Zcash (ZEC) has dropped by 8% in the past 7 days following a confirmed rejection of a key resistance we flagged days ago at $525. In our latest Zcash price prediction articles, we emphasized that this could be a short-lived recovery as the project's credibility could have been undermined by this incident. Zcash Social Volumes – Source: SantimentAlthough social volumes sent a buy signal earlier this month, the situation has changed. Data from Santiment shows that the 7-day moving average for social mentions has now dropped below the 30-day moving average. The price dropped from a peak of $520 to $380 in just a few days.