XRP holds near $1.52 below resistance as ADA clears September high, U.Today says
In brief
- XRP traded near $1.52 after about two weeks below $1.60-$1.65 resistance, per U.Today.
- XRP's first meaningful support sits at $1.45, according to U.Today.
- ADA moved to around $0.275 after clearing its September high near $0.265.
- ZEC fell from near $1,700 to about $1,330; U.Today called $1,300 key.
XRP's structure still reads bullish, per U.Today
XRP hasn't extended September's rally. Even so, U.Today's analysis says the token remains in a bullish structure. It's trading above its short-term moving average near $1.45 and above a longer-term cluster around $1.35-$1.40, and the outlet notes that September's descending resistance trend line has been broken.
XRP remains in a bullish structure despite failing to extend September's explosive rally.
U.Today's read is that XRP needs a daily close above $1.60-$1.65 before another expansion can develop, with $1.70 and then $1.80 named as the next levels after a breakout. On the downside, $1.45 is the first meaningful support. Losing it could trigger a deeper retracement toward $1.38-$1.40, the outlet said.
ADA clears its September high
ADA traded around $0.275 after a daily candle took it above the September high near $0.265. It's also above its major long-term moving average around $0.24, and the analysis points to a sequence of higher lows since August plus expanding volume on the latest breakout.
Immediate resistance sits around $0.28, according to U.Today, with $0.30 as the next psychologically important level and a broader zone near $0.32 beyond it. RSI is approaching the upper end of its recent range but hasn't reached an extreme. The bullish scenario weakens below $0.255-$0.260 (and losing $0.24 would turn the breakout into a potential bull trap, the outlet said).
ZEC tests $1,300
ZEC is the one that's pulled back.
The token fell from a September peak near $1,700 to approximately $1,330, and it's repeatedly tested the $1,280-$1,320 region over several sessions without a decisive breakdown. U.Today called $1,300 the most important level for ZEC right now. Its RSI has dropped from persistent overbought readings toward the neutral 50 region, and declining volume during the stabilization suggests buyers haven't yet confirmed another major move up. A recovery above $1,400-$1,450 would be the first meaningful bullish signal, according to the analysis.
All figures above are approximate levels U.Today reported at publication on October 6, not live prices. The outlet says its writers' opinions are their own and don't represent its views, and none of this is a trade recommendation.
