Altcoin Newsletter #270

Welcome to the Rekt Capital Newsletter, a resource for investors who want to better navigate the crypto markets with the help of cutting-edge crypto research and unbiased market analysis.

In today’s Altcoin newsletter I cover the following Altcoins – specifically:

• VeChain (VET)
• Celestia (TIA)
• Pyth Network (PYTH)
• Ondo (ONDO)
• Pepe (PEPE)
• Zcash (ZEC)

These Altcoin TA requests are made by valued readers of the Rekt Capital Premium Newsletter.

Let’s dive in...

VeChain – VET/USDT

VeChain has lost its multi-year uptrend trendline on the Monthly timeframe, and that trendline has since been turned into a new point of resistance.

Alongside that, the $0.008147 (blue horizontal, macro pivot), which acted as the 2019 and 2020 highs before being reclaimed as support in the latter stages of 2020, is now potentially turning into resistance as well. 

The orange/yellow region (macro pivot) has also been lost and converted into overhead resistance.

The result is that price is currently ranging within a narrow transitional band, sandwiched between two broader Macro Ranges.

To the upside, a Monthly Close above the blue level would open the door to traversing the wider range up toward the orange region. 

To the downside, losing the blue level with a Monthly Close below it and then retesting it from the underside, much like the sequence seen in 2019.

That would be a compelling bearish confirmation, setting up a move into the $0.006000–$0.003600 (red-to-red, lower Macro Range) over time.

With the Monthly Close approaching, this is the key decision point.

Last month already saw a rejection from the blue level, though without significant follow-through in either direction.

Given that we are midway through the Bear Market, the probability that VeChain transitions into the lower red range over time remains elevated. 

But as always, the Monthly Close will be the confirmation that determines which Macro Range price ultimately inhabits next.

Celestia – TIA/USDT

Celestia has been respecting its Macro Downtrend trendline for months.And in doing so has consistently lost former support levels and turned them into new points of resistance.

The KuCoin listing price, which briefly held as support, has since been converted into overhead resistance, a pattern that has repeated throughout this entire downtrend until price finally developed a Double Bottom at a lower low.

The immediate focus now is a Weekly Close above $0.3621 (orange horizontal, Range Low resistance). 

If price can achieve that and retest it as support on the Post-Breakout Retest, then the next destination would be $0.4604 (blue horizontal). 

From there, if momentum builds and $0.4604 is reclaimed, then $0.5775 (blue horizontal, Range High resistance) would come into focus as the upper boundary of this range.

However, the Range High is approximately confluent with the Macro Downtrend trendline  and in the current macro environment, a breakout through that trendline looks unlikely. 

So any rally toward the Range High would more probably be one of relief rather than structural reversal.

Looking further ahead, what would be compelling is if price were to develop an inverse Head and Shoulders formation.With this current structure forming the left shoulder and head, and a right shoulder yet to develop.

But that scenario depends heavily on timing. 

If that right shoulder develops later in 2026, there would be a case for renewed optimism. 

If it develops too early — say, still in Q2 — the formation would be unlikely to produce a new genuine Macro uptrend.

For now, that remains a scenario without sufficient data. We'll be taking it level by level.