ETHGas (GWEI), Velvet (VELVET), and DeXe (DEXE) ranked among the strongest altcoins to watch as the first week of July opens. GWEI jumped roughly 50% in 24 hours, VELVET rose about 275% in seven days, and DEXE gained near 40%, according to BeInCrypto, as all three showed breakout setups but with stretched indicators.
GWEI traded near $0.21 with $0.10 and $0.16 flipped to support and a $0.24 target; VELVET traded near $1.67 with resistance below $2 and support at $0.60 after an all-time high near $2.07 this week; DEXE traded near $21.78, targeting $30 and $38 after a cup-and-handle breakout, with resistance near $24.