3 altcoins to watch in the first week of January 2026


Start the first week of the year on a positive note, due to the neutral macro financial market response to the US attack on Venezuela. This makes the rest of the week look quite bullish.

In line with this, BeInCrypto has analyzed three altcoins that investors should keep an eye on in the first week of January.

Sponsored

Sponsored

Stellar (XLM)

XLM is trading near $0.233 at the time of writing, recording gains of nearly 16% over the past seven days. Despite this recovery, Stellar is still trapped in a falling trend line Limiting the price movement For more than a month, limiting the confirmation of a long-term trend reversal.

Breaking the downtrend requires XLM to recover the $0.241 resistance. The Parabolic SAR indicator is below the price, indicating an active uptrend. Sustaining momentum requires a continued flow of capital. If the buying power continues, XLM may be headed to test the $0.241 level in the coming sessions.

To get more insights like this on tokens, subscribe to the daily crypto newsletter from editor Harsh Notaria From here.

XLM price analysis.
XLM price analysis. Source: Trade view

Failure to exit a downtrend exposes you to downside risk. Under renewed selling pressure, XLM may retest the $0.220 support. Breaking this level refutes the bullish hypothesis, and could push the price towards $0.206.

Sponsored

Sponsored

RETURN

RENDER jumped 57% in the past week, ranking among the top performing tokens. Along with meme currencies, AI-focused cryptocurrencies have gained ground Strong moment Since the beginning of the year 2026. Renewed interest in this sector has led to increased speculative and fundamental demand, with RENDER becoming a prominent beneficiary of the broad risk environment.

The RENDER wave appears to be supported by strong capital flows. The Chaikin Money Flow indicator remains well above the zero line, indicating continued accumulation. The strong participation of token holders increases the probability of continuing the rally. If the momentum continues, RENDER’s gains could extend beyond $2.18 and $2.34, reaching a two-month high.

Render price analysis.
Render price analysis. Source: TradingView

The downside risk persists if investors start taking profits. can drive Increased sales pressure To push the Render below the psychological level $2.00. A breakdown can reveal a support at $1.71, which will invalidate the bullish scenario and transform the outlook close to consolidation or correction.

Onyx Coin (XCN)

XCN is an altcoin to watch in the first week of January, as it has risen sharply in the last 24 hours, posting a 41% gain at the peak. Commerce Alternative currency Close to $0.00595 after another failed attempt to break $0.00630. This level has been rejected three times in the past six weeks, remaining a critical resistance zone.

The RSI revealed a loss of momentum in late December, and XCN is now showing renewed strength. It appears that buyers are back, supporting the current recovery. For the rally to continue, XCN must successfully retest $0.00535 as support, which will confirm stability and maintain the bullish structure in the short term.

XCN price analysis.
XCN price analysis. Source: TradingView

The downside risk remains if support fails to hold. A drop below $0.00535 will weaken confidence and expose XCN to further losses. In these conditions, the price may fall towards the support at $0.00477, which will invalidate the bullish scenario and erase the recent gains.



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *