The New Trading Week

The new trading week is off to a bullish start, with some altcoins exhibiting impressive momentum.

While the broader market cooled off last week, a few assets weathered the pullback, continuing to post notable gains, positioning them for potential continuation rallies in the days ahead.

ZORA

ZORA, the native token of the Zora Protocol, is among the altcoins to watch this week. According to Coingecko, its value has surged by 325%, trading at $0.085 at press time.

Moreso, ZORA briefly hit an all-time high of $0.105 during yesterday’s intraday trading session. Despite witnessing a 20% correction from this peak, ZORA is still up 8% over the past day.

During this period, its trading volume has soared to $500 million, representing a 12% increase. This uptick indicates that the rally is being driven by growing investor demand and active market participation.

When both price and trading volume rise together, it signals a healthy, demand-driven rally, indicating that buyers are stepping in with conviction. This trend validates ZORA’s uptrend, suggesting a potential revisit of the all-time high at $0.105.

ZORA Price Analysis. Source: TradingView

However, a pullback from the bears could trigger a drop below $0.084, falling to $0.068.

URANUS

The Solana-based meme coin URANUS is another top gainer on Coingecko to keep an eye on this week. Currently trading at $0.47, the altcoin has increased by 235% in the past seven days.

Readings from the URANUS/USD one-day chart indicate that the token’s price is significantly above its 20-day exponential moving average (EMA), reflecting buy-side pressure. As of now, URANUS’ 20-day EMA provides dynamic support below the price at $0.192.

This critical moving average gauges the asset’s average price over the past 20 trading days, banking on recent price changes. When an asset’s price is above its 20-day EMA, it signals short-term bullish momentum, suggesting that URANUS’ recent price action is strong and its buyers hold control.

If they maintain this control, the token could further its gains, climbing above $0.497.

URANUS Price Analysis. Source: TradingView

Conversely, if sell-offs occur, the token could dip to $0.410.

VINE

VINE, a meme coin inspired by the defunct Vine video app, has surged by 267% over the past week, making it among Coingecko’s top gainers to watch this week.

An analysis of the token’s Elder-Ray Index indicates rising buy-side pressure in VINE spot markets. Over the past five days, this momentum indicator—measuring buying and selling pressures—has returned only green histogram bars, which have been increasing in size with each trading session.

This consistent uptick in buy-side strength implies that bullish momentum surrounding VINE is escalating. The expanding green bars signify that buyers are overpowering sellers, thus fortifying the recent rally and hinting at continued upside if demand holds.

In this scenario, VINE could reach $0.179.

VINE Price Analysis. Source: TradingView

Conversely, if bears regain dominance, they might trigger a price dip to $0.149.