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In Brief
- XRP (XRP): Trades at $1.3136, stuck between $1.25 support and $1.37 resistance.
- Zcash (ZEC): Trades at $1,270.04, with the uptrend intact above the $1,050 pullback low.
- Tron (TRX): Trades at $0.3285, sitting right on the long-term average at $0.328.
- Near Protocol (NEAR): Trades at $4.566, holding above $4.30 support after a 24 percent pullback.
XRP (XRP) Range-Bound Between $1.25 and $1.37
XRP trades at $1.3136 on the daily chart, up slightly on the day. The price opened at $1.3066 and reached a high of $1.3200 before closing near the top of its range. After a sharp drop in October, buyers are looking to stabilize the market.
The bigger picture suggests a strong recovery. XRP fell to approximately $1.00 in August, then jumped in a single move to nearly $1.70. That spike came with heavy volume, which suggests real demand at the time. The price then climbed to around $1.66 in late September before sellers took control. Since the start of October, XRP has fallen from the $1.50 area to as low as $1.25.
The recent lows near $1.25 to $1.26 have held twice, which makes that zone the primary support. If it breaks, the next stop will be the $1.20 area. On the upside, XRP faces a thick wall of moving averages. The orange line sits near $1.33, just above the current price. Above it, the blue and black lines are around $1.36 and $1.37. The light blue line near $1.40 is the next barrier. XRP needs a daily close above $1.37 to show that buyers have regained control.
Volume is the weak spot. Trading activity has dropped in recent weeks compared to the August and September surge. Low volume during a bounce often means buyers are not fully convinced. A move higher with rising volume would be a stronger signal. The RSI sits near the 50 level, which means momentum is neutral. Neither buyers nor sellers have a clear edge right now.
For the short term, XRP is caught between $1.25 support and $1.37 resistance. A break above the black line could open the way back to $1.50. A drop below $1.25 would put the recovery at risk and bring the $1.15 to $1.20 area back into play.
Zcash (ZEC) Uptrend Stays Intact
Zcash (ZEC) trades at $1,270.04 against USDT on Binance. The daily candle opened at $1,233.34, hit a high of $1,277.99, and found a low of $1,212.49. The green candle suggests buyers are stepping in after several days of weak trading.
ZEC has been one of the strongest charts in the market. The coin sat near $480 through July and early August, then began a large rally. By late September it peaked near $1,700, more than tripling in about six weeks. Since then, the price has pulled back around 25%.
The trend is still healthy. All the moving averages point upward and are stacked in the right order. The price sits above every one of them. The blue line near $1,195 has acted as support during the pullback, and ZEC has bounced from it more than once. The orange line near $1,100 and the black line near $815 are deeper defense zones if the market drops further. The lowest point of the pullback was near $1,050 in mid-October. That level is key. As long as ZEC remains above it, the larger uptrend stays in place.
On the upside, resistance sits near $1,300, where the light blue line runs. The recent high of approximately $1,370 is the next target. A clean break above $1,370 could send ZEC back toward the $1,500 to $1,700 range. Volume has dropped during the pullback, which is normal after such a large run. Sellers are not rushing out. That is a good sign for bulls, but a new surge in volume would help confirm the next move higher.
The RSI is just above 50 and rising. This indicates momentum is turning positive again after cooling off from overbought levels in September. In the short term, ZEC looks ready to test $1,300. Holding above $1,195 keeps the bullish setup alive. A drop below that level could bring a test of the $1,050 low.
Tron (TRX) Price Tests Long-Term Average
TRX trades at $0.3285 against USDT on Binance. The daily candle opened at $0.3294, reached a high of $0.3300, and dropped to a low of $0.3274. The red candle indicates that sellers still have a small edge today.
The chart has been weak since late May. TRX peaked near $0.3775, then fell sharply within a few days. Since then, the price has moved sideways between $0.3150 and $0.3500, with lower highs forming over time. The most recent high near $0.3490 in late September did not hold, and the price has slid back in October.
The most important element is the black line, the long-term moving average, which sits right at $0.328. TRX is sitting directly on it. This line has acted as support several times, including in June and early September. Each time, buyers stepped in and pushed the price higher. If it breaks, the next support is near $0.3220, then $0.3150.
Above the price, the shorter moving averages are stacked as resistance. The orange line near $0.333 and the blue line near $0.3330 are close together, forming a tight barrier. The light blue line near $0.335 sits just above them. TRX needs a daily close above $0.335 to show real strength.
Volume has dropped in the last few weeks. Low volume near support can suggest sellers are running out of energy, but it also indicates that buyers are not stepping in yet. A strong volume spike would help show which side will win. The RSI sits near the 50 level, so momentum is neutral. In the short term, TRX will likely stay in a tight range between $0.325 and $0.335 until one side breaks out.
Near Protocol (NEAR) Pullback
NEAR trades at $4.566 against USDT on Binance. The daily candle opened at $4.510, hit a high of $4.604, and found a low of $4.389. The green candle indicates buyers are defending the pullback after some weak days.
NEAR has been one of the best performers on the chart. The price sat near $1.60 in August, then exploded in September. It reached a peak near $6.00 in early October, which is a gain of more than 270 percent in about two months. Since the top, the price has dropped approximately 24 percent.
The trend is still up. All moving averages point higher and sit below the price in the right order. The blue line near $4.30 and the light blue line near $4.35 are the nearest support. NEAR bounced from this area in the past couple of days, which is a good sign for bulls. Deeper support sits on the orange line near $3.55 and the black line near $2.85.
On the upside, the green line near $4.75 is the primary resistance. Above it, the $5.00 level is a key psychological barrier. The range between $5.40 and $5.60 acted as a ceiling several times in October, so a break there would be a strong signal. A move above $6.00 would set a new high.
Volume has fallen gradually since the peak. This is normal after a big rally, and it suggests that panic selling has not appeared. The large volume spike in September marked the start of the move, and buyers will need similar strength to push higher. The RSI is close to 50, down from overbought levels above 80 in September. Momentum has cooled and reset, which gives the rally room to continue. In the short term, NEAR should hold above $4.30. A break below that level could send the price toward $3.60.