The cryptocurrency market is showing strong signs of recovery today, led by Virtuals Protocol (VIRTUAL), Aerodrome Finance (AERO), and Pump.fun (PUMP), as the prospect of an end to the protracted US government shutdown uplifts market sentiment. Reports suggest a potential deal is emerging in the Senate to restore funding to key departments.
Key Altcoin Performance and Technical Outlook
- Virtuals Protocol (VIRTUAL):
- Gains: VIRTUAL is up 7% at press time, extending recent increases.
- Target: It is challenging the 61.8% Fibonacci retracement at $1.62. A clear break above this could push the price toward the November 2 high of $1.89 and potentially beyond to the $2.09 and $2.35 extension levels.
- Indicators: The RSI is at 63, showing increasing buying momentum before hitting the overbought zone, and the MACD is bullish above the zero and signal lines.
- Support: If resistance holds, the price could retest the $1.16 support base.
- Aerodrome Finance (AERO):
- Uptrend: AERO is trading near $1.10, maintaining an 11% Sunday gain and marking its fourth consecutive day of an uptrend, nearing the October 31 high of $1.14.
- Bullish Signal: The 4-hour chart flashed a "Golden Cross" as the 50-period EMA crossed above the 200-period EMA, signaling a strong short-term recovery.
- Target: Potential overhead resistances are the $1.25 and $1.38 Fibonacci extension levels.
- Support: Key supports lie below the $1.00 psychological mark at $0.98 and $0.94.
- Pump.fun (PUMP):
- Gains: PUMP is up 8% and is extending its bullish start to the week after a 9% rise on Sunday.
- Target: The token is approaching a critical local resistance trendline near the 50-day EMA at $0.4554. A successful breakout here could propel the rally toward the R1 Pivot Point at $0.007598.
Conclusion
The renewed possibility of a US government shutdown resolution has created a significant "risk-on" mood in the crypto markets. VIRTUAL, AERO, and PUMP are actively capitalizing on this positive shift, displaying strong technical momentum and bullish chart patterns (like the Golden Cross in AERO). Should the government funding resolution be confirmed, the market is likely to see further capital inflow, helping these altcoins target their next major resistance levels and sustain the current recovery trend.
November 2025, Cryptoniteuae