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Top 3 Altcoins Benefiting Most From Bitcoin's Latest Rally

Top 3 Altcoins Benefiting Most From Bitcoin's Latest Rally

BeInCryptoBeInCrypto2026/08/24 20:33
Bitcoins 25% weekly rally has dragged a small group of altcoins sharply higher, with Zcash (ZEC), Aave (AAVE), and XRP printing the strongest weekly candles among large caps. Bitcoin trades near $78,702 after reaching its highest level since May. Meanwhile, all three altcoins cleared long-standing technical resistance on rising volume, which suggests the move runs deeper than short-term momentum. Zcash Clears Its November 2025 Peak and Tags the $903 Target Zcash gained 75.5% last week, its largest weekly candle of the cycle. ZEC now trades at $846.51, down 1.19% over 24 hours. The rally pushed ZEC above the November 2025 peak at $749. Price now sits inside the first target zone, which ends at the 1.272 Fibonacci extension at $903. ZEC weekly chart. Source: TradingView Above that level, the 1.618 extension at $1,099 becomes the next objective. Support sits at the 0.786 Fibonacci level near $628, with a deeper floor at $533. However, the weekly RSI has reached 70, placing ZEC on the edge of overbought territory. Volume also stayed thin through the range before last weeks spike. Aave Escapes a Seven-Month Descending Channel Aave rose 64.5% and broke out of the descending parallel channel that had capped it since January. AAVE trades at $136.08, down 3.08% on the day. 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. AAVE weekly chart / Source: Tradingview The next hurdle sits at $150, the zone AAVE broke down from in early January. Last weeks high of $144.68 already came within 4% of it. A weekly RSI of 60 leaves room before overbought conditions appear, unlike ZEC. Institutional interest in Grayscale and other funds has also built up throughout the year. XRP Breaks a 13-Month Descending Trendline 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, down 1.02% over 24 hours. Volume on the breakout candle reached its highest level since February, indicating genuine participation. XRP weekly chart. Source: TradingView Price also cleared the May swing high at $1.4735 and turned it into support. Resistance now sits at the 0.618 Fibonacci level at $1.70. Weekly RSI at 57 remains neutral, leaving XRP with the most headroom of the three tokens. Each setup rests on Bitcoin holding its gains. A rejection below $80,000 would likely stall these breakouts at their first resistance levels. Conversely, continued strength keeps $903 in ZEC, $150 in AAVE, and $1.70 in XRP in play.
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华尔街见闻2026/08/24 21:31