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Altcoins & DeFi

Shiba Inu (SHIB), Hyperliquid (HYPE), Zcash (ZEC) and Ethereum (ETH) Price Analysis for October 9: Bearish Tendencies Get Too Strong

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Zcash (ZEC): Trading at $1,190, down 30% from September's $1,700 high, with crucial support at $1,180 and weak momentum (RSI ~40) poised for either a bounce to $1,340 or a deeper fall to $1,050. Ethereum (ETH): At $2,525 after declining from $2,700, testing key support at $2,500 with high-volume selling pressure; must hold above $2,500 or face a potential pullback to the $2,300–$2,350 support zone. Shiba Inu (SHIB): Dropped to $0.00000542 after breaking below its long-term average, now at critical support with weak momentum (RSI 45); holding $0.00000529 could trigger a bounce to $0.00000565, or a further decline below.

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