Altcoin Watchlist #147
Features analysis on Altcoins such as XMR LINK XLM VIRTUAL WLD VET
Hello and welcome back to the Rekt Capital Newsletter
In today’s edition, the following cryptocurrencies will be analysed & discussed:
- Monero (XMR)
- Chainlink (LINK)
- Stellar (XLM)
- Virtuals Protocol (VIRTUAL)
- Worldcoin (WLD)
- VeChain (VET)
But before we dive in, this Friday I’ll chart your Altcoin picks in an exclusive subscriber-only TA newsletter and will cover as many as I can
So if you’d like to have an Altcoin charted, feel free to share max. two TA requests each in the comments below.
I’ll chart the Altcoins that get mentioned and ‘Liked’ the most
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Let's dive in to today's Altcoin Market Update.
Monero – XMR/USDT
On the Monthly timeframe, XMR is one of the more cyclically reliable assets in this market, but that reliability now carries a warning.
Price has been printing Macro Higher Highs at each cycle top, while RSI has been printing Macro Lower Highs.
That is a textbook Bearish Divergence, and it is developing on the highest timeframe available.
Bitcoin formed the same Macro Bearish Divergence in mid-2024, and it wasn't until late 2025 that it fully played out with a Bull Market peak.
These higher timeframe signals do not resolve immediately, but they do resolve.
The more immediate picture reinforces that mounting weakness.
Price has formed a brand new Lower High well below $422.09 (red horizontal, All Time High resistance), and the red diagonal downtrend trendline continues to cap any recovery attempt.
Until XMR can reclaim $422.09 as support and break that downtrend trendline, the path of least resistance points lower.
Losing the green zone (green horizontal zone, macro support) would open the door to $286.72 (black horizontal, macro support).
But as long as the downtrend persists, the more likely destination over time is the full volume gap between $286.72 and $214.60 (black horizontal, macro support below), a range that would effectively activate the Macro Bearish Divergence.
This series of Lower Highs, if it persists, will guide price into progressively lower ranges.
The question is whether XMR can invalidate that structure by reclaiming $422.09.
If it cannot, the early stages of an XMR Bear Market may already be in motion.
Chainlink – LINK/USDT
We've covered LINK's weakening support story over recent weeks, and that thesis has now played out.
Each rally generated from $8.186 (black horizontal, macro support) has been smaller than the last.
A pattern that has been signalling deterioration for some time. LINK has now delivered a Weekly Close below that level, which sets up the transition from old support into new resistance.
The historical context makes the pattern unmistakable.
The 2020 rally from this region produced +543.47%. The late 2024 rally followed with +276.99%. The most recent attempt managed just +22.60%, a far cry from either predecessor.
That progressive weakening has culminated in the level being lost altogether.
LINK is now resynchronising with a major pocket of historically transacted volume, where price may find some stabilisation.
But the path of least resistance continues to point toward additional downside from here.