Three Altcoins Flash Bullish Signals Ahead of Weekend

Market analysts have identified three altcoins that are flashing bullish signals as the week comes to a close. Toncoin (TON), Zcash (ZEC), and Venice Token (VVV) have all broken out above critical resistance levels, with rising volume supporting their upward momentum.

Toncoin has emerged from a multi-month accumulation zone, breaking through the $2.74 level on May 4. The token's daily chart shows that it now trades at the 0.618 Fibonacci retracement, with a path to the 0.786 Fib at $3.10 open above this level.

Supporting voices on X point to extended legs higher if current consolidations resolve in favor of buyers. Analyst Zach Humphries sees the move as the start of a textbook expansion phase, with TON potentially testing a distribution block at $2.89 and flipping it into support to open a longer-term path to $6.