In a mixed market, several altcoins are showing significant technical moves. Leading the pack is Zcash (ZEC), which has rallied nearly 10% in the past day as buyers push toward the $400 price level, signaling renewed momentum for the privacy-focused token.
Elsewhere, MYX Finance (MYX) is extending its recovery, having broken above its 50-day moving average and now testing resistance at the 100-day EMA near $3. This is a critical level; a clean break could signal a shift to a more bullish trend structure.
Dash (DASH) is also on traders’ radars, holding above $50 but facing a similar battle at its 100-day EMA. Its struggle to break through highlights the importance of these technical thresholds. For active traders, these EMA tests create clear risk/reward setups: a successful breakout offers a defined entry, while a rejection provides a clear exit signal. Watching how these assets handle these levels provides a real-time lesson in market sentiment and momentum.