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Altcoins have seen a mixed performance this past week, with some making significant gains while others remain in correction mode. Telcoin ($TEL) led the rally with an 88% surge, pushing its market cap past $1 billion, while Sonic (S) jumped nearly 40% despite ongoing struggles since its rebranding.
Litecoin ($LTC) also gained close to 30%, reclaiming the $10 billion market cap level, while DeXe ($DEXE) dropped 11% as it continued its pullback from its early February highs. Meanwhile, $ONDO has remained in a downtrend but could be setting up for a recovery as the broader RWA sector altcoins are going up.
Telcoin ($TEL)
Telcoin ($TEL) has surged 88% in the last seven days, making it one of the best-performing altcoins of the week. This surge pushed its market cap above $1 billion and reached its highest price level since December 2021.
This strong rally highlights renewed investor interest in the project as $TEL breaks out of a long consolidation phase. With such momentum, Telcoin has reentered the spotlight as one of the best-performing assets in the market.
Telcoin aims to revolutionize remittances by providing a seamless and cost-effective way to send money globally. Through the Telcoin Wallet, users can send fiat remittances to over 20 countries.
If the bullish momentum continues, $TEL could soon test the $0.013 level and even extend its rally toward $0.015. However, if the trend reverses, $TEL might retrace to $0.0075, with further downside potential to $0.0063 or even $0.0042 in a stronger pullback.
Sonic (S)
S has surged nearly 40% in the last seven days, bringing its market cap back to around $1.5 billion. Despite the strong price rebound, trading volume has dropped 37% in the last 24 hours, now at $89 million.
This suggests that while buying pressure remains, overall market activity around S has slowed in the short term.
Sonic, formerly known as Fantom, aims to be the fastest and most efficient EVM Layer 1, combining speed, incentives, and top-tier infrastructure.
However, since its rebranding, the project has faced challenges, with its price still down 63% since mid-December 2024. While the recent rally is a positive sign, Sonic is still working to regain investor confidence and rebuild momentum.
If the current uptrend continues, S could test resistance at $0.60, and a breakout above that level could push it toward $0.65.
However, if S loses its momentum, it may retrace to $0.47, with further downside potential to $0.37 or even $0.33 if selling pressure intensifies.
Litecoin ($LTC)
Litecoin, one of the most likely altcoins to receive ETF approval in the US, has climbed nearly 30% in the last seven days, with its price now trading near recent highs. Its market cap has reclaimed the $10 billion threshold, signaling renewed investor interest.
However, trading volume has declined 22% in the last 24 hours, now at $1.24 billion, suggesting a slight slowdown in market activity despite the strong rally.
$LTC’s EMA lines indicate that the uptrend could continue, with short-term moving averages positioned above long-term ones.
This bullish setup suggests that momentum remains strong. If the trend holds, $LTC could test resistance at $141 and $147. A breakout above these levels could push $LTC toward $150 or even $160, which would mark its highest price since December 2021.
If the trend reverses, $LTC has a key support level at $110 that could provide a buffer against a deeper decline.
However, if this level is lost, $LTC could slide further to $96 or even $86 in a stronger pullback.
DeXe ($DEXE)
$DEXE, a governance protocol, has dropped 11% in the last seven days, bringing its market cap down to $1.5 billion. Trading activity has also remained relatively low, with its daily volume at $7.5 million. This decline comes as the token undergoes a correction following a strong rally earlier this month.
Built on the Ethereum blockchain, $DEXE reached its highest price since 2021 on February 5. However, after hitting that peak, it has been in a pullback phase, with selling pressure outweighing buying momentum.
If the downtrend continues, $DEXE could test the support at $15.8, and a break below that level could push it down to $13.2, its lowest price since mid-January.
On the other hand, if momentum shifts back in favor of buyers, $DEXE could test resistance at $19.4, with further upside potential to $21.8 and $24.1. A strong breakout above these levels could even see $DEXE testing $25 for the first time since April 2021.
Ondo Finance ($ONDO)
$ONDO has been in a downtrend over the last seven days, but with the RWA sector gaining momentum, it could be setting up for a recovery. As one of the leading real-world asset tokens, $ONDO remains closely tied to broader sector trends, and as other RWA altcoins are currently trending, $ONDO could follow that lead.
Its EMA lines are currently very close to each other, with short-term moving averages still below long-term ones.
However, the gap between them is narrowing, which could indicate a potential trend shift. If the downtrend continues, $ONDO has strong support at $1.25, and a break below that level could push it down to $1.
If $ONDO regains bullish momentum, it could test resistance at $1.49, with further upside potential to $1.66.