Top Altcoins Strength Index (4- hour chart calculated using EMA and Average directional index )
| Pair | Value | Recommendation |
| RUNEUSD | 361.96 | Strong Buy |
| ZECUSD | 375.40 | Strong Buy |
Trend and levels to watch Pair
| Pair | Short-term trend | Long term trend | Major resistance | Major Support |
| RUNEUSD | Up | Up | $10.36 | $6 |
| ZECUSD | Up | Up | $168 | $125 |
Key Highlights
THORChain trades higher for the third week and holds well above short term (21 and 55-W EMA).
It could gain momentum if it clears $8.
RUNEUSD was one of the best performers this month and surged nearly 100% as DeFi synthetic assets goes live. It allows users to swap one asset with other assets easily. Short term trend is bullish as long as support $5.85 holds.
Resistance- $8,$10.35
Support -$6,$5.
Zcash -
Zcash is one of the digital coins with privacy features. The pair gained more than $60 on an inflow of more than $420 million last week. It hits a high of $166.45 and is currently trading around $139.92.
On the higher side, near-term resistance is around $168 (38.2% fib) and any breach above targets $195/$221. The immediate support is around $135, the breach below will drag the pair down to $125/$100.
