Several top cryptocurrencies have shown renewed upward momentum, with investors closely watching key technical levels to assess the possibility of further rallies or deep corrections in the n
Several top cryptocurrencies have shown renewed upward momentum, with investors closely watching key technical levels to assess the possibility of further rallies or deep corrections in the near term.
Shiba Inu eyes critical resistance
Shiba Inu has witnessed a robust recovery from its $0.00000500 support, surging by around 5.6% to $0.00000532. This rebound followed a period during which buyers defended a vital cluster of moving-average support, allowing SHIB to rise above both its 100-day and 50-day averages near $0.00000504 and $0.00000497, as well as its short-term moving average around $0.00000517.
With these supports intact, SHIB appears less vulnerable to a deeper correction toward its August lows. However, the recent upward trendline has been breached, and the token has yet to reclaim this trajectory. The zone between $0.00000545 and $0.00000555 serves as the first resistance, with the main technical barrier set by the declining long-term moving average at roughly $0.00000566.
Despite its gains, momentum remains uncertain. The Relative Strength Index (RSI) sits just below its signal line at 54.6, compared to a signal of 53.8. If SHIB manages to convincingly move past $0.00000555 with strengthening RSI, another test between $0.00000565 and $0.00000570 becomes more likely, while a renewed drop below $0.00000500 could threaten the current recovery.
CoinKey SupportKey ResistanceCurrent RSIShiba Inu (SHIB)$0.00000500$0.00000555–$0.0000057054.6
Hyperliquid (HYPE)$78–$80$84–$9056.6
Binance Coin (BNB)$700$740–$78059.9Zcash (ZEC)$1,050–$1,080$1,240–$1,40067.6
Hyperliquid stays structurally bullish
Hyperliquid, trading under the ticker HYPE, has retained a bullish technical structure despite a notable correction. The token is currently valued at approximately $83.01 after recovering from a short-term dip to $78. HYPE remains above its medium- and long-term moving averages and had previously peaked near $89 in September.
The $78–$80 range is critical, providing dynamic support around $78.78. More distant supports are in the $66.40 and $57.76 regions. The RSI for HYPE has dropped from overbought levels to 56.6, below a signal average of 63.7, which reflects a loss of momentum rather than the formation of a bearish trend. Stability above $78–$80 could renew the drive toward $88–$90, while a confirmed break below $78 would heighten the risk of a broader correction down to the high $60s.
Mini dictionary: Hyperliquid (HYPE) is a decentralized perpetual futures exchange protocol, aiming to provide high capital efficiency and low-latency trading for crypto derivatives markets.
BNB works to regain September peak
Binance Coin, the native token for Binance, has staged a modest recovery after a volatile correction from its September high. Trading at around $733, BNB has risen roughly 3.4% from the previous day, supported by buying at $706. The technical structure remains positive, with the token firmly above $700.
After overcoming its main moving averages in August, BNB reached a rally peak of about $780 in early September. A significant resistance zone now lies at $740–$750, and a sustained move beyond this could open the way for another approach toward $770–$780. If a new high is set, the psychological $800 level would come into focus. Short-term defensive support levels exist at $695–$705, with deeper clusters at $657, $647, and $643. The RSI currently stands at 59.9, which is below the signal line of 66.4, highlighting a decrease in momentum without signaling a breakdown.
Zcash, a privacy-focused blockchain network, continues to lead in technical strength among large-cap assets. ZEC is trading at about $1,187 after rebounding from an intraday low of $1,054, marking a gain of almost 10% on the day. Since mid-August, ZEC has soared from roughly $500 to peak near $1,300, more than doubling in a few weeks.
Strong support is measured at approximately $916, backed by further moving averages near $691, $647, and $532. Although ZEC has left overbought territory—the RSI is near 67.6 with a signal average of 74.6—momentum remains firm. The resistance zone between $1,240 and $1,300 marks the next major hurdle. If cleared, price discovery may target the $1,350–$1,400 range. On the downside, a return below $1,050 could trigger a retreat to $1,000 or the dynamic support area near $916.
The resilience of large-cap tokens like Zcash, Binance Coin, and Hyperliquid is underpinned by their ability to defend key support zones despite recent market volatility. Sustained rallies above resistance levels could reaccelerate bullish momentum, but further selloffs would intensify correction risks.
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