Zcash, XRP, Avantis defy the drop in Altcoin Season Index

Crypto traders are focusing their attention on Zcash, XRP, and Avantis despite the Altcoin Season Index (ASI) falling below 75. Unlike at other times when the traders have a go at all altcoins, the crypto community is being very picky. 

In a time when the ASI indicator, which oscillates between Bitcoin season and altcoin season, has fallen below the altcoin season, traders are cherry-picking tokens. According to the ASI indicator, the altcoins gain value only when the ASI chart reads a value above 75. However, with ASI falling to 67, the crypto community is shifting its focus to tokens with proper agenda/use cases rather than any altcoin. 

A dip below the ASI 75 level does not mean that the altcoins won’t appreciate. During times like these, volatility will be high and ASI could be all over the place, and that’s why it is important to have an overview of the market rather than picking on moments. A classic example is that, if you closely observe, the ASI is still on an uptrend since July despite falling. So as long as the uptrend is in play, the altcoins will keep appreciating. Zcash, XRP, and Avantis are three tokens that have drawn the attention of the community

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Zcash (ZEC) gains more than 10% 

During the past 7 days, Zcash gained more than 12%. The token gained value from as low as $46 and reached $60 before consolidating close to $55. This price appreciation shows the crypto community has been heavily buying the token, increasing its demand and prices. Zcash is a privacy-focused cryptocurrency that allows nodes to validate transactions without revealing sensitive information. Shielded ZEC transactions, an option on Zcash, leverage the technology of zero-knowledge (zk-SNARKs), where the transaction is recorded on the blockchain, but sender and receiver addresses, including the amount, are not shown in public.  

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Zcash XRP Avantis defy the drop in Altcoin Season Index 1

XRP looks for support close to $2.6

Ripple’s token XRP is no unknown name in the crypto industry. Launched in 2012, the XRP Ledger (XRPL) is an open-source, permissionless ledger that costs only $0.0002 to transact.  It settles transactions in 3-5 seconds, has scalability (1,500 transactions per second), and inherently green attributes (carbon-neutral and energy-efficient).

XRP lost more than 9% during the past week and hit $2.75. However, the 24-hour trading volume is up by 31% and has reached above $8 million, suggesting that investors are taking profits. As shown in the chart below, investors are taking profits from the latest lower high; XRP reached inside the falling wedge. As XRP is currently on its way to make a lower low, its price will fall further and reach $2.6. 

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Avantis is set to reach $2.8

Avantis is an ERC-20 token of a decentralized exchange (DEX) that is focused on crypto, real-world assets (RWAs) like forex, commodities, and indices. The token gained more than 45% during the past week, showing increased favoritism for the token by the community. On the daily chart, AVNT is trading inside a bull flag, and when it breaks out, it will reach $2.8

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The latest market behavior highlights a clear shift in trader sentiment. Rather than chasing every altcoin, the community is zeroing in on projects that demonstrate real utility, strong fundamentals, and sustainable use cases. This suggests that, even in a cooling Altcoin Season Index, investors are becoming more selective and aligning with assets that offer long-term value beyond speculation.

Disclaimer:
This article is for informational purposes only and does not constitute financial, investment, or trading advice. Cryptocurrency investments are subject to high market risk. Readers should conduct their own research or consult with a financial advisor before making any investment decisions. The views expressed here do not necessarily reflect those of the publisher.

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