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As Bitcoin Fights to Reclaim $80,000, These 3 Altcoins Are in Focus

source-logo  crypto-economy.com 6 h
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  • Bitcoin strings together three consecutive down weeks as it attempts to hold the $80,000 technical barrier on October 26, 2026.
  • MemeCore posts a 44% gain in seven days and trades at $0.97, sitting just below its $0.976 technical resistance.
  • The institutional investment vehicle Grayscale Zcash Trust pulled in $41.1 million in net weekly inflows, marking its largest capital flow since mid-September 2026.

Cautious investors navigate a crypto market under pressure from macroeconomic volatility. Against this backdrop, 3 altcoins are in the spotlight due to their divergent dynamics across a sector showing broad weakness.

The price of Bitcoin has failed to consolidate support above $80,000 following three straight weeks in the red as October draws to an end. Sluggish global stock indices and caution among retail participants are holding back global liquidity.

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Despite the defensive environment, a trio of alternative assets is decoupling from the broad spot market trend.

The MemeCore (M) token saw an appreciation close to 44% over the past week, with its price hovering around $0.97. This surge comes after months of persistent valuation contraction. Technical market analysis indicates that the altcoin faces a crucial test as it sits directly beneath its immediate $0.976 resistance.

Technical projections from the firm suggest that a sustained breakout above $0.976 would clear a path toward a secondary target at $1.75, representing a potential upside of roughly 80%.

Recent attempts to crack the psychological $1.00 mark met heavy selling pressure in the order books. Conversely, platform analysts note that a rejection at current levels could trigger a retracement toward its primary support at $0.75, pointing to a potential decline of nearly 23%. MemeCore’s relative strength index (RSI) returned to neutral readings on daily candles, signaling a recovery in buying momentum without formally reversing its previous broader bearish structure.

Meanwhile, Ethena ($ENA) has accumulated an 8% gain heading into the final week of October, trading around $0.205.

Since August, the asset’s lows have steadily climbed. $ENA’s price repeatedly defended the technical floor at $0.188, even after absorbing the scheduled token unlock executed in early October. Market technical data suggests that price range compression coupled with falling transaction volume typically precedes significant volatility spikes.

Technical Behavior and Institutional Flows in Altcoins

If buy-side volume continues to defend the $0.188 mark, technical projections place the target resistance for Ethena at $0.244, corresponding to a potential 19% upside move.

A breakdown below that support would compromise the higher-low structure seen on the daily chart. Bollinger Bands on the $ENA/USDT pair reveal ongoing narrowing as of October 26, a technical pattern that reflects an immediate drop in volatility ahead of a directional catalyst.

The privacy sector also shows traction, with Zcash ($ZEC) trading at $1,228 following a 7% weekly gain.

The specialized Grayscale Zcash Trust vehicle recorded $41.1 million in institutional inflows during the final week of October 2026, marking its largest capital intake since mid-September. On the charts, $ZEC is attempting to flip the $1,234 level into confirmed support on daily candle closes.

An industry source indicates that a confirmed daily close above $1,234 would open the door for a push toward major resistance at $1,411, representing an estimated 15% upside move.

Under an adverse scenario, a drop in sustained institutional demand could spark a pullback toward critical support at $1,091. Much like Ethena, Zcash’s daily RSI remains in neutral territory without overbought readings, signaling temporary indecision between buyers and sellers ahead of the monthly close.

Crypto market attention into late October 2026 will center on upcoming U.S. inflation prints and forthcoming institutional liquidity deployments, factors that will determine whether Bitcoin can establish a firm technical bottom above $80,000 or if capital rotation into selected altcoins will stay on course.

crypto-economy.com