ETH and XRP slip as Sui MACD turns lower and Zcash holds retracement

What happened

Ethereum's October 6 close on Kraken was $2,697.24, down 0.45% from $2,709.39. The session moved between $2,683.07 and $2,724.02, leaving the completed candle inside the range of recent sessions. XRP ended October 6 at $1.49698, a 0.70% decline from $1.50748. Its daily range narrowed to $1.49080, $1.52382, and the completed close stayed above both selected exponential moving averages.

Sui closed October 6 at $1.1782, down 2.96% from $1.2142. The session low reached $1.1757 after the candle failed to hold an advance above $1.21. Daily MACD recorded a confirmed bearish crossover on the completed candle. The MACD line eased to 0.10257, marginally below the 0.10275 signal line. The histogram changed from +0.00471 to -0.00018.

Zcash traded near $1,320, roughly 22% below its late-September peak near $1,693. On the Binance ZEC/USDT daily chart, Zcash was at $1,320.83, down 3.35% for the session. The day's range stretched from $1,289.54 to $1,370.21. The daily price fell below the 20-day average but remained above longer-term averages.

Why it matters

For Ethereum, the $2,650.41, $2,683.07 area is the first completed-candle support zone. A daily close below $2,650 would expose the September 24 low near $2,627.68. A level about $2,617 sits one ATR below the latest close. On the upside, ETH needs to reclaim $2,683 and then close above $2,724, $2,738 to reopen the October 2 high at $2,776.46.

XRP remains above its 20-day EMA at $1.47751 and 50-day EMA at $1.39825 on completed candles. A close below $1.4775 would weaken the near-term setup and expose the October 2 low at $1.44698. An upside recovery needs a close above $1.52382, with stronger confirmation at the September 29 high of $1.56056.

Sui's immediate support spans $1.1442, $1.1757. A daily close below $1.1442 would confirm a lower low and expose $1.1049, $1.0971. A close above $1.2182 would stabilize the structure, while clearing $1.2539 would reopen the late-September high near $1.293. For Zcash, CoinGlass showed liquidation concentrations near $1,270 and $1,165, and analyst Ardi expects a possible recovery toward $1,420, $1,500 before another decline.

What the data shows

Ethereum's daily average true range fell to $79.79 from $82.78. Zcash's Aroon Up stood at 21.43%, compared with Aroon Down at 64.29%. Its weekly Bull Bear Power reading remained positive at 567.48. Zcash's 20-day simple moving average was $1,457.18, above its price, while its 50-day average at $1,163.29, 100-day at $828.88 and 200-day at $625.22 remained below.

Questions readers ask