Zcash Holds $534 Fib, Hyperliquid Eyes $48, Flare Targets $0.01

Zcash retested the $534 0.618 Fibonacci support; Hyperliquid cleared $44.50 and approaches $48 resistance; Flare confirmed a falling-wedge breakout toward $0.01.

Zcash traded around $531 on Binance while testing the 0.618 Fibonacci level at $534 that capped a prior swing high. The rally launched from about $185, with the 0.786 retracement near $629 marked as the next resistance and a 0.382 retracement near $400 as a lower support band. On the daily chart the Relative Strength Index is declining and the MACD has turned bearish, indicating reduced momentum in recent sessions. Analyst @0xifreqs wrote that the rally began in a $380 demand zone and that the token is consolidating below a $610 ceiling; the analyst added that maintaining a higher-low structure would preserve upside potential and that a clear move above $610 would open further upside possibilities.

Hyperliquid traded near $45 on KuCoin after breaking above the 0.618 Fibonacci retracement at $44.50 and bouncing from an ascending trend line originating in January. Bollinger Band Width has expanded, showing higher volatility, while the RSI sits near 60. Reported volume remains below recent norms, leaving the breakout without full confirmation on volume. Analyst @hami8040 wrote that the $48 level is the next decisive resistance and noted horizontal supports around $30, $20 and $10; the analyst added that a clean break above $48 would target prior highs near $59.

Flare quoted about $0.0096 on MEXC after clearing a $0.0086 resistance level and moving toward the 0.5 Fibonacci retracement at $0.01. A close above $0.01 would open the path to the 0.786 level near $0.012. The daily RSI is near 80 without a visible bearish divergence, and volatility measures have expanded. Analyst @Karman_1s described the price action as a resolution of a multi-month falling wedge, noting a reclaim of $0.0096 and rising volume that supports the breakout.

Over the next 48 hours, Zcash must hold the $534 0.618 Fib to keep the path to $629 intact. Hyperliquid requires higher trading volume to confirm the $44.50 breakout and to test $48 resistance. Flare has a confirmed falling-wedge breakout and is tracking toward $0.01 while showing elevated RSI readings. Market participants will monitor daily volume, RSI direction, MACD momentum and weekend liquidity to determine whether these patterns continue or reverse.

Articles by this author