The cryptocurrency market is giving mixed signals with most digital assets still going through the post-rally retracement. The major coins, like Ethereum and Solana, are in range-bound phases, while others are showing first signs of movement. The five assets that are currently attracting the most attention from traders are Zcash (ZEC), Solana (SOL), Pudgy Penguins (PENGU), Ethereum (ETH), and Monero (XMR).
The above-mentioned assets represent diverse market trends such as adopting privacy and regulatory positioning, overcoming scalability issues, and meme-driven speculation. Here we focus on the price structure, moving averages, support and resistance zones, volume behavior, and momentum indicators on the daily timeframe.
Zcash (ZEC)
Zcash appears to be in the process of a bullish switch after a prolonged consolidation phase. The price has been consistently rising since October 2025, indicating that the market is slowly accumulating ZEC. ZEC has recently crossed above its 50-day EMA (marked in orange), which was previously acting as a resistance level. This change is setting the stage for better short-term momentum.
The technical structure indicates that support is still above the current price, but past performance suggests a more stable demand range of between $360 and $380. This zone was marked by multiple daily rejections earlier on in the cycle. The 50-day EMA is going upwards; thus, it supports the new trend.
The technical momentum indicators, like the relative strength index, stand at 44.5, which indicates that the bullishness is not yet reaching oversold conditions. The volume has been increasing with the rising prices, which is interpreted as the market’s renewed interest. If the price stays above the $400 level for some time, then the chances of the price moving towards the higher resistance zones at the later part of the cycle will increase.
Solana (SOL)
Solana’s price movement is still confined to a descending channel that has been in place since the middle of 2025. After reaching a peak close to $220, SOL then dropped into a long corrective phase characterized by lower highs and repeated unsuccessful attempts to break through the 50-day EMA (orange). In fact, both moving averages are still pointing downwards, which indicates that the market is under selling pressure.
At the moment, the price is trying to pierce through a very important horizontal support area that is located around $137. This place has been supportive so far but the increasing number of tests does make the probability of a breakdown higher. If the price closes decisively below this level, it will be able to target the $120 area, while on the other hand, if it manages to hold its ground, the uptrend might stretch to the range of $160 to $180 for a short time.
The RSI is still over 60, and the flat movement means bullish momentum is slowing down. The volume metric points out that there is more trading going on during the days of decline, which indicates that sellers are still the ones controlling the market unless there is an improvement in the market structure.
Pudgy Penguins (PENGU)
PENGU keeps showing its weakness in the smaller-cap and meme-related tokens. The token has been following a clear downtrend since July 2025, with the formation of lower highs and lower lows. The price is below the 50-day and 200-day EMAs (cyan), which are both the reasons the upside attempts are being capped.
The token is close to a critical support level of about $0.0113. This area has been very close to being broken and therefore the buyers’ interest needs to be higher to reduce the chances of breaking. If the price drops below support, it could lead to a rapid decline in value for the areas with even less liquidity.
The trading activity is still high, but the daily RSI is signaling a neutral stance and stands at 57.98; thus, it indicates that the speculation has not been strong enough to change the overall trend. The asset needs to make a sustained breakout above $0.0134 to reach its higher resistance levels, which are located at ~$0.02. The technical picture is still weak without the successful reclaiming of the resistance zones at higher prices.
Ethereum (ETH)
Ethereum’s prolonged consolidation continues after its 2025 peak near $4,966.34. The daily chart shows ETH still making lower highs inside a descending structure and not being able to remain above its short-term moving averages. The psychological pivot of $3,000 has been marked as an important level.
There are signs that the 50-day EMA has started to flatten, which can be an indicator of a larger directional move in the near future. The price needs to flip the zone at $3460 with sustained volume to reach its next resistance level of ~$3830. Nonetheless, ETH is still encountering selling pressure in the region between $3,300 and $3,500, which used to be support but now is resistance.
The RSI oscillating around 53 shows that the momentum is neutral, which states that the price is being bound within the current range. Ethereum’s pattern suggests a period of waiting instead of aggressive selling, with the overall market movements likely to determine the direction.
Monero (XMR)
Monero continues to be among the technical performers with the biggest price changes in large-cap privacy assets. Since the middle of 2025, XMR has been continuously moving upwards and has been above both its 50-day and 200-day EMAs. The moving averages are still providing support.
The price is getting near to a huge resistance area, which is around its previous all-time high at about $519. The RSI is still above 60, which means there is bullish momentum, but it is still far from being overbought. Volume increasing together with the price going up also gives support to the trend.
A correction to the $400 to $420 area will not affect the general structure. If the price experiences a deeper correction, the daily support levels around $360 may be tested. If a continuous breakout occurs on the upside of the resistance while momentum is still there, then it would mean the continuation of the current bullish trend.
Market Outlook
In general, these assets underline the difference in the crypto market. Privacy-oriented cryptocurrencies like ZEC and XMR are showcasing their strength comparatively, while tokens – the ones for scalability and memes – are still facing pressure. As the year 2026 goes on, the market looks to be set for a selective approach instead of a general ascent with a slow but sure increase in volume and equal momentum indicators.
