Toncoin (TON) has broken out from a multi-month accumulation zone on May 4, with daily volume on the breakout candle representing the largest green print on the chart since October. According to reports from X, buying volume has continued to expand every session since the breakout. Price now trades at the 0.618 Fibonacci retracement at $2.74, drawn from the August 2025 high down to the April low at $1.12. A daily close above this level opens the path to the 0.786 Fib at $3.10. The breakout coincides with fresh enthusiasm around the network, as Telegram founder Pavel Durov has outlined a roadmap that puts Telegram itself as the largest TON validator.
Zcash (ZEC) has trended higher since April 13, when the price bounced off the 0.236 Fib at $317. As reported by X, the privacy coin broke through the 0.618 Fib at $533 two days ago, which also coincided with the December 29 swing high. The next target sits at the 0.786 Fib near $628, with the 0.382 Fib at $400 marking the first meaningful support if buyers lose control. The breakout has coincided with a sharp burst of institutional interest, including Multicoin Capital disclosing a significant ZEC position at Consensus Miami this week and fresh Robinhood listing speculation.
Venice Token (VVV) is the strongest performer of the three, reaching a fresh 2026 high near $13.96. According to X, the native token of the Venice AI ecosystem has trended higher since the breakout on February 13. A Fibonacci retracement drawn from the February 13 low to the current swing high reveals two key support zones: the 0.618 Fib at $9.30 and the 0.382 Fib at $6.42. Upside targets come from external Fibonacci extensions, with the 1.272 extension at $17.30 and the 1.618 extension at $21.52. The 14-day RSI sits at 80 and continues to trend up without any bearish divergence.
All three setups remain technically aligned for upside continuation, as long as their respective breakout levels hold. As reported by X, a close below $2.51 (TON), $400 (ZEC), or $9.30 (VVV) would invalidate the immediate thesis. Momentum readings show stretched conditions across all three tokens, with the 14-day RSI printing 86 for ZEC and 80 for VVV, both deep in overbought territory. The bullish case rests on momentum staying expanded through Saturday and Sunday, with each chart pointing to an extended leg higher into next week if buyers absorb supply at current Fibonacci levels. Despite the stretched conditions, no bearish divergence has formed yet, keeping the immediate trend intact.
