Near Protocol, XRP, Zcash and Shiba Inu face key support tests amid correction

Several major altcoins, including Near Protocol (NEAR), XRP, Zcash (ZEC), and Shiba Inu (SHIB), are encountering significant technical support zones as recent corrections continue to weigh on price action. After sharp rallies in September and October, these assets are now trading well below their recent highs, with signals of either further downside or critical stabilization points emerging on their daily charts. NEAR Protocol saw a robust surge from approximately $1.80 in September to nearly $5.90 in October, marking a substantial rally. However, after peaking, NEAR has entered a correction phase, losing momentum and slipping to around $4.10 at press time. The altcoin is trading beneath its short-term moving averages, particularly after failing to maintain the $4.40–$4.50 band as support. Technical indicators point to growing downside risk for NEAR.

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