Three Altcoins Put On A Spectacle This Week-Watch Now!

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Oyez, good ladies and gentlemen, Venice (VVV), Toncoin (TON), and the Internet Computer (ICP) present themselves as the trifecta to behold this week, each perched upon the very thresholds where fortune and fancy do contend, after leading last week’s merry rally.

Each token, like a troupe stepping from months of patient rehearsals into the stage of action, bursts forth into an active expansion. This week’s scene shall decide whether the rally continues its comic ascent or withdraws to the wings at the first resistance.

Venice (VVV) Reaches the First Fib Target, While Price Discovery Looms

Venice (VVV) dwells near $16.80, having climbed 78% in seven days. The daily chart shows the price taling the 1.272 external Fibonacci retracement at $17.30, the first grand upward target.

The next resistance sits at the 1.618 external Fib at $21.52. Volume hath surged upon the breakout (green arrow), and RSI remains in overbought-bullish heavens without bearish divergence. The BBWP volatility robes redden to extreme ornamentation.

The first strong support lies at the 0.618 reversed Fib near $9.30. A drop below that sanctuary would invalidate the bullish hypothesis and fling open the door to a deeper retracement.

X user @TimeFreedomROB has cast a similar bullish omen. He foresees volume continuing its expansion as VVV pushes beyond $22.50, where the coin 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) sits near $2.28 after a 6% retreat in the last 24 hours. It still clings to roughly 80% of its weekly ascent, aided by recent news from the Telegram ecosystem.

The daily chart reveals the price retreating from the 0.618 Fib at $2.74 after a vigorous expansion. The pullback now targets the 0.382 Fib at $2.12, a level that once capped the accumulation’s bounds.

A bounce from that zone could usher a march toward the 0.786 Fib at $3.18. RSI has eased toward about 70 while still basking in bullish light. Daily volume, after surging on the breakout, now cools-often a prelude to a continuation once support holds.

X user @mejsidzej marks the same pullback zone on the hourly chart. The sage expects a first purchase between $2.08 and $2.33. A deeper realm at $1.60-$1.76 would enter the board if the selling grows bold.

“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) treads around $3.39 after a rally of more than 40% in the past week. The daily chart reveals the price breaking out of a multi-month lair of accumulation that ran from February to May.

The 0.382 Fib at $3.10 has flipped from resistance to support and is now tested. The token was rejected at the 0.618 Fib at $3.75 earlier in the week.

A clean break above $3.75 would unveil the next bulwark near $4.23. RSI remains in overbought-bullish skies with no divergence, and daily volume stays elevated relative to the old accumulation range.

X user @KatochXcrypto offers a higher-timeframe view. His weekly chart reveals a long, descending channel and a projected target near $13, suggesting room for a significant medium-term voyage.

Altcoins to Watch This Week Hinge on Key Supports

All three players enter the new week with one comic signature: having burst forth from multi-month accumulation into an active expansion, and last week’s gains place Venice, Toncoin, and ICP among the chorus of top-performing altcoins.

The virtuous thesis remains if Venice holds above $9.30. TON must defend $2.12 while ICP must hold $3.10. If any of these supports fall, the stage might tilt toward deeper pullbacks into the prior accumulation ranges.

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2026-05-11 22:57