Altcoins show mixed price action as Zcash holds key retracement levels
Image: Crypto.newsEthereum and XRP experienced price declines while Sui confirmed a bearish MACD crossover. Zcash held above its first Fibonacci retracement level following a retreat from its September peak. Bittensor recorded an increase in price with volume remaining below its 20-session average. Analyst Ardi forecasts a potential recovery toward the $1,420 to $1,500 range before another possible decline.
Key points
- Ethereum and XRP experienced price declines while Sui confirmed a bearish MACD crossover.
- Zcash held above its first Fibonacci retracement level following a retreat from its September peak.
- Bittensor recorded an increase in price with volume remaining below its 20-session average.
Why it matters
Market participants track altcoin support and resistance levels to monitor short-term momentum shifts and potential price direction across various digital assets.
What's unclear
Zcash closing prices differ between reports, with one citing $1,366.92 and another citing $1,320.83.
Price context · XRP
At publication
$1.42
Now
$1.42
Change since
+0.00%
7 days · dashed line = publication
Sources · 2 publishers
Crypto Price Analysis, ETH, XRP, SUI, ZEC and TAO, October 7: ETH and XRP Slide, Zcash Holds First Retracement as Sui MACD Turns Lower
Crypto.news
Tier 2
Zcash price prediction for October
Coverage timeline
- First reported by The Crypto Basic
- Confirmed by Crypto.news
- CryptoVideos brief published
How this brief was made. Our system found this event in 2 independent publications, summarised two complete reports with AI and checked every number above against the source text. Sources are linked in full. Not financial advice. Report an error