Three cryptocurrencies posted gains over the past 24 hours, each following distinct technical patterns. Zcash (ZEC) rose 1.83% to $531.26, testing the 0.618 Fibonacci support near $534. Hyperliquid (HYPE) jumped 12.17% to $45.23 after breaking the 0.618 retracement at $44.50. Flare (FLR) climbed 9.93% to $0.00958, extending its weekly gain to 22.11% following a clean breakout above $0.0086 resistance.
Zcash retests Fib support with weakening momentum
Zcash's price is now hovering around the 0.618 Fibonacci retracement level after slipping from higher levels. Resistance sits at the 0.786 retracement near $629, with support at the 0.382 level around $400. The daily Relative Strength Index (RSI) is descending, and the Moving Average Convergence Divergence (MACD) has turned bearish, signaling fading momentum. X analyst @0xifreqs earlier identified the $380 demand zone as the launch pad for the coin's rally and flagged $610 as a key consolidation ceiling. The current test of the $534 level may determine whether ZEC can hold its recent gains or shift lower.
Hyperliquid breaks out above $44.50, eyes $48
Hyperliquid bounced off an ascending trend line from its January low, then pushed past the 0.618 Fibonacci retracement at $44.50. The Bollinger Band Width is expanding, suggesting volatility is picking up, though trading volume remains contracted. RSI sits near 60 — not overbought but not flashing strength either. X trader @hami8040 sees $48 as the next resistance level, with a potential move toward $60 or higher if that breaks. The question now is whether buyers will step in with enough volume to fuel a run toward that target.
Flare surges after multi-month wedge breakout
Flare's jump above $0.0086 marked a breakout from a multi-month falling wedge pattern, according to X analyst @Karman_1s. The coin reclaimed $0.0096 with strong momentum. Its RSI hit 80 on the daily chart, but the analyst noted no bearish divergence, meaning the rally could continue. The next target is the 0.5 Fibonacci retracement at $0.010; a close above that would open the path to the 0.786 Fib at $0.012. Volatility is expanding as the move gains traction.
For Zcash, the coming sessions will test whether the $534 Fib level holds or gives way. For Hyperliquid, the focus is on whether volume picks up to support a push past $48. For Flare, the immediate hurdle is closing above $0.010 to confirm the breakout's next leg.
