BTC $83,223.00 ▼ 2.60% ETH $2,571.32 ▼ 4.57% BNB $772.93 ▼ 0.62% XRP $1.42 ▼ 5.00% SOL $116.26 ▼ 3.43% TRX $0.3357 ▲ 0.12% FIGR_HELOC $1.02 ▼ 1.97% ZEC $1,322.65 ▼ 3.07% HYPE $88.19 ▼ 4.06% DOGE $0.0892 ▼ 4.71% XMR $554.28 ▼ 0.89% LINK $13.30 ▼ 4.53% WBT $82.86 ▼ 2.90% ADA $0.2560 ▼ 4.04%
64 Greed

Altcoins show mixed price action as Zcash holds key retracement levels

Altcoins show mixed price action as Zcash holds key retracement levels Image: Crypto.news
Image via Crypto.news.

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. Analyst Ardi forecasts a potential recovery toward the $1,420 to $1,500 range before another possible decline.

Key points

  1. Ethereum and XRP experienced price declines while Sui confirmed a bearish MACD crossover.
  2. Zcash held above its first Fibonacci retracement level following a retreat from its September peak.
  3. 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

The Crypto Basic Tier 2 First report
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

  1. First reported by The Crypto Basic
  2. Confirmed by Crypto.news
  3. 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

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