The most promising altcoins of the week — Bittensor (TAO), Zcash (ZEC) and WhiteBIT Coin (WBT) — have demonstrated positive momentum. The coins posted double-digit gains and reached significant Fibonacci retracement levels.
According to CoinGecko, TAO rose by 28.3%, ZEC added 21.3%, and WBT — 20.2% over seven days. The charts show a similar scenario: the rally ran into important technical levels.
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Bittensor (TAO)
Bittensor (TAO) is trading around $273 after a 28.3% jump over seven days. On June 13, the price of TAO returned above the 0.236 Fibonacci level near the $236 mark. The quotes then reached the middle of the ascending parallel channel that has been in place since November 2025.
The breakout was accompanied by a noticeable increase in trading volume — this points to genuine interest from market participants rather than random volatility.
The rise in volatility on the BBWP indicator points to the formation of momentum.
The nearest resistance is at the 0.382 Fibonacci level, around $294. Next comes the 0.5 level at the $341 mark and the maximum under the 0.618 level — at $388 (marked with a circle). A similar breakout for Bittensor already occurred earlier in the year.
Support runs at $236, while the lower channel boundary at $187 remains the structural bottom for now. If the daily close returns below $236, the bullish scenario will weaken. As long as the level is held, TAO is aimed at testing the next hurdles.
Zcash (ZEC)
Zcash (ZEC) is trading at the $531 mark after a 21.3% rise over the week. In the spring, the price of ZEC moved upward but stalled around the 0.786 Fibonacci level near $629. A reversal head-and-shoulders pattern formed at this long-term resistance.
The pattern triggered a decline and led to a deep correction. The price returned to the accumulation zone near $240, which had held from February to April. The pullback was accompanied by very large volumes — a signal that the supply was bought up.
Source: BeInCrypto
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