ZEC rallies 12% as bullish momentum continues; Check forecast

Key takeaways

  • ZEC is the best performer among the top 30 cryptocurrencies by market cap, up 12% in the last 24 hours.
  • The coin is now trading above $350 and could rally higher in the near term.

ZEC surges above $350 as rally continues

ZEC, the native coin of the ZCash ecosystem, has continued its rally, up 12% in the last 24 hours. The rally comes after the coin added 380% to its value in the last 30 days, outperforming other major cryptocurrencies.

The positive performance comes after Solana, the world’s second-largest smart contract platform, launched wrapped ZEC via the Zolana bridge. The wrapped tokens function as standard Solana Program Library (SPL) tokens. Hence, they don’t offer the privacy protections inherent to native Zcash.

Furthermore, they are backed 1:1 by native ZEC but do not conceal balances or transaction data.

ZEC targets $400 as bullish trend continues

The ZEC/USD 4-hour chart is bullish and efficient thanks to the coin’s ongoing rally. The technical indicators are bullish, suggesting that buyers are currently in control. The bullish trend could see ZEC’s price surge higher in the near term.

The Relative Strength Index (RSI) of 67 shows a bullish bias, with the buyers currently in control. The MACD lines are also within the positive region, suggesting that the price could surge higher in the near term.

ZEC/USD 4H Chart

If the bullish trend continues, ZEC could rally towards the $400 level over the next few hours or days. An extended bullish run would allow ZEC to hit a multi-year high of $500 in the coming days or weeks.

However, if ZEC faces a correction following its recent run, it could retrace to the ILQ at $318 over the next few hours. Further downtrend could see ZEC drop to the major support and TLQ level at $235. This support level will likely hold in the medium term, allowing ZEC to build on its recent run.

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Ethereum price forecast: ETH eyes $4,500 amid bullish momentum

Key takeaways

  • ETH is up 5.5% in the last 24 hours and is now trading above $4,100.
  • The coin could rally towards the $4,500 resistance level soon.

Ether hits $4,200 as the bullish trend returns

Ether, the second-largest cryptocurrency by market cap, is up by more than 5% in the last 24 hours. The rally allowed the coin to briefly hit the $4,200 level before retracing to now trade at around $4,160 per coin.

This latest development comes as Bitcoin and the broader cryptocurrency market recorded an excellent weekend. Bitcoin is trading above $115k once again after adding 3.5% to its value.

With Bitcoin, Ether, and other leading altcoins recording gains, the total cryptocurrency market cap now stands at $3.91 trillion. Ether could rally higher in the near term, with the technical indicators suggesting further buying pressure. 

Ethereum could surge to $4,500 amid bullish indicators

The ETH/USD 4-hour chart is bearish and efficient despite Ether adding 5% to its value in the last 24 hours. The technical indicators suggest that Ether could face further buying pressure thanks to its rally. 

Ether’s price surged by 5% last week, closing the weekly candle above the 50-day EMA at $4,129 on Sunday. It briefly climbed to $4,206 on Monday before retracing to now trading around $4,160. 

ETH/USD 4H Chart

The RSI of 67 shows a bullish momentum, with the MACD lines flashing a buying signal in the last few days. If Ether breaks and closes above its daily resistance of $4,232, it could continue its rally towards the next major resistance and TLQ level at $4,529. An extended bullish run could allow Ether to reclaim its recent high above $4,700. 

However, if Ether faces a correction following its recent run, it could dip towards the major support level at $3,593.

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ApeCoin price forecast: weak bullish momentum signals risk ahead

  • The current ApeCoin price rally is driven by a technical breakout and legal clarity.
  • The bullish momentum, however, remains weak below key moving averages.
  • Upcoming token unlock and low adoption pose downside risks.

ApeCoin price has showed a sharp intraday today, but the gains mask fragile market dynamics.

While traders cheer the 16.2% 24-hour jump and burst in volume, multiple indicators point to follow-through risk.

Technical signals waver

ApeCoin has posted a notable breakout above short-term moving averages, briefly crossing the 7-day SMA and the 30-day EMA.

The MACD histogram has flipped positive, and the RSI-7 has moved out of the oversold territory, giving traders a short-term bullish signal.

The trading volume has also spiked dramatically to roughly $147 million, an increase that accompanied the price surge and amplified market attention.

However, deeper trend metrics tell a different story.

On higher timeframes, APE still trades below its MA-20, MA-50, and the MA-200, which keeps the longer bias tilted toward sellers.

Several momentum indicators remain inconsistent: some show bullish crossovers, while MACD on daily charts and ADX readings suggest persistent bearish momentum.

That mix creates whipsaw risk for momentum traders.

Legal relief boosts sentiment but isn’t a cure

ApeCoin’s market sentiment improved after a US court ruling in early October that reduced regulatory overhang by finding APE and related NFTs did not meet the Howey Test criteria.

Following the ruling, crypto exchanges publicly reaffirmed support, and institutional concern eased.

There is no doubt that the court ruling removed a headline risk that had weighed on price discovery for months.

However, legal clarity alone does not guarantee sustained demand.

Institutional adoption requires clear use cases and measurable on-chain activity.

Cross-chain growth looks promising but shallow

The expansion of Rapid ApeCoin Integration Deployment (R.A.I.D.) to networks such as Solana and Hyperliquid created new pathways for DeFi usage and gasless experiences.

These integrations broaden APE’s utility narrative and paved the way for new product experiments.

However, reported TVL across those integrations was modest, implying speculative trading drove much of the volume surge.

The market reaction underscores a familiar pattern: headline integration announcements can trigger big short-term price moves, while real adoption takes time.

Until developers and users materially increase activity, price appreciation will remain vulnerable to profit-taking and broader crypto market moves.

What to watch: ApeCoin price levels to watch

Key technical thresholds are straightforward and actionable. Analysts point to $0.459 as a critical support level to sustain bullish momentum.

According to CoinLore, a confirmed move above $0.4841 would open room toward higher resistance at $0.6660 and then $0.8718.

Conversely, downside scenarios grow if APE fails to hold above $0.459, or if it drops toward the $0.3402–$0.3953 five-day expected range.

An additional event to monitor is the scheduled 200 million token unlock at the end of October.

That token unlock could increase selling pressure and test the market’s ability to absorb newly liquid supply.

Traders should treat the unlock as a near-term macro event that could constrain rallies.

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XRP on the edge: from 15% slump to supply shock — is a $12 breakout next?

  • Recently, XRP dropped 15% as Bitcoin slipped just 1%, showing amplified volatility.
  • XRP ETF delays and $8.13M in liquidations deepened XRP’s monthly decline.
  • Analysts see XRP rebounding toward $5–$12 if ETF-driven supply shock hits.

XRP price has become the focal point of heated debate after the token slid roughly 15% over the past month while the Bitcoin price barely moved.

Market commentators and analysts are asking why XRP would suffer such a steep pullback when the broader market appeared comparatively steady.

The answer, they say, lies in correlation dynamics, liquidations, regulatory lag and nascent institutional activity.

The sharp divergence with Bitcoin

In October, both Bitcoin and XRP rallied, with Bitcoin staying above the six-figure levels and XRP flirting with the $3 mark.

Profit-taking followed quickly, and altcoins absorbed most of the pain.

Traders who had piled into XRP were hit especially hard; one stretch of trading erased about $8.13 million of leveraged positions within four hours.

That sequence amplified losses and sent XRP below the $2.50 support level it had failed to hold after the upswing.

Charles Gasparino, a senior correspondent known for market coverage, spotlighted the paradox: Bitcoin fell only about 1% over the month, yet XRP plunged around 15%.

The contrast underscores a structural reality where XRP has historically tracked Bitcoin’s moves but with greater intensity.

When BTC stumbles or consolidates, that sensitivity can turn into outsized downside for XRP.

XRP price and the ETF supply shock

Beyond short-term mechanics, a longer-term narrative is reshaping investor expectations.

Analyst Zach Rector has argued that the launch of multiple spot XRP exchange-traded funds and similar institutional vehicles could effectively remove a substantial portion of circulating supply from the market.

According to Rector, that “supply shock,” Rector says, would create the conditions for a dramatic price re-rating, with conservative models pointing to targets ranging from $5 up to double-digit territory — even as high as $12 by December 2025.

The regulatory backdrop also matters. Bitcoin and Ethereum have benefited from cleared paths to ETF adoption that flooded both markets with fresh capital.

XRP, by contrast, still faces an unresolved approval picture for spot ETFs in many jurisdictions.

That delay has likely depressed demand from risk-averse institutional buyers and made the token more sensitive to retail flows and sentiment shifts.

At the same time, data points show growing institutional interest via derivatives: CME-listed XRP and Micro XRP futures have recorded substantial contract volumes over recent months, a sign that professional desks are increasingly engaging the token.

XRP price analysis

From a technical analysis standpoint, the $2.30 area acted as a concrete support during mid-month liquidations, and the bounce to around $2.50 suggests buyers remain interested at those prices.

XRP price analysis
Source: CoinMarketCap

A sustained break above $3.40 would, in many analysts’ views, open a path toward $5.5, and if ETF-driven supply lockups occur, upside to substantially higher levels becomes plausible.

On-chain signals constructively complicate the picture.

The XRP Ledger is approaching a major transaction milestone, nearing 100 million recorded transfers.

That activity signals ongoing utility and adoption within payments and DeFi niches where XRP has carved a role.

Such resilience in on-chain throughput can buttress confidence even when price action looks shaky.

Assessing the path forward means weighing an array of forces: correlation-driven volatility, liquidation dynamics, regulatory clarity, and institutional adoption through derivatives and potential ETFs.

Short-term traders must manage the heightened risk that comes with XRP’s amplified moves.

Long-term investors, on the other hand, should watch ETF developments and on-chain adoption as the main levers that could catalyse the next leg of momentum.

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Bitcoin price forecast: BTC reclaims $111k, shows signs of recovery

Key takeaways

  • BTC is up by more than 1% and is now trading above $111k.
  • The coin could rally towards $115k if the bullish trend continues.

Crypto market gains stability

The cryptocurrency market has been volatile since the start of the week, with Bitcoin recording a whipsaw action. However, the market has gained stability in the last 24 hours, with the major coins recording healthy gains.

Bitcoin, Ether, and XRP prices have shown signs of stabilization early today as market momentum steadies after recent volatility. The leading cryptocurrencies are holding above key levels, with momentum indicators suggesting building bullish pressure and potential signs of recovery in the near term. 

Bitcoin eyes $115k amid early signs of recovery

The BTC/USD 4-hour chart remains bearish and efficient despite Bitcoin adding 1% to its value in the last 24 hours. The cryptocurrency Bitcoin price faced rejection from the 50-day Exponential Moving Average (EMA) at $113,329 earlier this week and dropped by nearly 3% on Wednesday.

However, it retested the 61.8% Fibonacci retracement level at $106,453 and recovered 2.33% on Thursday before rallying above $111k. 

The Relative Strength Index (RSI) indicator at 58 points upward on the 4-hour chart suggests early signs of growing bullish momentum. The RSI has to stay above the neutral 50 for Bitcoin to embark on a sustained rally. Furthermore, the Moving Average Convergence Divergence (MACD) lines converged in the last 24hours to form a bullish crossover. 

BTC/USD 4H Chart

If the bullish trend continues, Bitcoin could extend its rally toward the 50-day EMA at $113,329. An extended bullish run would allow it to reclaim the ILQ  level at $115,137.

However, if the bulls fail to build on this momentum and the daily candle closes below $106,453, Bitcoin could extend losses toward the October 10 swing low of $102,000 over the next few days. 

The momentum is switching bullish, and this could see Bitcoin extend its current gains towards the $115k resistance.

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