XRP, Zcash, HYPE, SHIB: Key support and resistance levels in focus after steep declines

Major altcoins including XRP, Zcash (ZEC), Hyperliquid (HYPE), and Shiba Inu (SHIB) are trading near critical support levels after experiencing sharp downturns from their late-September highs. Traders and investors are watching closely to see if buyers can defend these zones and revive bullish momentum in the coming sessions. XRP is changing hands near $1.395 following a steep decline from its recent high of $1.66 reached in late September. The coin briefly dropped to $1.32 during a sell-off in early October before recovering modestly. Despite this rebound, trading volume remains subdued, and the short-term trend continues to tilt downward.

Source: CoinTurk News