Login Sign Up
Back to Feed
TON

3 Bullish Altcoins to Watch This Week

🤖 GG AI Summary

Venice (VVV), Toncoin (TON), and Internet Computer (ICP) are key altcoins to watch as they recently broke out of multi-month accumulation phases, signaling potential continuation of the altcoin rally. VVV surged 78% in a week and is approaching critical Fibonacci resistance levels, while TON is stabilizing after a pullback, supported by Telegram ecosystem news. The price movements this week will be crucial in determining if the bullish momentum sustains or faces resistance.

Sentiment: 83% Bullish

Venice (VVV), Toncoin (TON), and Internet Computer (ICP) rank among the altcoins to watch this week. All three sit at key technical levels after leading last week’s altcoin rally. Each token broke out of a multi-month accumulation phase into an active expansion leg. The price action this week could decide whether the rally extends or stalls at first resistance. Venice (VVV) Hits First Fib Target as Price Discovery Looms Venice (VVV) trades near $16.80 after climbing 78% over the past seven days. The daily chart shows price tagging the 1.272 external Fibonacci retracement at $17.30, the first major upside target. The next resistance sits at the 1.618 external Fib at $21.52. Volume has expanded sharply on the breakout (green arrow), and RSI remains in overbought-bullish territory without bearish divergence. Volatility readings on the BBWP indicator hit extreme red levels. The first strong support comes in at the 0.618 reversed Fib at $9.30. A drop below that zone would invalidate the bullish thesis and open the door to a deeper retracement. VVV daily chart. Source: Tradingview X user @TimeFreedomROB shared a similar bullish view. The trader expects volume to keep expanding as VVV pushes through $22.50, where the token would enter price discovery. “Expect the Volume trend to continue. The largest Volume Bars will print as VVV breaks 22.5 and enters price discovery. Calm Before the STORM” VVV daily chart. Source: X Toncoin (TON) Eyes $2.12 Support After Sharp Pullback Toncoin (TON) trades near $2.28 after a 6% pullback over the past 24 hours. The token still holds roughly 80% of its weekly gain, supported by recent news from the Telegram ecosystem. The daily chart shows price retreating from the 0.618 Fib at $2.74 after a sharp expansion leg. The pullback now targets the 0.382 Fib at $2.12, a level that previously capped the accumulation range. A bounce from that zone could set up a move toward the 0.786 Fib at $3.18. RSI has eased back to around 70 but stays in bull...

Comments