Bitcoin
$110,860.50 Although price fluctuation causes significant losses in many altcoins, there are positive divergences. ZK Coin has experienced a triple-digit increase from yesterday to today. But the prices of privacy-focused altcoins are rising en masse. This category-based rise seems to herald a larger rally. So which altcoins are leading the rise?
Privacy Altcoins
Everyone started to avoid altcoins, which were excluded from the stock exchanges due to the lawsuits initiated during the Biden period. However, after Trump took office, the legal pressure on cryptocurrencies disappeared, and privacy-focused and DeFi altcoins breathed easier.
According to CoinGecko data, the total market value of privacy-focused altcoins increased by 80 percent in just 1 week. RAIL, DASH, ZEC stand out among privacy altcoins with a total value of over 25 billion dollars. DASH in particular is also doing well in short-term gains. ZEC had previously accelerated its rise with the support of the news flow and RAIL also comes to the fore.
Altcoins with less visible stealth aspects such as GHOST, VEIL gained 200-300%. This is also related to their lower market value. The first thing that comes to mind when we say privacy-focused altcoin is Monero (XMR) increased by 5 percent weekly.
RAIL, DASH, ZEC Comment
Railgun (RAIL) It reached levels throughout October that it had not seen in 1290 days. Although it made many tests at $4.28, it had to visit the $2.53 and $2 bases. Now that it has reached resistance again, there are two paths ahead. It will either start daily closes above $4.28, targeting the $5.6 resistance, or decline to the $2 support after $3.19 and $2.53.

DASH for years cryptocurrency It is one of the rare altcoins that can survive in the markets. It has increased by 340% in approximately 1 month since the beginning of October. Moreover, he has been sewing with a very large green candle for the last two days.

While its rise has been impressive, gains are shrinking on the weekly chart as the 2021 peak was well above $475. The good news is that $86 has been a very important resistance point that has not been overcome for a long time, and if it can stay above it, it can gain the $110 support and test the $160-210 range.

The most interesting altcoin on the list ZEC Coin because it made 7.3x in roughly 1 month. Moreover, the price discovery process continues as it maintains the 2021 ATH level of $374. If this level can be maintained as support, we can see larger peaks.
Those who follow will remember that in the October 9 ZEC Coin analysis news, we mentioned that closings above $ 290 could trigger a new ATH approaching $ 650. ZEC Coin was around $177 in those days.

