Three altcoins that will set the tone for the third week of June: analysis of TAO, ZEC, and WBT
The third week of June starts with a strong momentum for several altcoins. Bittensor (TAO), Zcash (ZEC), and WhiteBIT Coin (WBT) have shown double-digit weekly gains and are approaching critical technical levels. The only question is whether the bullish scenario can hold.
According to my data, over the past seven days, TAO has gained 28.3%, ZEC 21.3%, and WBT 20.2%. A consistent pattern is visible across all charts: the assets have recovered from a correction and are now testing key Fibonacci zones. This is not a coincidence but a regularity — the market has digested the sell-offs and is ready for a new move.
Bittensor (TAO): Return to the Ascending Channel
TAO is trading around $273 after a surge from the $236 level (0.236 Fibonacci). On June 13, the price returned inside the ascending parallel channel that has held since November 2025. The breakout was accompanied by a noticeable increase in volumes — this is not a false signal but genuine interest from participants. The BBWP indicator also points to momentum formation.
The nearest resistance is $294 (0.382 Fibonacci). Further targets are $341 (0.5) and $388 (0.618). Support remains at $236, with the lower channel boundary at $187 acting as a structural floor. If the daily close falls below $236, the bullish scenario will weaken, but as long as these levels hold, TAO is aimed at testing new highs.
Zcash (ZEC): Head and Shoulders Pattern Played Out — Now Recovery
ZEC has stabilized around $531 after a 21.3% weekly gain. In spring, the price got stuck at $629 (0.786 Fibonacci), where a head and shoulders reversal pattern formed. The pattern played out to the downside, and the coin corrected to the accumulation zone of $240, which held from February to April. The pullback was accompanied by massive volumes — supply was bought up.
Now ZEC has recovered to $533 (0.618 Fibonacci), coinciding with the local high from late December. A bullish MACD signal confirms the strength of the move. If the daily close is above $533, the path to $629 opens. Otherwise, a pullback to $467 (0.5) or $400 (0.382) is possible.
WhiteBIT Coin (WBT): V-Shaped Bounce and Channel Test
WBT is trading near $55 after a 20.2% weekly gain. In late May, the coin sharply declined from the upper boundary of a rising channel, tested support at $42, and made a V-shaped bounce of nearly 30% from the low. Now WBT has stabilized above the 0.382 and 0.5 Fibonacci levels ($51 and $53 respectively), which now act as support.
The key test is the $56 zone (0.618 Fibonacci), coinciding with the lower area of the broken channel. If the price closes above, the path opens to $60 (0.786) and the all-time high of $64.43. The RSI has recovered from oversold territory to a neutral 60, leaving room for movement before overbought conditions.
What's Next?
For all three assets, a similar picture has emerged: after a correction, they have approached important intersection zones of Fibonacci levels. For continued growth, bulls need a daily close above these marks. For TAO, this is $294; for ZEC, $533; for WBT, $56. If they fail to overcome them, the market will enter a consolidation phase.
My expert assessment: The current dynamics indicate a high probability of a breakout, especially against the backdrop of rising volumes and technical signals. However, without a close above these levels, it is too early to talk about a full-fledged trend. Watch the daily closes — they will decide the fate of these altcoins in the coming days.