Altcoin Watchlist Shifts: STRK, ZRO, and NEAR Face Crucial Tests
Key Summary
Starknet (STRK), LayerZero (ZRO), and NEAR Protocol (NEAR) are top altcoins to watch in the second week of October 2026, with Starknet's 81.7% weekly gain showing signs of weakening momentum. Meanwhile, ZRO and NEAR show stronger bullish momentum, approaching critical price levels that could determine their next move.
Technical Analysis
Starknet (STRK) rose 81.7% over seven days, but its weekly candle stalled near $0.12, indicating weakening buying momentum. The token's weekly RSI dropped from an overbought 77 to 65, and an October 15 token unlock of 127 million STRK could add selling pressure. If STRK falls below $0.083, the next downside target is $0.06. However, a recovery above $0.12 could push the price toward $0.151 and potentially $0.181.
Market Outlook
LayerZero (ZRO) trades at $2.40, up 17.8% in 24 hours, and has moved above the important $2.19 resistance level. Its weekly RSI has reached 72, suggesting strong buying momentum but also a risk of overheating. Trading volume is at its highest since February, supporting the rally. A weekly close above $2.19 could push ZRO toward $2.54-$2.60.
Fundamental Analysis
NEAR Protocol (NEAR) trades at $5.63, up 4.8% in 24 hours, and remains above its important $5.42 support level. Despite a roughly 5% decline this week, the token remains above its support level, indicating sustained buying strength. The token's weekly RSI has remained near 75 for four weeks, showing sustained buying strength but also an increased correction risk. Strong trading volume during September's breakout supports the bullish trend. If NEAR holds above $5.42, it could climb toward $6.66, an approximately 18% gain.