Zcash (ZEC), Bitcoin (BTC), Shiba Inu (SHIB) and Binance Coin (BNB) Price Analysis For October 5: Bears Could Take Control

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Zcash (ZEC) is experiencing its first significant correction after an exceptional September rally, having gained over 180% in three months before giving back approximately 20% in the past week, with the price currently around $1,330 and key support at $1,280-$1,330. Bitcoin (BTC) is consolidating around $85,000 with major resistance at $86,000-$87,000, and a breakout above this level could target $89,000-$90,000. Shiba Inu (SHIB) is testing long-term resistance around $0.0000056-$0.0000057, a level that has acted as a barrier for months and whose sustained breakout would substantially improve the token’s technical structure. Binance Coin (BNB) displays one of the cleanest bullish structures among major cryptocurrencies, trading near the psychological $800 level with resistance at $795-$805 and a potential target of $820-$850 in case of breakout.

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Disclaimer: this content is for information purposes only and is not financial advice. Cryptocurrencies are highly volatile: you may lose all of your capital. Always do your own research. Legal notice
Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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