Altcoin Leaders Extend Rally as Technical Signals Turn Constructive

Key Moments

Altcoins Benefit From Improving Crypto Sentiment

Altcoins such as Zcash (ZEC), Telcoin (TEL), and Curve DAO (CRV) are at the forefront of the latest cryptocurrency market rebound over the past 24 hours. The advance is supported by an improvement in investor sentiment tied to Vanguard Group’s decision to lift its ban on crypto Exchange Traded Funds (ETFs) and Charles Schwab group’s announcement that it plans to introduce Bitcoin (BTC) and Ethereum (ETH) trading functionality in 2026.

Zcash Holds $300 Support as Momentum Stabilizes

Zcash is trading about 3% higher at press time on Thursday, extending the 8% upswing recorded on Wednesday. The privacy-focused cryptocurrency is holding above the $300 psychological support area, with price action oriented toward a potential retest of the $350 region.

If the recovery persists, ZEC could look toward the 50-day Exponential Moving Average (EMA) at $421. A decisive move above that moving average would open the door for a further advance toward the $550-$527 supply zone.

On the daily chart, the Relative Strength Index (RSI) stands at 38, reflecting a sideways movement before reaching oversold territory and indicating easing selling pressure. A turn higher in the RSI, particularly a move above the midline, would indicate renewed buying interest. However, the Moving Average Convergence Divergence (MACD) indicator continues to point to strong bearish conditions, with its average lines positioned below the zero line.

On the downside, the primary areas of support for ZEC are the $300 psychological level and the 200-day EMA at $216, which underpin the broader structure for the privacy coin.

Telcoin Builds on Breakout as Golden Cross Confirms Uptrend

Telcoin is extending its recovery, having gained over 7% so far this week as it continues to bounce from its 200-day EMA. At the time of writing on Thursday, TEL is consolidating with a modest pullback of just over 1% following a strong 13% advance in the previous session.

Key overhead resistance levels for TEL are defined by the August 14 high at $0.006653 and the July 18 high at $0.007500. The current upswing is also aligned with an earlier breakout from a falling wedge pattern on the daily chart registered on November 12.

Roughly 70% gains since November have driven the 50-day EMA to cross above the 200-day EMA, forming a Golden Cross pattern. This formation is typically associated with a strengthening long-term bullish bias as an uptrend develops.

Momentum indicators reinforce this constructive setup. The MACD shows a bullish crossover between its average lines, indicating rising buying pressure, while the RSI reading near 60 and positioned above the midline reflects a positive bias for TEL.

On the downside, the 50-day EMA at $0.004872 serves as Telcoin’s main support level, anchoring the current uptrend.

Curve DAO Targets 50-day EMA Within Range-Bound Structure

Curve DAO’s native token is trading about 1% higher at press time on Thursday, following an 8% advance the previous day. This rebound is unfolding within a consolidation range, with buyers focused on the 50-day EMA at $0.4781 as an initial upside objective. That EMA is aligned with a resistance trendline drawn from the October 15 and October 27 highs on the daily logarithmic chart.

Momentum indicators on the same chart indicate a constructive bias. The RSI stands at 48 and is on track to move above the midline if the recovery continues, while both the MACD and signal line are trending higher, pointing to building bullish momentum.

On the downside, the November 21 low at $0.3651 remains the critical support for CRV, providing an important reference point for participants monitoring the durability of the current recovery.