Altcoin Watchlist #153

Hello and welcome back to the Rekt Capital Newsletter

In today’s edition, the following cryptocurrencies will be analysed & discussed:

• Dogecoin (DOGE)
• Ondo (ONDO)
• Aerodrome Finance (AERO)
• Hyperliquid (HYPE)
• Jupiter (JUP)
• Virtuals Protocol (VIRTUAL)

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.

Dogecoin – DOGE/USDT

Dogecoin has lost the sideways Weekly channel (blue) that had been guiding the latest period of consolidation.

Price is also delivering a Weekly Close beneath the $0.0740–$0.0800 (blue horizontal, Range Low) region and now turning it into resistance.

Reclaiming this Range Low is the first thing to watch for in terms of short-term bullishness.

For now though, the Weekly channel does not look promising, and that weakness carries implications for the higher timeframe as well.

On the Monthly, Dogecoin has Monthly closed beneath the blue Monthly Range High Resistance of the green-blue Range and is treating it as resistance, which is the most important technical takeaway from this chart.

With bearishness confirmed on the Monthly, the Weekly becomes the timeframe to watch for how that weakness plays out going forward. 

A rejection from the Weekly Channel Bottom would send price lower from here.

Reclaiming the Range Low and rallying into a Lower High would only offer short-term relief and such a brief reclaim of the Weekly Channel would only constitute a fakeoutl; even that outcome would still be a sign of weakness before the level ultimately gives way and breaks down for good.

Ondo – ONDO/USDT

Revisiting the plan laid out previously for Ondo back in late April 2026:

A Weekly Close above the $0.28313 (blue horizontal, Range High resistance) cluster, followed by a retest, was the trigger being watched for expansion into $0.44022 (black horizontal, Range High resistance). 

The alternative, a Weekly Close beneath the Range Low, would have opened the door to a breakdown instead, however in the absence of that bearish closing, and the fact that we got the bullish trigger via a Weekly Close above the blue level first meant that price was ready to exit its range to the upside:

Price delivered the Weekly Close above $0.28313, and that Weekly Close is what kickstarted the entire range-bound cluster and expansion, taking price up as much as +54.89% from the move's origin.

The question going forward is whether Ondo can achieve a Weekly Close and Post-Breakout Retest of $0.44022 above. 

If that happens, history could repeat with a revisit of the red zone higher up.

Ondo has already rejected from $0.44022 once before, a rejection that sent price down to $0.20470 (black horizontal). 

That prior rejection earlier this year was itself a lesser one compared to what came before it (red circle), which leaves a chance for a reclaim at $0.44022 this time around.

A Weekly Close above $0.44022, followed by a successful retest of the black level, is what would be needed to enable that upside from here.