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Cryptocurrencies price prediction: litecoin, zcash & ethereum — asian wrap 02 october

Litecoin price forecast: bulls target $130

Litecoin (LTC) extended its rally on Thursday, trading above $118 and posting gains of more than 10% so far this week. Rising open interest (OI) and trading volume have added to bullish momentum, with technical indicators pointing toward another leg higher. A break above current levels could pave the way for a move toward $130 and beyond, reinforcing the short-term positive outlook.

Zcash surges on grayscale trust launch

Zcash (ZEC) traded above $120 on Thursday, up more than 100% for the week, driven by strong inflows following the launch of Grayscale’s Zcash Trust. The private placement offering has attracted significant investor demand, with assets under management exceeding $46 million and a net asset value (NAV) per share of $9.70 as of Thursday. The move has placed Zcash among the top crypto gainers, alongside DeXe (DEXE) and MYX Finance (MYX).

Ethereum price forecast: Fusaka upgrade supports gains

Ethereum (ETH) gained 5% on Wednesday after its upcoming Fusaka upgrade was finalized on the Holesky testnet. The milestone marks a critical step toward the mainnet rollout, as testnets allow developers to validate features before live deployment on the blockchain. ETH’s rally reflects investor optimism around the upgrade, which is expected to enhance network functionality and scalability.

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