3 Altcoins To Watch This Weekend | January 24 – 25
By:BeInCrypto
The final weekend of the month is expected to be relatively calm as geopolitical tensions ease. With concerns surrounding Greenland subsiding, crypto markets may regain stability and find clearer direction. BeInCrypto has analyzed three altcoins that appear positioned for a potentially positive weekend ahead. Tezos (XTZ) XTZ enters the weekend with a major catalyst ahead as the Tallinn upgrade goes live. The update aims to enhance network efficiency, speed, and security. Protocol upgrades often influence short-term price action, making Tezos a closely watched asset as traders position for potential volatility. Technical indicators support the possibility of a breakout. Bollinger Bands are converging, signaling compressed volatility. If expansion coincides with the Tallinn upgrade, the XTZ price could push above $0.59 and $0.62. A successful breakout may drive Tezos toward the $0.66 resistance level. Want more token insights like this? Sign up for Editor Harsh Notariyas Daily Crypto Newsletter here. XTZ Price Analysis. Source:TradingView The bullish scenario depends on market reaction. If traders fail to respond positively, the price may remain range-bound. Under that outcome, XTZ would likely continue consolidating between $0.55 and $0.62, reflecting neutral sentiment despite the protocol upgrade. Seeker (SKR) SKR delivered a strong performance this week, surging 335% after launch and setting a new all-time high at $0.0597. The rapid rally attracted speculative interest before profit-taking emerged. Early momentum positioned SKR as a high-volatility asset, drawing active participation from short-term traders. After the peak, SKR corrected 23.6% and now trades near $0.0390, holding above the $0.0385 support. Selling transactions currently outweigh buying activity. If this imbalance persists into the weekend, downside pressure could intensify, sending SKR toward the next major support level near $0.0205. SKR Price Analysis. Source:TradingView A reversal remains possible if sentiment shifts. Renewed buying interest could stabilize price action and trigger a rebound. Reclaiming $0.0517 would mark a decisive move, opening the door for SKR to retest the previous high and potentially establish a new all-time high. Canton (CC) CC is among the few altcoins showing bullish momentum heading into the weekend. The Money Flow Index indicates strengthening buying pressure, signaling rising investor interest. This accumulation phase suggests CC may sustain upward movement as market conditions stabilize and traders rotate into assets showing relative strength. CC trades near $0.142 at the time of writing, just below the $0.148 resistance level. A successful breakout could push the price toward $0.164. Such a move would place CC closer to its $0.177 all-time high, which remains about 24% above current levels. CC Price Analysis. Source:TradingView The bullish outlook depends on clearing resistance. Failure to breach $0.148 could trigger renewed selling pressure. Under that scenario, CC price may retreat toward the $0.133 support level, invalidating the bullish thesis and postponing any attempt to approach the all-time high. Read the article at BeInCrypto
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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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