3 Bullish Altcoins to Watch This Week
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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.
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”
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 bullish territory. Daily volume expanded on the breakout and is now cooling, which often precedes a continuation move once support holds.
X user @mejsidzej flagged the same pullback zone on the hourly chart. The trader sees $2.08 to $2.33 as the first buy area. A deeper zone at $1.60 to $1.76 would come into play if selling intensifies.
“Now sitting in the first pullback zone $2.08–$2.33… Expecting a bounce from here toward at least $2.9. Gift pullback zone $1.60–$1.76 is still the downside target if it goes deeper.”
Internet Computer (ICP) Flips Resistance Into Support, Eyes $4.23
Internet Computer (ICP) trades near $3.39 after rallying more than 40% over the past week. The daily chart shows price breaking out of a multi-month accumulation zone that ran from early February through early May.
The 0.382 Fib at $3.10 has flipped from resistance to support and is now being tested. The token was rejected at the 0.618 Fib at $3.75 earlier in the week.
A clean break above $3.75 would expose the next resistance near $4.23. RSI stays in overbought-bullish territory with no divergence visible, and daily volume remains elevated relative to the accumulation range.
X user @KatochXcrypto shared a higher-timeframe view. His weekly chart highlights a long, descending channel and a projected target near $13, suggesting room for a significant medium-term move.
Altcoins to Watch This Week Hinge on Key Supports
All three altcoins enter the new week with the same technical signature. Each has broken out of a multi-month accumulation phase into an active expansion leg, and last week’s gains placed VVV, TON, and ICP among the top-performing altcoins.
The bullish thesis stays intact as long as VVV holds above $9.30. TON needs to defend $2.12 while ICP needs to hold $3.10. A loss of any of those supports would likely trigger deeper pullbacks toward the previous accumulation ranges.
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