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By Anonymous
Information about the color is wrong. Doesn't seem to have anything to do with ranged vs melee. Seems to be a power up that increases speed and probably damage. Starting from None>Purple>Blue>Red. Knocking him down does reset it back to none, though maybe phase 2 is a bit different (might only reduce to purple there).
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By SGT-SuperGames
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Updated stat table with pertinent resists as of 11/5/2020:

Ice: -30%
Pierce: 0%
Slash: 10%
Crush: 10%
By Anonymous
True weakness:Zweihander turtle.