XRP stays below $1 as Bitcoin, Ethereum seek momentum, Zcash leads technical rebound

XRP continues to struggle, remaining locked in a bearish pattern after its latest attempt at stabilization. The cryptocurrency trades at $1.03, dangerously close to the key $1 level that many see as psychologically significant.

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XRP: Bearish trend persists

Technical indicators for XRP show the asset below all four of its major daily moving averages. Short-term resistance levels are found at $1.07 and $1.09, while a stronger ceiling stands at $1.18. The long-term moving average sits much higher, at $1.37, adding to the current downward pressure.

All major averages continue to slope downward, maintaining the general bearish outlook. Momentum currently favors sellers. The daily Relative Strength Index (RSI) registers at 38.3, below its signal average of 41.7, reflecting continued weakness. Importantly, XRP does not yet appear oversold, which suggests there may be further declines before any significant rebound.

Critical support for XRP remains between $1.00 and $1.03. A drop below this range would leave $0.95 and $0.90 as the next support levels, with little psychological backing remaining.

A move above immediate resistance at $1.07 to $1.09 is needed for recovery, and overtaking $1.18 would signal a more significant structural improvement for XRP.

Zcash: Technical leadership

Zcash (ZEC), a privacy-focused cryptocurrency, presents a more optimistic technical picture. Despite some market consolidation, ZEC continues to trade above all significant daily moving averages, currently holding at $505. The closest immediate support is around $497, with further support at $481 and $469.

The long-term moving average for ZEC is trending upward at $421, and as long as the asset holds above the $469 to $481 band, its medium-term outlook remains positive. The RSI stands at 52.6, just above the 49.5 signal line, indicating neutral market momentum.

For further gains, ZEC must break decisively above the $510 to $520 resistance range. Recent price action highlights reluctance in this area, but a successful breakthrough could open the path to $540–$560, where previous rallies met selling pressure. Strong resistance remains at $580, while a decline below $469 would threaten the asset’s positive structure.

As long as ZEC maintains support above $469 and achieves a clear breakout above $520, its bullish momentum could continue in the medium term.

Mini dictionary: Zcash (ZEC) is a cryptocurrency built for privacy and selective transparency of transactions, using cryptographic techniques to shield transaction details on its blockchain.

Ethereum and Bitcoin look for decisive trends

Ethereum is attempting to build a recovery pattern, trading near $1,905 and facing a significant barrier at its daily moving average of $1,923. This resistance point has held since the June crash, blocking recent rallies. Since reaching a low of $1,550 in June, Ethereum has achieved higher lows and reclaimed shorter moving averages around $1,877 and $1,806, offering nearby support. If the current consolidation fails and price drops, the $1,800–$1,805 band becomes critical for buyers.

Current momentum is balanced, with the RSI measured at 54.8, reflecting modest buyer control but no clear breakout catalysts. Overcoming $1,923–$1,950 would be necessary before Ethereum could target $2,000 and potentially $2,143, its long-term average.

Bitcoin, the largest cryptocurrency by market capitalization, is consolidating near $64,800 after rebounding from $58,000. The coin stays above short-term moving averages around $64,239 and $63,343, forming a stable support base. Its RSI sits at 53.9, suggesting mild bullishness.

Bitcoin’s next resistance lies in the $66,000–$67,000 range, with a major long-term average at $72,192 overhead. Breaking above $66,800 could put the $70,000–$72,200 targets back in focus. Conversely, falling below $63,300 would threaten further declines toward $60,000 and potentially the June low at $58,000. The market remains in a holding pattern as traders wait for a clear signal.