Altcoin price tracking shows “extreme fear” with the Fear & Greed Index at 10 amid tight liquidity after massive capital outflows. In this backdrop, XRP faces selling and regulatory pressure while Zcash posts an extraordinary rally that raises sustainability questions, framing two opposing narratives within the same market stress.
The global market presents technical and macroeconomic signals that have worsened the correction. A “death cross” has reinforced negative sentiment, referring to the bearish convergence that occurs when the short‑term moving average crosses below the long‑term one and often precedes greater selling pressure.
In parallel, there have been outflows of $2.33 billion from Bitcoin ETFs, while large wallet movements by whales have triggered forced liquidations, compounding the fragility of liquidity conditions across the crypto complex.
An additional macro shock cited by traders was the announcement of 100% tariffs on Chinese goods, which, according to reports, pushed Bitcoin to a 25% drop from its October peak to $105,000 and pulled Ethereum back to $3,500; those swings have spilled over to altcoins and intensified the corrective phase.
Key players: XRP, Zcash and token rotation
XRP appears around $2.22 and continues to face the inability to recover the technical and psychological threshold of $2.50. Recent on‑chain movements include a sale of 200 million XRP attributed to major holders, increasing selling pressure. Technical tracking places a critical support at $2.15; defending that level could open rebounds toward $2.40–$2.70, while sustained breaks above $3.50 are conditions cited by analysts for more ambitious targets. Expectations for a spot XRP ETF managed by Franklin Templeton (ticker EZRP) appear as a potential factor of institutional demand, although the shadow of the SEC’s lawsuit continues to condition the price.
In contrast, Zcash (ZEC) records a marked rally: its current price is reported around $681.31 and a monthly advance placed between 200% and 401.78%, with references to a recent high around $538 in some sources. Technical indicators show ZEC above key exponential moving averages and a volume/market‑cap ratio of 18.43%, suggesting relevant liquidity; supports cited are $600, $500 and $400, and resistances at $680–$720 with possible extension toward $800. An important structural event for Zcash is the halving scheduled for November 2025, a reward reduction that historically can affect supply and price.
Capital rotation favors AI and DePIN projects, which show relative resilience, while tokens such as Solana ($137.23, +0.53%), PEPE ($0.0000048, +1.76%), SHIB ($0.0000089, +0.78%) and DOGE ($0.15, +0.77%) register moderate variations; Solana also sees a TVL increase of 15% to nearly $800 million.
At the speculative extreme, presale projects like PEPENODE have raised more than $2.1 million and apply a burn mechanism of 70% of tokens spent in the game, features that attract interest despite the risk.
