#GateSquareMayTradingShare

Top 3 Altcoins Show Bullish Patterns Ahead of the Weekend

Toncoin (TON), Zcash (ZEC), and Venice Token (VVV) occupy the top three spots among the leading altcoins showing a bullish daily structure this weekend. Each token started Saturday with a recent breakout supported by increased volume and a clear path toward the next major Fibonacci target.

Each coin has surpassed important resistance levels over the past week. Several X users support that the rally could continue higher if the current consolidation ends in favor of the buyers.

Toncoin (TON) Breaks Above US$2.74 Toward US$3.10 Target

Toncoin (TON) broke out from a multi-month accumulation zone on May 4. Daily volume on the breakout candle became the largest green volume on the chart since October.

Buying volume has continued to increase in each subsequent session. Now, TON’s price is moving in the 0.618 Fibonacci retracement area at US$2.74. This level is measured from the August 2025 peak to the April low at US$1.12.

If the price can close the day above this level, the path to the 0.786 Fib at US$3.10 will open wide. However, if a correction occurs, the primary support first lies at the Fib 0.382 around US$2.12.

Momentum indicators are approaching 93. Bollinger Band Width Percentile (BBWP) also shows an extreme red signal indicating the market is quite overextended. Nevertheless, no bearish divergence is visible yet, so the short-term trend remains intact.

Trader Zach Humphries sees this movement as the beginning of a textbook expansion phase. He states that TON is currently testing the distribution block at US$2.89, and if that level turns into support, the long-term target at US$6 will be achievable.

“The expansion phase at US$TON is unfolding exactly as planned… If we manage to turn this resistance into support, the path to US$6.00 will be wide open for the summer.”

Zcash (ZEC) Breaks US$533 Resistance, Next Target US$628

Zcash (ZEC) has been rising since April 13, when the price bounced from the 0.236 Fib at US$317. Two days ago, this privacy coin successfully broke through the 0.618 Fib at US$533. This area also coincides with the swing high on December 29 (blue circle).

The next target is near the 0.786 Fib at US$628. If buyers start losing control, the 0.382 Fib at US$400 becomes the key support to watch. Meanwhile, the Visible Range Volume Profile (VRVP) shows a significant resistance at around US$690, with thin volume above that zone.

Momentum indicators are overbought. The 14-day Relative Strength Index (RSI) is at 86, entering overbought territory, and BBWP also signals extreme volatility expansion.

This breakout coincides with increased institutional interest. Multicoin Capital announced a large ZEC position at this week’s Consensus Miami event. ETF speculation is also accelerating with new listings on Robinhood.

X TheMoonShow analyst shared a 1-hour price chart showing a tight consolidation triangle that finally broke out above the US$580 area.

“US$ZEC seems ready to reach new all-time highs. After the breakout, it consolidated briefly and now appears poised to start the next expansion move.”

Venice Token (VVV) Moves to US$13.96 with US$17.30 Target

Venice Token (VVV) is the strongest among the three assets. The native token of the Venice AI ecosystem has reached a new high in 2026, approaching US$13.96. The price has been climbing since the breakout on February 13.

Fibonacci retracement drawn from the lowest point on February 13 to the current swing high shows two key support zones. Fib 0.618 is at US$9.30, while Fib 0.382 is at US$6.42.

The upside target is based on external Fibonacci extensions. The 1.272 extension is at US$17.30, and the 1.618 extension is at US$21.52.

The 14-day Relative Strength Index (RSI) is at 80 and still trending higher without bearish divergence. Volatility measured by BBWP also indicates an ongoing expansion phase.

The move toward the US$20 zone will be between the external Fibonacci levels 1.272 and 1.618. Both extensions are already visible on the daily chart. For long-term VVV traders, this structure remains valid as long as US$9.30 holds as support during corrections.

Top Altcoin Outlook for the Weekend

All three altcoins’ setups still technically support further gains, provided each breakout level holds. If closing occurs below US$2.51 (TON), US$400 (ZEC), or US$9.30 (VVV), then this scenario becomes invalid. Such movements would shift focus to deeper corrections.

The bullish scenario heavily depends on sustained momentum through Saturday and Sunday. If buyers can maintain supply at the current Fib levels, all charts suggest potential for further rally into next week.