped to about $462, and the 200-day moving average, which is close to $411, is still the last significant long-term support below the market. Over the past two weeks, the overall structure has significantly deteriorated, even though ZEC has not yet attained that level. After peaking close to $570, the asset produced a series of lower highs and lower lows, indicating that buyers have gradually lost control.

The 100-day moving average, which was close to $472, has also lost ground, and the 50-day moving average has rolled over and is currently above price at $495. These two indicators now stand for immediate resistance, so any short-term recovery is probably going to encounter selling pressure in the $470-495 range.

Since June and the beginning of July, trading volume has drastically decreased. Consolidation is frequently accompanied by lower participation, but it also represents waning buying interest following the prior rally when paired with weakening price action.

Bitcoin’s consolidation must end

After recovering from the steep sell-off in June, Bitcoin is still consolidating around $64,000, but the overall technical structure remains unclear. The asset is still stuck below the 50-day and 200-day moving averages, preventing a clear return to bullish territory even though it has stabilized above its 100-day moving average.

The market is looking for guidance, as seen by the recent price movement. After the sharp drop from above $80,000, Bitcoin reached a local low of about $59,000 before progressively creating a string of higher lows. The 100-day moving average has flattened and started to function as dynamic support around $63,300, a level that buyers have successfully defended over the previous few sessions, thanks to that recovery.

Overhead resistance is still quite significant, though. While the 200-day moving average is still significantly above the current price at about $73,200, the 50-day moving average is currently close to $67,500 and is still trending lower. Before the longer-term outlook can improve, bulls must overcome a sizable resistance zone that they have created together.