The cryptocurrency market fell 0.87% during the last 24 hours, reflecting a technical correction following Bitcoin’s “Uptober” rally to a brand new all-time excessive. Retail merchants unwound leveraged lengthy positions amid worth dips, indicating capital rotations to safer belongings amid macroeconomic uncertainty.
Zcash (ZEC), Cardano (ADA), Litecoin (LTC), and Dogecoin (DOGE) are among the many large-cap cryptocurrencies which might be exhibiting bullishness amid a broader market decline. Their respective rallies are backed by a number of key catalysts, together with the resurgence of the privateness coin narrative, institutional demand, network-related momentum, cross-chain help indicators, and technical breakout indicators.
One other essential level to notice about these belongings is their rising enchantment amongst institutional buyers. The U.S. Securities and Alternate Fee (SEC) is presently contemplating proposals from a number of asset managers for exchange-traded funds (ETFs) tied to LTC, ADA, and DOGE, with remaining choices anticipated this month. In the meantime, digital asset supervisor Grayscale has launched a ZEC Belief, permitting institutional and retail buyers to realize regulated publicity to Zcash.
1. Zcash ($ZEC): Greatest-Performing Altcoin of the Day
The worth of ZEC rose 31.45% during the last 24 hours, extending its 7-day rally of 67.9%. This surge was pushed by bullish technical indicators, institutional demand, and widespread help for Zcash’s privateness expertise.
Grayscale’s newly launched Zcash Belief (ZEC) noticed $46 million in inflows this week, indicating that establishments view ZEC as a compliance-friendly privateness asset. Zcash’s non-obligatory transparency protocol aligns with regulatory requirements, decreasing delisting dangers related to its counterpart Monero (XMR).
MIT researcher Madars Virza highlighted that the blockchain’s shielded transaction expertise is able to providing stronger privateness than Monero’s ring signatures, whereas its quantum resistance is stronger than Bitcoin’s cryptography.
ZEC broke above the 78.6% Fib retracement stage ($83.4), however its 14-day RSI sits at 80.27, signalling excessive overbought situations, whereas MACD divergence of +10.5 confirms bullish momentum. Quick-term merchants could also be chasing the breakout, however a excessive RSI raises correction dangers. The following key resistance for ZEC is the 127.2% Fib extension stage at $262.42. Sustained closes above the $216.4 swing excessive would affirm pattern continuation, whereas profit-taking might drop ZEC under the 23.6% Fib retracement stage of $176.47.
On the time of writing, Zcash (ZEC) is buying and selling at $236.18 – up 34.14% in 24 hours.
2. Cardano ($ADA)
ADA’s worth rose 0.9% in 24 hours, outperforming the broader crypto market. Key drivers embody an impartial audit of the Cardano blockchain exhibiting no foul play, a partnership with Close to Protocol boosting cross-chain help, and a constructive technical rebound.
Cardano founder Charles Hoskinson notified the group that an impartial audit of the community addressing 2021 allegations of ADA mismanagement is predicted by October 20, with preliminary findings exhibiting no fraud. A constructive report might restore institutional confidence in ADA forward of potential U.S. ETF choices and regulatory dangers tied to crypto belongings.
NEAR Protocol and Cardano joined arms to help ADA for direct token swaps throughout greater than 20 blockchains, together with Bitcoin, Ethereum, and Solana, with out the necessity for bridges. That is set to increase ADA’s DeFi utility and liquidity entry; nevertheless, the community might be competing with already established cross-chain options.
ADA rebounded from a vital help on the Fib 0.5 stage ($0.78), with its MACD histogram turning constructive at +0.0005, ending an 11-day bearish streak. But it surely’s a 7-day Relative Power Index (RSI) at 42.76 that’s nearing oversold territory. Because of this algorithmic merchants triggered purchase orders at key worth ranges. In the meantime, the resistance on the 200-day EMA ($0.85) stays a serious hurdle for the worth.
On the time of writing, Cardano (ADA) is buying and selling at $0.8142 – up 0.65% in 24 hours.
3. Litecoin ($LTC)
LTC rose 9.38% during the last 24 hours, outpacing the broader crypto market’s drop in the identical interval. The principle components behind the rally are optimism surrounding Litecoin ETF approvals, institutional accumulation, and technical breakout.
Although the SEC missed its October 2 deadline to rule on Canary Capital’s spot Litecoin ETF as a consequence of a authorities shutdown within the US, analysts like Eric Balchunas imagine there’s a 90% likelihood the product might be permitted as a consequence of LTC’s commodity classification and new ETF itemizing requirements. Issuers have accomplished their remaining filings; therefore, the delay shouldn’t be as a consequence of irregularities. Delayed ETF approvals have triggered speculative shopping for, as seen in Bitcoin’s pre-ETF itemizing rally.
In July 2025, MEI Pharma adopted LTC as a treasury asset, with Litecoin founder Charlie Lee becoming a member of the corporate’s board of administrators. They’ve allotted $100 million to accumulate LTC, which is taken into account “digital silver”. This follows digital infrastructure and expertise agency Luxxfolio saying plans for a 1M LTC treasury by 2026.
LTC broke above its 7-day SMA ($119.97) and 200-day EMA ($105.61), with its 14-day RSI studying of 68.09 closing in on overbought situations, and rising MACD histogram signalling bullish momentum. The following resistance stage for Litecoin is the 127.2% Fib extension at $134.69. An in depth above $127.45 swing excessive might goal $134.59, however failure to carry that stage dangers a pullback to the 23.6% Fib retracement at $121.16.
On the time of writing, Litecoin (LTC) is buying and selling at $129.44 – up 11.91% in 24 hours.
