TOP 3 altcoins with prominent trends today - October 27

Zcash (ZEC), Pi Network (PI) and Pump.fun (PUMP) stand out in the top 100 cryptocurrencies with double-digit gains in the past 24 hours, becoming leading names in terms of performance. The strong bounce back of these three coins occurs against a backdrop of growing optimism across the market, reinforcing expectations that the upward trend could continue to expand if the crypto market maintains its current stability.

Zcash aims for new highs

As of the time of writing on Monday, Zcash (ZEC) recorded a 12% increase, following a 17% breakout on Sunday. With a series of five consecutive increasing sessions, this anonymous coin is approaching the historical peak of 372 USD and the R1 Pivot Point resistance level at 381 USD — two milestones considered as important technical barriers on the 4-hour chart.

If the price of ZEC can close firmly above 381 USD, the next target is likely to be the R2 Pivot Point area around 436 USD.

ZEC/USDT 4-hour chart | Source: TradingViewTechnical signals continue to reinforce the bullish outlook, as the MACD maintains an upward trend and the green histogram bars gradually rise above the 0 line. The RSI indicator is also at 73, indicating that the market is in overbought territory, yet buying pressure remains distinctly dominant.

On the contrary, in the case of a correction, the key support zone for Zcash is located at the central Pivot Point area around 303 USD.

Pi Network surges strongly with new buying momentum

As of the time of writing, Pi Network (PI) is trading around the mark of 0.2500 USD, approaching the 50-day EMA at 0.2627 USD. This token has recorded a 13% increase in the past 24 hours, following a 7% rise since Sunday, indicating that demand is returning.

If the price successfully breaks through the above-mentioned dynamic resistance level, PI may extend its bounce back towards the 0.3220 USD area — a region that once played a significant support role at the end of September.

Daily PI/USDT Chart | Source: TradingViewTechnical signals are also supporting the bulls: the MACD line and the signal line continue to maintain an upward trend since the bullish crossover on October 18, indicating that buying momentum is increasing. Additionally, the RSI at 60 shows there is still room for further gains before entering the overbought territory.

On the contrary, the notable support area of PI is around 0.1919 USD, corresponding to the low recorded on October 11.

Pump.fun bounce back, holding steady on the 50-day EMA

As of the time of writing on Monday, Pump.fun (PUMP) is holding steady above the 50-day EMA at $0.004788, indicating a stable trend following a strong surge. This token continues to edge up 1% on the day, following a breakout of 15% in the previous session.

If the buying force remains strong enough to keep the price above the 50-day EMA, the bulls may target the central Pivot Point area around 0.006057 USD — an important milestone that could confirm the medium-term uptrend.

Daily PUMP/USDT Chart | Source: TradingViewThe bullish outlook is further reinforced as the MACD continues to expand positively, with three consecutive green histogram bars above the 0 line since the crossover on Saturday. At the same time, the RSI is at 53, slightly above the average threshold, reflecting that buying pressure is gradually gaining dominance.

On the contrary, if PUMP cannot hold above the 50-day EMA (0,004788 USD) and reverses downwards, the price may retreat to 0,004000 USD, even testing deeper at the support zone of 0,003134 USD — corresponding to the S1 Pivot Point level.

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