XRP faces the risk of losing US$1 support, Zcash and Hyperliquid are approaching key technology leve

XRP faces the risk of losing the support of US$1. Zcash and Hyperliquid are approaching key technical levels.

XRP has returned to the key psychological threshold near US$1 after multiple failed attempts to break through key resistance levels. Recent price movements show that the short-term uptrend line that had supported the entire month of July is under tremendous pressure. XRP has fallen below its short-term moving average and shows signs of continued weakness.

Key support weakens, XRP comes under pressure

Analysts pointed out that XRP, a digital asset developed by Ripple, recently tried to rebound towards the 50-day exponential moving average (EMA), but was quickly suppressed. Current prices continue to operate below the 26th, 50th and 100th moving averages, while the 200-day moving average remains high at $1.43, further reinforcing the current bearish trend. The continued narrowing of trading ranges has raised concerns among market participants.

Although XRP forms lower highs and relies on a slowly rising support line, this structure is often accompanied by sharp breakthroughs. Downside risks remain as buyers struggle to recover resistance in the $1.11 to $1.12 range. Volume analysis showed that buyers were hesitant and trading activity remained sluggish even in attempts to rebound.

Market observers point out that the XRP's Relative Strength Index (RSI) has fallen back to around 48, in a neutral region-historically, this region allows prices to fluctuate in either direction. However, the downward trend in prices combined with a neutral RSI suggests that momentum may be fading rather than accumulating.

To restore bullish sentiment, the RSI needs to rise above 50, accompanied by an increase in trading volume. The US$1 mark remains a critical level, and after many tests, the resilience of this psychological support seems to be weakening. If the daily closing price falls below US$1, it may trigger a wave of stop-loss orders, accelerating the decline to the next support level of US$0.95.

In order to reverse the current bearish trend, bulls must hold on to the rising support line and break through the key moving average centered between $1.11 and $1.15. Analysts warned that without a clear rebound, XRP is facing its most critical technical moment in recent months.

Support/Resistance

Main Resistance: US$1.11 - 1.12 (Short-term Suppression)
Psychological Support: US$1.00 (Multiple Tests)
Next Support: US$0.95 (Stop Loss Trigger)
200-day Moving Average: US$1.43 (short dominated)

Zcash holds on to key moving average and stands firm

Zcash (ZEC), a privacy coin launched in 2016, currently trades at a price above all major moving averages. Its 50-day EMA is at $476, while longer-term support levels-the 100-day and 200-day moving averages-are at $460 and $408 respectively. Despite recent corrections, this ranking suggests that as long as prices remain above these levels, long-term bullish tendencies remain.

The $500 area has become a technical pivot point and an important psychological price point. After experiencing a strong rally in May and July, Zcash entered a consolidation phase, allowing the market to absorb profit-making orders. Lower volume suggests there is no panic selling, while momentum indicators point to a cooling phase rather than a trend reversal.

ZEC's relative strength index is currently close to 49, indicating that assets have moved out of overbought territory. If buyers can hold on to the $500 support level, the focus will first shift to the recent high of $580, and then the important resistance area between $650 and $680.

Hyperliquid tests key support areas

Hyperliquid (HYPE) is approaching one of the most important support areas since its sharp rally earlier this year. After hitting a high above $75, the asset has pulled back to $57 near the 100-day moving average, a level that has seen new buying interest. If this support level is held, it is expected to rise back to $70.

Although the recent correction erased most of HYPE's gains in July, the overall upward structure remains intact. The 100-day moving average is providing dynamic support and the token continues to trade above the 200-day moving average (approximately $50).

Market participants are paying close attention to the US$57 area, which coincides with previous breakthroughs and could serve as the basis for a new round of gains. Today's trading pattern shows that the threshold is still actively defensive, while the RSI has fallen back to a low in the early 40s, indicating that the excesses of the previous rally have largely subsided.

For HYPE bulls, the next challenge is to break through short-and medium-term resistance levels of $63 to $65. A clear break through this range is likely to reignite buying momentum and shift the focus back to $70, followed by a previous high between $75 and $76. However, if the US$57 support falls, it could point to a more significant downward trend, and the 200-day moving average (approximately US$50) would provide strong long-term support.

If buyers continue to hold on to current levels, HYPE is in good condition to rebound, and technical indicators support its possibility of recovering towards US$70 in the short term. Currently, the dominant chart structure and momentum for recovery suggest that the pullback phase may be drawing to an end as buyers gather at key support levels.

Mini Dictionary

Hyperliquid (HYPE) is an emerging digital asset that has attracted attention due to its rapid price fluctuations and growing on-chain trading activity. Its technical performance is usually monitored through moving averages and relative strength indicators to assess market sentiment and potential turning points.