Bitcoin Rally Ignites Breakout in Zcash, Aave, and XRP
Bitcoin's recent rally has sparked significant gains in three altcoins: Zcash (ZEC), Aave (AAVE), and XRP. The trio cleared long-standing technical resistance on rising volume, indicating a deeper move than short-term momentum.
Zcash was the clear winner, surging 75.5% last week to $846.51. It broke above its November 2025 peak at $749, and now sits inside the first target zone, which ends at the 1.272 Fibonacci extension at $903. The 1.618 extension at $1,099 is the next objective, but ZEC's weekly RSI has reached 70, placing it on the edge of overbought territory.
Aave rose 64.5% and broke out of a descending parallel channel that had capped it since January. The breakout cleared the $125 resistance band, which now flips to first support. Below that, the former channel floor near $90 marks the next line of defense.
XRP climbed 53% and broke the descending trendline drawn from its July 2025 record near $3.66. That line has rejected four rally attempts since then. XRP trades at $1.50, with resistance now sitting at the 0.618 Fibonacci level at $1.70.