NEAR Protocol, Zcash (ZEC) and BNB are facing fresh technical warnings after bearish signals flashed on their charts, according to analysis from analyst Ali Charts, shared on X. NEAR has fallen 24%, Zcash has declined 25% and BNB has dropped 8%, leaving each asset approaching key support levels. Meanwhile, the broader cryptocurrency market, measured by total capitalization excluding the top 10 assets, has also weakened, with momentum indicators pointing to continued selling pressure. The trio spans different corners of the market — NEAR is a layer-1 blockchain network, Zcash is a privacy-focused asset and BNB underpins the BNB Chain ecosystem — while the exclusion-based capitalization metric is commonly watched as a gauge of altcoin breadth because it filters out the largest assets.

NEAR, Zcash and BNB Approach Critical Support

Each of the three assets has triggered a distinct technical warning in recent sessions, with each signal tied to a different indicator family.

Ali Charts reported that NEAR Protocol's weekly TD Sequential indicator flashed a sell signal, and that the previous comparable signal preceded a 32% correction. The TD Sequential is a timing tool traders use to flag points where a trend may be exhausting itself. NEAR is already down 24%, and $4.30 now serves as its immediate support level — a price zone where dips have historically drawn buying interest and slowed declines. A break below that price could expose $3.76.

Zcash is displaying a separate bearish pattern. Its Parabolic SAR dots have moved above the price, a technical shift that previously preceded a 54% retracement; on this trend-following indicator, dots above price are conventionally read as marking a downtrend. ZEC has declined 25% so far, and a break below $1,100 could leave $850 as the next level to watch.

BNB's daily SuperTrend indicator has also flipped to a sell signal. Ali Charts noted that the previous comparable flip preceded a 26% decline. The SuperTrend is a trend-following tool that changes direction when price crosses its bands. BNB has dropped 8%, with $710 providing immediate support. If that level fails, the analyst is watching $680 next.

Market Capitalization Excluding Top 10 Extends Decline

The cryptocurrency market capitalization excluding the top 10 assets stands at $220.58 billion on the four-hour chart (chart via TradingView), down 0.75% on the latest candle. That candle opened at $222.25 billion, reached a high of $222.33 billion and fell to a low of $219.37 billion.

The metric climbed from approximately $195 billion around September 16 to nearly $255 billion on September 27 before reversing and forming a series of lower highs and lower lows — the pattern technicians cite when describing a market making steady downside progress. After falling from around $247 billion following October 6, it briefly rebounded toward $242 billion on October 12 before declining again. Trading volume currently stands at $18.42 billion.

RSI and MACD Point to Continued Selling Pressure

The immediate support zone lies between $218 billion and $220 billion. A decisive break could expose $215 billion and, potentially, $210 billion. Conversely, a recovery above $225 billion to $230 billion would bring resistance at $235 billion and $240 billion into focus.

The Relative Strength Index (RSI), a momentum oscillator scaled from 0 to 100, is at 41.82, below both its 44.12 signal average and the neutral 50 level, though it remains above the conventional oversold threshold of 30. The MACD line, which tracks the gap between two moving averages of price, sits near negative $2.15 billion, below its negative $2.09 billion signal line, while the histogram reads approximately negative $64.24 million, with both lines below zero.

Ali Charts cautioned that sell signals serve as warnings, and that breaks below the identified support levels would strengthen the case for further declines. For readers tracking the setup, the asset-specific supports — $4.30 for NEAR, $1,100 ZEC and $710 for BNB — alongside the $218 billion to $220 billion market-cap zone, are the reference points against which these signals will be confirmed or invalidated.

Source: Cryptofrontnews