According to CoinMeta, the price of Zcash ( ZEC ) rebounded to $847 on September 3rd, with buyers defending the liquidity range of $780 to $800. However, overbought momentum and high leverage put ZEC at risk of another sharp fluctuation. Based on CryptoNews data, the price of ZEC was near $847 at the time of writing, having recovered from a intraday low of $804, with the daily candlestick chart showing an increase of about 3.8%. Despite recent volatility, ZEC is still within a wide consolidation range of $780 to $890. The 20-day simple moving average for Zcash is $728, the 50-day is $592, the 100-day is $531, and the 200-day is $437. Maintaining these levels helps to sustain the positive medium-term trend. Analysts point out that the next move for ZEC will be closely related to Bitcoin, and if Bitcoin performs strongly, ZEC could outperform it.