# Bitcoin and Ether Retreat as Jupiter, Raydium and NEAR Advance

By Enna Lee

Canonical URL: https://www.tokenpost.com/news/investing/28061
Published: 2026-10-08T12:42:24.000Z
Updated: 2026-10-08T12:42:24.000Z
Section: Investing

> Bitcoin traded at $82,722 and Ether at $2,563.70, while JUP, RAY and NEAR approached resistance levels requiring further daily closes to confirm breakouts.

Bitcoin (BTC) and Ether (ETH) declined over the latest 24-hour period, while Jupiter (JUP), Raydium (RAY) and NEAR Protocol (NEAR) advanced toward technical levels that would require further daily closes to confirm breakouts.

BTC traded at $82,722, down 1.74%, with $35.29 billion in 24-hour volume. Its Oct. 7 UTC daily close was $83,282, with $26.92 billion in volume.

Bitcoin’s initial support zone was $82,720-$82,920. The first recovery zone was $83,861-$84,432, followed by resistance at $85,589. Bitcoin’s daily 14-period Wilder relative strength index fell to 52.84 from 63.45, while its latest completed four-hour RSI was 32.55.

Ether traded at $2,563.70, down 1.89%, with $16.35 billion in 24-hour volume. Its Oct. 7 UTC daily close was $2,573.23, with $11.01 billion in volume. The first recovery level was $2,590.53, followed by $2,626.06. A daily move below $2,533.10 would confirm additional downside.

JUP traded at $0.372271, up 13.64%, with $141.87 million in 24-hour volume. Its Oct. 7 UTC daily close was $0.358218, with $98.93 million in volume. Resistance stood at $0.37472-$0.37571, and a daily close above that range would confirm a breakout.

Jupiter’s move extended [earlier coverage of its gains](<https://www.tokenpost.com/news/investing/27771>) as several altcoins outperformed the broader market.

RAY traded at $2.43, up 9.54%, with $218.16 million in 24-hour volume. Its breakout level was $2.568, with support at $2.108-$2.241. Raydium’s daily MACD line stood at 0.2345, above its 0.2257 signal line, while the histogram moved from -0.0088 to 0.0088.

NEAR traded at $5.33, up 7.92%, with $1.08 billion in 24-hour volume. Resistance was identified at $5.4612 and $5.5778, with support at $5.0258-$5.0674. NEAR’s 20-day and 50-day exponential moving averages were $4.5664 and $3.5883, respectively.

NEAR’s most recent completed four-hour candle remained above both moving averages, which were at $5.1051 and $4.9842. Daily closes above resistance would confirm breakouts, while daily closes back below reclaimed levels would weaken those signals.

## Links in this article

- [earlier coverage of its gains](https://www.tokenpost.com/news/investing/27771)