Zcash, Pi Network, and Pump.fun Show Strong Gains
Zcash (ZEC), Pi Network (PI), and Pump.fun (PUMP) are the top winners among the top 100 cryptocurrencies in the last 24 hours. Each token has gained more than 10%. This uptrend matches the growing bullish trend in the crypto market. If the market stays steady, these tokens could see more gains.
Zcash Nears New Record High
Zcash is up 12% on Monday, adding to Sunday’s 17% rise. The coin has gained for five days in a row. It is close to its all-time high of $372 and the resistance level at $381. If ZEC breaks above $381, the next target is $436.
- MACD indicator shows a strong uptrend on the 4-hour chart.
- Relative Strength Index (RSI) is 73, signaling strong buying pressure.
- Key support level is at $303.
Pi Network Gains Momentum
Pi Network is trading above $0.25, nearing the 50-day Exponential Moving Average (EMA) at $0.2627. The token rose 13% on Monday after a 7% gain on Sunday. If PI breaks $0.2627, it could reach $0.3220, a previous support level.
- MACD shows steady growth after the October 18 crossover.
- RSI is at 60, with space to grow before becoming overbought.
- Support level is at $0.1919, from the October 11 low.
Pump.fun Recovers Above 50-Day EMA
Pump.fun stays above its 50-day EMA at $0.004788 on Monday. The token rose 1% today after a 15% jump on Sunday. Bulls aim for the central Pivot Point at $0.006057 if the rally continues.
- MACD shows a steady rise with three green bars after Saturday’s crossover.
- RSI is 53, indicating more buying pressure.
- Support levels are $0.004000 and $0.003134 (S1 Pivot Point).
