ChainLink (LINK), XRP, Monero (XMR) and Zcash (ZEC) Price Analysis For November 6: Sudden Surge of Bullishness Is Here

Chainlink, XRP, Monero and Zcash show very different technical setups as the wider crypto market stays under pressure.

Arman Shirinyan · 6 Nov 2026 · 9 min read

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ChainLink (LINK), XRP, Monero (XMR) and Zcash (ZEC) Price Analysis For November 6: Sudden Surge of Bullishness Is Here

Price Analysis

By
Arman Shirinyan

11/06/2026 – 0:01

Chainlink, XRP, Monero and Zcash show very different technical setups as the wider crypto market stays under pressure.

ChainLink (LINK), XRP, Monero (XMR) and Zcash (ZEC) Price Analysis For November 6: Sudden Surge of Bullishness Is Here

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In Brief
ChainLink’s Rough Period
XRP Bounces Back
Monero is Stable
Zcash on the Wild Ride

In Brief

Chainlink (LINK): Price sits near $11.40 with sellers in control and key support at $11.
XRP (XRP): Price is near $1.31 after a bounce, and $1.35 is the level to beat.
Monero (XMR): Price is near $636 in a strong uptrend, with support around $600.
Zcash (ZEC): Price is near $1,309 and the outlook is neutral to bullish while $1,200 holds.

ChainLink’s Rough Period

Chainlink (LINK) has been correcting lower after a relatively bullish September and October. The crypto is currently trading around the $11.40 area.

On the daily chart, LINK made a local high around the $15.50 area towards the end of September. Since then, LINK has been correcting lower and making lower high$1, which $2 that the short-term bullish trend has lost some of its strength for now.

At the moment, LINK is also trading below its short-term and medium-term moving average$1, which $2 that sellers are currently in control of the price action. The long-term moving average is also quite close to the $11 are$1, which $2 offer some support in case of a breakdown.

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If LINK manages to stay above the $11.00-$11.10 area (tested as support recently), the token could continue to climb higher. This area also happens to be the ascending moving averag$1, which $2 offer some support. A breakdown below $11 could see LINK drop towards $10.$1, and then towards $10.

On the flip side, its first resistance is around the $11.7 area. A strong buy-side push above the $12 area could see LINK climb towards $12.3$1, and then towards $12.60 (heavy sell-side areas). A crazy run above $12.60 could see LINK climb towards $13.

Overall, LINK’s RSI is currently at the 50 leve$1, which $2 that there’s almost no buying momentum in the crypto at the moment. This also means that LINK is not over-sold at the moment and a sideways move is highly likely for now.

In the short-term, LINK could continue to trade in the $11.00-$12.00 area as bulls and bears continue to fight for control. A daily close above the $12 area could indicate a ‘bullish flip$1, while a move above $12.60 could be stronger evidence of a recovery.

XRP Bounces Back

XRP is currently trading around the $1.31 area after bouncing off its recent low around the $1.23 area.

On the daily chart, we saw a strong rally in August where XRP moved from around the $1.00 area to the $1.50 area in just a few days. After that, XRP made another local high around the $1.60 area in September before turning bearish.

Since then, XRP has been making lower highs and lower low$1, which $2 a bearish trend. However, the last few candles show some buying interest as XRP tries to find its footing around the $1.3 area.

XRP’s first support is around the $1.28-$1.30 area. If XRP manages to stay above this area, bulls could make a push for a strong rally. A breakdown below this area could see XRP drop back towards the $1.2 area.

XRP’s first resistance is between the $1.33-$1.35 area (several moving averages). If XRP manages to break above this area, the asset could make another push for the $1.38-$1.40 area (long-term moving average could offer some resistance). A crazy run above the $1.40 area could see XRP climb towards $1.5.

Overall, XRP’s RSI is also currently at the 50 leve$1, which $2 neutrality. Volume is also not that high at the momen$1, which $2 that this bounce could just be consolidation rather than a ‘bullish flip’ for now. A move above $1.35 could see XRP climb above $1.40 with targets around $1.5.

For the short-term perspective: a recovery above $1.35, surge above $1.40 with respective targets around $1.5. For the bearish scenario, a failed break above $1.35 is what’s going to drag it towards $1.25.

Monero is Stable

Monero is gaining bullish momentum at the moment. The asset is currently trading around the $636 area after a period of steady growth.

Since July, XMR has climbed from around the $310 area to the $630 area and doubled in price, which indicates explosive interest among sellers and a healthy long-term trend.

On the daily chart, XMR is trading above all of its major moving average$1, which $2 a clean bullish trend. The short-term moving averages are also rising at the momen$1, which $2 a confirmed bullish outlook among investors.

In October, XMR made a short correction towards the $520 area before bouncing back. Since then, the crypto has broken above the $620 resistance and moved close to the $650 area, which indicates that a stronger move to the upside could be on the way.

If XMR starts correcting lower, the crypto’s first support is around the $620 area (broken resistance), with stronger support around the $600 area. A deeper correction could see XMR drop towards the $580 area (short-term moving average could offer some support).

Overall, XMR’s RSI is currently approaching the 70 leve$1, which $2 bullish momentum in XMR. A jump above the 85 level could put XMR in overbought territory, and the crypto could see a reversal sooner than expected. Volume is also supporting the bullish trend at the moment.

If XMR manages to stay above the $600 area, buyers could stay in control for now. A breakout and confirmation above the $650 area could see XMR climb towards $680. On the flip side, a breakdown below $600 could indicate that the momentum is fading.

Zcash on the Wild Ride

Zcash (ZEC) has been very volatile lately. The asset is currently trading around the $1,309 area after a period of extreme growth and big price swings.

In August, ZEC started a strong rally from around the $500 area and made a local high around the $1,670 area in late September. That move was purely speculative, and ZEC quickly dropped towards the $1,100 area in October, with a stronger plunge following the ZEC generation exploit and the news around it.

At the moment, ZEC is trading above its medium-term and long-term moving averages on the daily char$1, which $2 that the bullish trend is still intact and the minor correction did not undo the August pump.

The $1,300 and $1,350 areas (key resistances) have been tested multiple times, which indicates that sellers are somewhat controlling how far the ZEC rally can go. The first resistance is around the $1,350 area (21-day EMA). A break above this area could see ZEC climb towards $1,400 (psychological resistance).

On the downside, ZEC’s nearest support sits around $1,250, with $1,200 serving as the last major support level if bears manage to push the price lower. A sharp increase in selling pressure could trigger a deeper correction toward $1,000. However, this scenario appears unlikely for now, as the price remains supported by at least three moving averages and a strong ascending trendline.

Overall, ZEC’s RSI is currently recovering, suggesting that bullish momentum is gradually improving, although a clear bullish trend has yet to be confirmed. Trading volume also remains relatively low, pointing to continued sideways consolidation rather than an explosive breakout in the near term.

For now, the Zcash outlook is neutral to bullish. There are no confirmed breakouts or sharp price drops at the moment, and buying momentum is improving slowly. The $1,200 area could be the most important level to watch, as it could decide whether ZEC flips from bullish to bearish.

#Chainlink (LINK) Price Predictions
#XRP Price Analysis
#Monero Price Prediction
#ZCash Price Prediction