Kategorie: Altcoin News

• Zcash price dropped to the $190 support level.
• Macro headwinds also had Bitcoin falling to below $105,000 to trigger further bleeding across crypto.
• Analysts remain bullish despite the dip.

Zcash (ZEC) tumbled to lows of $190, with its double-digit declines reflecting widespread market unease.

Triggered by macroeconomic pressures, most coins plummeted to key levels, including Bitcoin, which retested the $105,500 area.

Crypto pullback and Zcash price today

Zcash, the privacy-focused cryptocurrency launched in 2016, experienced a sharp decline on Friday.

The token dipped to support around the $190 mark as a broader crypto market retracement ensued to see total market liquidations surpass $1 billion.

ZEC, one of the outperformers in recent weeks, fell below the key support level of $200.

Moreover, the price declines are accompanied by rising trading volume to reinforce the profit taking.

Per CoinMarketCap, the daily trading volume for the privacy-focused coin has jumped 26% to over $742 million.

Meanwhile, the price has fallen nearly 20% in the same time frame.

Zcash has climbed 260% over the past month, outperforming nearly all of the top 100 cryptocurrencies by market capitalisation.

The market-wide pullback reflects broader macroeconomic factors, including renewed tensions in the US-China trade dispute and the ongoing US government shutdown.

Investors who had recently entered Zcash appear to be taking profits after a strong rally fueled by optimism surrounding its zero-knowledge proof technology.

Zcash has seen a notable surge in institutional interest in recent weeks.

Grayscale’s Zcash Trust has been a key driver, with assets under management exceeding $92 million — a signal of rising adoption.

The trust allows traditional investors to gain exposure to ZEC, one of the leading privacy coins, without the operational complexities of holding the asset directly.

ZEC price forecast

Major declines across the market came as investors, spooked by the latest news from US regional banks, exited positions.

Specifically, reports on Friday indicated that two US regional banks have hit the rocks with bad loans.

Jitters around banking sector risks saw a sharp dump for bank stocks cascade into futures trading on Wall Street.

A slip for the S&P 500 and the Nasdaq also sent crypto nosediving.

But Bitcoin’s drop could allow some capital rotation to revive ZEC price, one analyst pointed out on X.

Correlation among shielded transactions adoption gives this strength.

Bitcoin dropped $500B.

Zcash dropped $1.6B.

What are the chances a slice of that $500B lost in Bitcoin rotates back into $ZEC, as shielded Zcash emerges as Encrypted Bitcoin?$ZEC what’s next? pic.twitter.com/5ijKj430c7

— Michelangelo.zec ⓩ🛡️ (@BTCTurtle) October 17, 2025

Market analysts point to overbought conditions in the short term.

A look at the Relative Strength Index (RSI) shows a dip into oversold territory, which means a potential reversal.

Overall, while the $190 mark signals a key demand zone, the $240 mark represents a crucial hurdle.

ZEC price reached highs of $295 earlier in the month.

The post Zcash price drops to $190 amid broader crypto pullback appeared first on CoinJournal.

• Aster price fell 20% to near $1 as sell-off pressure hit altcoins
• The altcoin touched its all-time high of $2.42 in September, but has declined amid broader selling.
• Altcoins are dumping as Bitcoin slips to under $106,000.

Aster (ASTER)’s parabolic gains in recent weeks are quickly fading in the rearview mirror as cryptocurrencies plummet.

The decentralized exchange’s governance token fell nearly 20% to inch closer to the $1 support level, with bulls succumbing to broader sell-off dynamics.

Aster has erased significant gains, and broader risks could see bears take control.

Aster price extends decline amid 20% dip

With crypto in red early Friday, Aster’s price plunged  20% to hit lows of $1.08 across major exchanges and trading platforms. 

Having changed hands above $1.36, the double-digit declines over the past 24 hours meant ASTER ranked among the top losers alongside Zcash, Mantle, SPX6900 and Morpho. 

Aster’s sharp downturn extends a multi-day decline since bulls failed to hold onto gains near $1.60.

The token had surged to the mark after bouncing off lows seen during the crypto crash on October 10.

In the past week, Aster’s price has fallen more than 32%, as profit-taking and broader macroeconomic pressures weighed on sentiment.

The next-generation decentralized perpetuals and spot exchange, built on the BNB Chain, had previously drawn significant attention from investors and traders alike.

Aster’s rapid rise had been bolstered by recent listings on major platforms such as Robinhood and Binance, which helped fuel earlier momentum.

However, the euphoria looks to be dissipating as sell-off pressure across cryptocurrencies mounts.

Bitcoin dipped below $105,000  early Friday. As bears touched lows of $104,597 after a 4% drop in the last 24 hours, top altcoins plummeted. 

Ethereum, Solana and XRP all dipped to or below key support levels, intensifying the bloodbath.

What next as Aster revisits $1 level?

Currently, Aster’s price flirts with the $1 psychological threshold.

This is a key level that bulls have to defend to avoid giving up further ground.

Prices, as the chart below shows, have recently consolidated above the critical mark.

However, the sharp decline and breakdown from a descending triangle pattern mean bulls are at risk of more pain.

The token’s all-time high of $2.42 on September 24 is well off.

Nonetheless, technical indicators such as the Relative Strength Index (RSI) on the daily put ASTER in oversold territory.

What this suggests is that exhausted selling could allow bulls to target a rebound. 

Any downward pressure could nonetheless see the support at $1.00 collapse.

The post Aster price tanks 20% as sell-off pressure hits altcoins appeared first on CoinJournal.

• Celestia’s TIA token surged back to $1 on October 14, 2025, following a steep decline to $0.27 on Oct. 10
• Technical indicators however signal weakness amid recent bearish momentum.
• Short-term forecasts predict TIA faces immediate resistance around $1.20 as bulls aim to strengthen the recovery from recent lows.

Celestia (TIA) price is back above $1 as bulls show resilience amid a volatile crypto market.

As the modular blockchain network’s native token seeks to continue higher, what’s the outlook in the short-term?

Notably, Celestia’s market recovery follows a significant crash that saw buyers hover at new all-time lows under $0.30 on October 10, 2025. Bittensor and a few other altcoins have nonetheless posted key gains.

Celestia price crashed to below $0.30

Celestia’s token declined sharply as Bitcoin dumped and altcoins nosedived last week, with TIA  hitting a new all-time low of $0.27.

The crash, driven by multiple structural and market-wide factors, threatened to undo a broader sentiment that had bulls in “Uptober” mood.

A broader crypto market dump, triggered by Bitcoin’s dip to below $105,000 on October 11, compounded the pressure on the token.

TIA breached key supports at $1.35 and $1.00 as it reached the $0.27 floor.

While the crash wiped out billions in value, Celestia’s bulls were able to rebound to around $0.93.

On Monday, an uptick saw them climb to $1.26 before retreating as macro jitters around US-China trade tensions pulled risk asset markets down. However, the token was looking to hold above $1.

TIA price prediction

TIA’s price trajectory appears cautiously optimistic, bolstered by technical rebounds and strategic initiatives.

Recently, the team shared an outlook for the modular blockchain, comparing its growth to the huge impact that Amazon Web Services had amid the explosive web2 growth.

“Celestia is still in its infancy, yet it is positioning itself to become the proxy for blockspace demand. After a period of disillusionment, growth continues to accelerate,” the team wrote.

Although the daily Relative Strength Index (RSI) stands at 39, it has flipped from the oversold territory below 30.

This signals exhaustion among sellers and a high probability of mean reversion, historically preceding notable bounces in TIA’s price – recently from $1.35 to highs of $2.28 in July 2025.

The Moving Average Convergence Divergence (MACD) also exhibits bearish momentum, but this looks to be weakening as the histogram narrows.

A bullish divergence hints at accumulating buy pressure that could help bulls.

Short-term forecasts are projecting a range of $2.27 to $3.40.

However, bulls must first strengthen above the immediate supply zone around $1.20, with hurdles at $1.54 and $1.90.

Bullish scenarios could see Celestia price target the $10-14 range in coming months.

The all-time high above $20 reached in February 2024 is also a legitimate target in the current cycle.

Failure to hold $1 though could allow bears to retest prices below $0.90.

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