Shiba Inu, Zcash, Monero, Dogecoin: Bears Dominate as Key Supports Are Tested
Shiba Inu (SHIB), Zcash (ZEC), Monero (XMR), and Dogecoin (DOGE) are all struggling under bearish pressure. SHIB is holding precariously near $0.
Shiba Inu, Zcash, Monero, Dogecoin: Bears Dominate as Key Supports Are Tested Shiba Inu (SHIB), Zcash (ZEC), Monero (XMR), and Dogecoin (DOGE) are all struggling under bearish pressure. SHIB is holding precariously near $0.0000050, while ZEC and XMR have dropped significantly from recent highs. Each coin faces critical support levels that, if broken, could lead to further declines, though bulls still have a chance to reclaim lost ground if key resistance points are breached. Shiba Inu (SHIB), Zcash (ZEC), Monero (XMR) and Dogecoin (DOGE) Price Analysis for October 14: Bears Show More Dominance For buyers to take back control, SHIB needs a daily close above $0.00000530, and preferably above $0.00000542. That would put the 200-day line back in play, with $0.00000600 as the next big target. If SHIB closes under $0.0000050, the bounce thesis fails. The next stop would be the $0.00000475 to $0.00000490 zone, and a break of that area could open the way toward $0.00000440, the August low. What happens next: for now, SHIB is sitting on support with no clear trend.Zcash Price Analysis Shows Momentum SlipsThe $0.0000050 level will decide the next move. Zcash is trading near $1,196 after a steady drop from its late-September high of about $1,700. That is a loss of approximately 30%. The price is now sitting right at the blue 50-day moving average, which is the Support is at $1,120 (the recent low), then $1,050 to $1,100, where ZEC paused in September.Deeper support is the orange 100-day average near $985 and the black 200-day average near $760. Resistance is at $1,230, $1,290, then $1,350. Still, the signals are cooling. The RSI has slipped below 50, which suggests momentum has turned weaker.Volume has also decreased over the past few days, so . Today's candle has a long lower wick down to $1,123, so buyers are protecting this area. But the bounce has stayed below $1,230, and the green 20-day average near $1,290 remains above the price. Bulls need a daily close above $1,230, and then above $1,290, to show the pullback is over.That would open the way back toward $1,350 and higher. If ZEC closes below $1,120, the 50-day average will have failed. The price could then slide to $1,050, and the 100-day average near $985 would be the next big support. What happens next: the trend is still up on the larger chart, because all the averages point upward.Monero Price Holds Support Despite DropBut the short-term trend is down, and ZEC must hold $1,120 to keep the larger trend safe. , which sits around $515. Today's candle is small, with a high of $544 and a low of $519. The price is down about 17% from the September peak near $635.That spike was quick and was sold off fast, so the real top area is closer to $590 to $600. Support is at $515 (the 50-day average), then $483 (the recent low), then $472 (the 100-day average). A few days ago, a sharp wick took the price down to about $483. Buyers pushed it back up quickly, which indicates demand below $500.Resistance is at $540 to $545, then $560, then $590. The trend is still up on the larger chart. All the major averages point higher, and the 200-day line (black, near $430) is far below. Bulls need a daily close above $545.That would put $560 in play and could start a new push toward $590. If XMR closes below $515, the 50-day average will have failed. The price could then return to the $483 low, and the 100-day average near $472 would be the next big floor. What happens next: for now, XMR is in a range between $515 and $545.Dogecoin Bounce Faces Strong ResistanceA break on either side will set the next direction.. Today's green candle has a long lower wick down to $0.0800, so buyers defended the round number. The price has bounced about 5% from the low. The problem is the averages above.DOGE is beneath the orange 100-day line (near $0.0862), the blue 50-day line (near $0.0877) and the green 20-day line (near $0.0890). The 200-day line near $0.0928 is the last big barrier. In late September, DOGE failed to hold above it, and the price has slid since. The RSI is below 50, DOGE needs a daily close above $0.0862 to show the bounce has strength.A close above $0.0890 would be a bigger win, and it could open the way to the 200-day line near $0.0928. Above that, $0.0960 to $0.1000 is the next area. If DOGE closes beneath $0.0800, the bounce fails. The price could then test $0.0780.A break of that level could send it toward the $0.0700 area, where it traded in July and August. What happens next: the $0.0800 floor is holding for now. But with every average above the price, DOGE has a lot of work to do before the trend turns. Meet A7 International, an Innovative Global Platform Designed to Reinvent the International Payments Market
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