NEAR, Zcash, and BNB Face Sell Signals as Key Supports Tested

iconCryptofrontnews
Share
AI summary iconSummary
NEAR, Zcash, and BNB face sell pressure as key support levels come under test. NEAR has fallen 24%, with $4.30 as immediate support level. Zcash dropped 25%, with $1,100 as critical support. BNB declined 8%, with $710 as next key support level. Market cap outside top 10 assets hit $220.58 billion, with RSI at 41.82 and negative MACD showing ongoing weakness.
  • NEAR has fallen 24% as analyst flags a weekly sell signal, with support at $4.30 and downside risk toward $3.76.
  • Zcash has dropped 25% and BNB 8%, with critical support at $1,100 for ZEC and $710 for BNB.
  • Crypto market capitalization excluding the top 10 assets fell to $220.58 billion, while RSI at 41.82 and negative MACD indicate persistent selling pressure.

NEAR Protocol, Zcash and BNB are facing fresh technical warnings after indicators turned bearish, according to analyst Ali Charts. The tokens have already fallen between 8% and 25%, while key support levels remain under pressure. Meanwhile, the broader cryptocurrency market excluding the top 10 assets has weakened, with momentum indicators showing continued selling pressure.

NEAR, Zcash and BNB Face Critical Support Levels

Ali Charts reported that NEAR Protocol’s weekly TD Sequential indicator flashed a sell signal. The previous comparable signal preceded a 32% correction. NEAR has fallen 24%, with $4.30 serving as its immediate support level. A break below that price could expose $3.76.

Zcash is showing another bearish pattern. Its Parabolic SAR dots have moved above the price, following a technical shift that previously preceded a 54% retracement. ZEC has declined 25% so far. However, a break below $1,100 could leave $850 as the next level to watch.

BNB’s daily SuperTrend indicator has also flipped to a sell signal. Ali Charts noted that the previous comparable flip preceded a 26% decline. BNB has dropped 8%, with $710 providing immediate support. If that level fails, the analyst is watching $680 next.

Broader Crypto Market Capitalization Extends Decline

The cryptocurrency market capitalization excluding the top 10 assets is at $220.58 billion on the four-hour chart, down 0.75% on the latest candle. That candle opened at $222.25 billion, reached $222.33 billion, and fell to $219.37 billion.

OTHERS 2026 10 18 10 04 26 1
Source: TradingView

Market capitalization climbed from approximately $195 billion around September 16 to nearly $255 billion on September 27. It then reversed, forming lower highs and lower lows. After falling from around $247 billion following October 6, it briefly rebounded toward $242 billion on October 12 before declining again. Trading volume currently stands at $18.42 billion.

RSI and MACD Confirm Persistent Selling Pressure

The immediate market support zone lies between $218 billion and $220 billion. A decisive break could expose $215 billion and potentially $210 billion. However, recovery above $225 billion to $230 billion could bring resistance at $235 billion and $240 billion into focus.

The Relative Strength Index is at 41.82, below its 44.12 signal average and the neutral 50 level. However, it remains above the conventional oversold threshold of 30. The MACD line sits near negative $2.15 billion, below its negative $2.09 billion signal line.

Its histogram reads approximately negative $64.24 million, with both lines below zero. Ali Charts cautioned that sell signals are warnings, while breaks below support would strengthen the case for further declines.

Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.