The altcoin market is waking up. After weeks of quiet price action, momentum is shifting and several charts are starting to line up for potential breakouts. Here’s what we’re watching...
Disclaimer: This analysis is for informational purposes only and not financial advice.
TLDR:
SPX: Testing major resistance near $1.17; break targets $1.50 and $1.95.
PUMP: Orderblock bounce, +45% move, next resistance $0.0049 with break aiming for $0.0072.
LTC: Accumulating in $50-$110; ETF listing, potential breakout above $104 aiming for $120-$130 initially.
ZEC: Up to $372 ATH; could see correction or re-accumulation; local supports $299, $245.
ANYONE: Privacy rotation, parabolic setup if $0.7 breaks. Targets $1 and $1.44.
Watch our full Market Breakdown video below to see how we’re trading SPX, PUMP, LTC, ZEC, ANYONE and TAO. e’ll walk through each chart, the exact breakout levels to watch, and what signals could confirm the next major move.
SPX:
Technical analysis
Currently just below horizontal resistance and 200-Day EMA+SMA around $1.17.
Bounce above $1.17 targets $1.50 and $1.95.
Support holding at $1, next down at $0.7.
Cryptonary's take
SPX is at a high timeframe decision point. A bullish break could spark a larger move, but watch $1 support for invalidation.
Next Support: $1
Next Resistance: $1.17
Direction: Neutral/Bullish
Upside Target: $1.95
Downside Target: $0.7
PUMP:
Technical analysis
Orderblock at $0.0033-$0.0034 held, sparking a +45% move to $0.0049 resistance.
Break above $0.0049 targets $0.0072.
Expect some consolidation below resistance after the run.
Cryptonary's take
PUMP is showing strong momentum, but needs to clear resistance for a new rally. Key support is the previously mentioned order block.
Next Support: $0.0033
Next Resistance: $0.0049
Direction: Bullish above support
Upside Target: $0.0072
Downside Target: $0.0033
LTC:
Technical analysis
Accumulating in $50-$110 range for 4 years, broke above 2021 trendline.
Break above 200-Day EMA+SMA at $104 targets $120-$130, then $280 and $380 on multi-year breakout.
ETF launch could be the catalyst; key invalidation below $90.
Cryptonary's take
With the ETF catalyst, LTC could break out of its prolonged accumulation phase if resistance is cleared decisively.
Next Support: $90
Next Resistance: $104
Direction: Bullish on breakout
Upside Target: $130 first, then $380
Downside Target: $90
ZEC:
Technical analysis
Retest of $191 bottom marked the correction low; broke above $299 resistance to $372 ATH.
Rejection at ATH likely; correction or re-accumulation possible below $372.
Support zones at $299 and $245.
Cryptonary's take
ZEC momentum has cooled at ATH, so caution on new entries; eyes on holding $299 for bullish structure.
Next Support: $299
Next Resistance: $372
Direction: Neutral/corrective
Upside Target: $372+
Downside Target: $245
ANYONE:
Technical analysis
+25% day; potential beneficiary of privacy rotation post-ZEC.