3 Altcoins to Watch as US Government Shutdown Nears End

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BeInCrypto 2 hours ago 141

After 40 days of uncertainty, the US Government Shutdown is seemingly nearing an end. The US Senators struck a bipartisan deal to end the longest shutdown in American history. 

While over the past month and more, the macro financial markets remained bearish, the crypto market witnessed sharp volatility, with many tokens enjoying gains. Thus, BeInCrypto has focused on three tokens among these top performers that could continue their rally after the shutdown ends.

Zcash (ZEC ($587.89))

ZEC has emerged as one of the best-performing altcoins during the US government shutdown. As the privacy token narrative strengthened, investor demand surged, driving ZEC to record a remarkable 756% increase.

Currently trading at $634, ZEC appears poised to continue its upward trajectory toward the $700 mark. A successful breach could open the path to $800, with the next target at $1,000. The Chaikin Money Flow (CMF) indicator suggests sustained inflows, supporting the likelihood of continued bullish momentum.

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ZEC Price AnalysisZEC Price Analysis. Source: TradingView

However, CMF levels are now in the saturation zone above 0.20, where reversals typically occur as profit-taking begins. If this trend repeats, ZEC could fall below $600, breaking through the $478 support and potentially sliding to $400 or lower, thereby invalidating the current bullish outlook.

Virtuals Protocol (VIRTUAL)

VIRTUAL has become one of the most talked-about altcoins in recent weeks. The token has surged 101% since late October, reflecting strong investor confidence. As it nears a potential Golden Cross, market sentiment suggests that VIRTUAL could sustain its momentum amid rising interest in AI-powered crypto projects.

As one of the leading players in the AI Agent sector, Virtuals Protocol continues to attract attention from both retail and institutional investors. The upcoming Golden Cross — when the 50-day EMA crosses the 200-day EMA — could propel VIRTUAL beyond $1.54 and $1.65, eventually targeting the $2.00 mark.

VIRTUAL Price Analysis.VIRTUAL Price Analysis. Source: TradingView

However, if profit-taking intensifies among investors, VIRTUAL price may lose its current footing. A drop below $1.37 could push it toward $1.14, erasing recent gains and invalidating the bullish outlook. 

Soon (SOON ($1.98))

SOON emerged as one of the top breakout tokens during the US government shutdown, soaring 462% since October 1. Its core strength lies in being a high-performance Solana Virtual Machine (SVM) Rollup ecosystem that scales blockchain adoption through cross-chain interoperability and Layer 2 integration across Ethereum and other chains.

The project’s approach has resonated with users, driving sharp gains in its native token. Currently trading at $2.12, SOON shows bullish momentum, with the Parabolic SAR signaling an uptrend. Maintaining $2.03 as a support floor could allow the token to climb toward $3.00 in the near term.

SOON Price Analysis. SOON Price Analysis. Source: TradingView

However, profit-taking could trigger a short-term correction. If selling pressure intensifies, SOON price may drop to $1.39, with a potential decline to $1.04 if the support fails to hold. Such movement would invalidate the current bullish outlook.

The post 3 Altcoins to Watch as US Government Shutdown Nears End appeared first on BeInCrypto.



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