Altcoins Test Key Support Levels Amid Market Downturn
NEAR, XRP, Zcash, and Shiba Inu face critical support tests as the broader crypto market remains under pressure.
NEAR, XRP, Zcash, and Shiba Inu face critical support tests as the broader crypto market remains under pressure. XRP (XRP) is trading at $1.25. This is an original TLT brief based on reporting by U.Today, with live market data added, as of Tue, 03 Nov 2026 03:00:05 UTC.
The outcome of these support tests could determine the near-term trajectory for these altcoins and influence investor sentiment in the broader market.
- NEAR, XRP, Zcash, and SHIB are testing key support levels.
- NEAR's TVL has dropped 13.2% in the past week to $112.9M.
- Market sentiment remains in 'Fear' territory at 26 on the Fear & Greed Index.
- Analyst Predicts Potential XRP Downturn, Citing Key Support Level
- Crypto Market Faces Pressure as Multiple Assets Test Support Levels
- Bearish Sentiment Persists Across BNB, ZEC, TRX, and SHIB Despite Key Support Levels
- Kaspa (KAS) Faces Critical Support Test Amid Market Downturn
- XRP Faces Key Support Test at $1.23 Amid ETF Inflows
- Altcoins Test Key Support Levels Amid Market Downturn — this brief
Four major altcoins -
NEAR Protocol,
XRP,
Zcash, and Shiba Inu - are currently facing critical support tests as the broader crypto market remains under pressure. According to U.Today, the outcome of these tests could determine whether these coins can recover or will continue to decline.
NEAR Protocol, in particular, is experiencing significant downward pressure, with its price dropping 9.28% in the last 24 hours and 14.19% over the past week. Its Total Value Locked (TVL) has also decreased by 13.2% in the last week, currently standing at $112.9 million, according to DeFiLlama.
XRP is showing a slight 24-hour gain of 0.26% but is down 4.43% over the week, currently trading at $1.25. Zcash has seen a more pronounced decline, with a 24-hour drop of 6.22% and a 7-day loss of 6.73%, currently priced at $1153.66. Shiba Inu data was not specifically detailed in the coverage but is implied to be in a similar testing phase.
The overall crypto market cap has fallen to $2.65 trillion, with
Bitcoin down 1.41% in the last 24 hours. The Crypto Fear & Greed Index remains in 'Fear' territory at 26, indicating continued market uncertainty.
The next few daily closes will be crucial for these altcoins. If they fail to hold their current support levels, further declines could be expected. Conversely, a successful bounce could signal a potential recovery phase.
Since this brief published about 3 hours ago, XRP (XRP) has moved from $1.25 to $1.25 — +0.00%.
The chart plots XRP's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from TLT's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
At today's peer-to-peer rate, 1 XRP ≈ ₦1,723.78 (about $1.25), down 0.3% over 24 hours. The naira itself trades about 2.5% above the official rate on the P2P market, so a Nigerian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the assets in this story — live, source-stamped, updated every 15 minutes.
Figures and sectors in this story, checked live against on-chain aggregators · November 3, 2026.
TLT reads these figures directly from on-chain aggregators (DeFiLlama, mempool.space) at build time — independent of what any outlet reported. Sector totals aggregate every protocol DeFiLlama tracks in that category. Values are live and will change.
Altcoins Test Key Support Levels Amid Market Downturn — questions & answers
What are the key support levels for these altcoins?
The exact support levels are not specified in the coverage, but analysts suggest they are currently being tested.
How is NEAR Protocol performing?
NEAR is down 9.28% in 24 hours and 14.19% over the week, with its TVL falling 13.2% to $112.9M.
What is the overall market sentiment?
The market remains in 'Fear' territory with a Fear & Greed Index of 26.
How much is 1 XRP worth in naira today?
About ₦1,723.78 at the live peer-to-peer (P2P) USDT rate, which is what Nigerians typically trade at — equivalent to roughly $1.25. The naira price moves with both XRP's US-dollar price and the USDT/NGN rate; use our XRP in naira page for any amount.
Which outlets reported this story?
This is an original TLT brief that synthesises reporting from U.Today. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original TLT brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.