Starknet (STRK), LayerZero (ZRO), and NEAR Protocol (NEAR) emerged as the top gainers among major altcoins in the second week of October 2026, recording seven-day price jumps of 81.7%, 21.7%, and 12.3% respectively, according to CoinGecko data.
Technical Breakdown: STRK, ZRO, and NEAR
Despite leading the week's performance, STRK showed signs of weakening momentum after printing a weekly candle of nearly 110% and stalling near $0.12. Its weekly Relative Strength Index (RSI) dropped from an overbought 77 to 65. The asset faces potential supply pressure from an October 15 token unlock of 127 million STRK. Falling below the $0.083 support level exposes a target of $0.06, while a successful recovery above $0.12 could propel prices toward $0.151 and $0.181. The momentum shift arrives as Starknet considers leaving Ethereum for an independent layer-1 chain.
In contrast, ZRO surged 17.8% in 24 hours to trade at $2.40, breaking above its $2.19 resistance level on its highest trading volume since February. With its weekly RSI reaching 72, a weekly close above $2.19 could push ZRO toward $2.54–$2.60 and potentially $3.04. Downside risks remain at $1.84 and $1.41 if selling re-emerges. Meanwhile, NEAR traded at $5.63, up 4.8% in 24 hours despite a 5% drop across the week. NEAR remains above $5.42 support, backed by an RSI near 75 for four weeks. Holding this support could trigger an 18% move to $6.66, whereas losing it risks pullbacks to $4.54 or $3.10–$3.35. Bitway (BTW) ranked second in weekly gains but trades on thin volume.
Key Takeaways
- STRK rose 81.7% in seven days but faces correction risks ahead of a 127 million STRK unlock on October 15.
- ZRO broke past critical $2.19 resistance to $2.40, supported by its highest volume since February.
- NEAR maintains key $5.42 support at $5.63, positioning for a potential 18% climb to $6.66.
Why It Matters
The contrasting technical setups among these altcoins illustrate a shifting market dynamic where price breakouts are tested by impending supply events. Starknet's upcoming unlock of 127 million tokens represents a significant liquidity hurdle that could absorb buy-side demand, whereas LayerZero's breakout above a year-long ceiling reflects structural accumulation. Traders should watch whether current volume levels can sustain these resistance breaks or if profit-taking will force retests of lower support zones.
