Ethereum, Chainlink, NEAR and Zcash test key support levels
- —Ethereum: a daily close below $2,300 risks further losses, while a rebound needs a move back above $2,460
- —Chainlink has lost over 25% in a month; a break below $11 opens the way to $10 and then $9.50
- —NEAR is holding at its 50-day average of $4.28; a close above $4.75 would signal the correction is over
- —Zcash trades near $1,204 inside a $1,050–$1,370 range, with volumes well off their peak
Why it matters: Daily closes at these levels will determine whether the altcoin pullback is a pause or the start of a deeper decline.
Source: Digital Today