Top Crypto Gainers: VIRTUAL, AERO, PUMP rally as US Government shutdown nears end

• Virtuals Protocol rally resurfaces above the $1.50 level, with bulls planning to extend gains.
• Aerodrome Finance reversal rally extends above $1 as buying pressure increases.
• Pump.fun approaches a key resistance trendline as momentum shifts bullish.

Virtuals Protocol (VIRTUAL), Aerodrome Finance (AERO), and Pump.fun (PUMP) champion the strong cryptocurrency market recovery at press time on Monday as the US Government shutdown nears resolution. A Bloomberg report indicates that a group of certain Senate Democrats could support a deal to reopen funding for some departments, potentially ending the record-breaking US government shutdown. 

The altcoins aim for further gains as the possibility of the US government shutdown coming to an end uplifts the markets' mood.

Virtuals Protocol crosses $1.50, eyeing further gains

Virtuals Protocol edges higher by 7% at press time on Monday, extending the 6% gains from Sunday. The AI Agents network token challenges the 61.8% Fibonacci retracement level at $1.62, drawn from the high of $1.89 on November 2 to the low of $1.16 on November 7 on the 4-hour chart. 

If VIRTUAL successfully clears the level, it could extend the rally to $1.89 swing high. Above this level, the 1.272 and 1.618 Fibonacci extension levels at $2.09 and $2.35, respectively, could act as overhead resistances. 

The technical indicators on the 4-hour chart suggest an increase in buying pressure, as the Relative Strength Index (RSI) climbs to 63, with further upside potential before reaching the overbought zone. Meanwhile, the Moving Average Convergence Divergence (MACD) extends recovery above the zero line after crossing above the signal line on Sunday.

If VIRTUAL flips from $1.62, it could retest the $1.16 support base. 

Aerodrome Finance reversal run triggers a Golden Cross pattern

Aerodrome Finance holds above $1.00, marking its fourth day of uptrend. At the time of writing, the AERO token is trading steadily near $1.10 on Monday, maintaining the 11% gains from Sunday and closing towards the October 31 high of $1.14. 

The Fibonacci extension from the $1.14 high to the $0.74 low of November 4 projects the 1.272 and 1.618 Fibonacci extension levels at $1.25 and $1.38, respectively, as potential overhead resistances. 

The momentum indicators on the 4-hour chart maintain a bullish trend as the MACD and signal line advance in a steady upward direction, while the RSI at 70 flattens near the overbought zone, indicating stability in buying pressure. 

Meanwhile, the 50-period Exponential Moving Average (EMA) crosses above the 200-period EMA, flashing a Golden Cross pattern, indicating a strong short-term recovery. 

On the downside, key support levels for AERO, which are below the $1 psychological mark, are the 61.8% and 50% Fibonacci retracement levels at $0.98 and $0.94, respectively. 

Pump.fun eyes a resistance trendline breakout rally

Pump.fun ticks higher by 8% at press time on Monday, starting the week on a bullish note. The PUMP token has extended its 9% rise from Sunday, crossing above the $0.004400 level. 

The Solana-based launchpad approaches a local resistance trendline formed by connecting the highs of September 14 and October 3, near the 50-day EMA at $0.4554. If PUMP surpasses this level, it could extend the rally to the R1 Pivot Point at $0.007598. 

The RSI is at 51 on the daily chart, crossing above the halfway line, which indicates a resurgence in buying pressure. Furthermore, the MACD is rising from the signal line after a crossover on Sunday, indicating that the bullish momentum is increasing. 

Looking down, the S1 Pivot Point $0.001562 could act as an immediate support level.