
Jakarta, Pintu News – The CRYPTO market is starting to show early signs of rotation after a tumultuous start to the year. Although some assets are still moving in narrow ranges, some price movement patterns are starting to quietly rally below key resistance levels.
In this situation, the BeInCrypto page has identified several altcoins that have the potential to reach record high prices if momentum continues to develop. Each observed pattern has a solid price structure, clear upside triggers and well-defined risk limits (invalidation levels) and is worth monitoring closely this week.
Monero (XMR) is emerging as one of the altcoins that could potentially hit an all-time high this week, driven by capital rotation and turmoil in other privacy coin sectors.
Read also: 36 Altcoins Worth Considering in the First Quarter of 2026, According to Grayscale
The price of XMR is up nearly 18% in the 24 hours (12/1) and more than 35% over the past seven days, with capital inflows increasing after the disruption around Zcash shifted investor attention to Monero.
As of January 12, the price of XMR is trading just below its previous record high of around $598, which puts it in a potential breakout zone. This latest rise was triggered by the breakout of the ascending channel pattern on January 11, which boosted the upward momentum sharply.
Although there was selling pressure near the previous peak – as seen from the long upper wick – the overall structure of the price movement remains intact and has not shown any signs of rejection.
However, there are short-term cautionary signals to note. The On-Balance Volume (OBV) indicator, which measures buying and selling pressure, shows a bearish divergence.

Although the price of XMR continued to rise, the OBV formed lower peaks between November 9 and January 12 (still in progress). This indicates that volume support is starting to weaken, which explains why the price was held back while trying to break out of the all-time high zone.
Even so, the bullish structure still remains in place. If XMR manages to break and maintain the $592-$598 level on a net basis, then there is upside potential towards $658, which could even extend to around $704-which represents around 21% upside potential from current levels, provided momentum remains strong and the narrative around privacy remains alive.

The invalidation level is quite clear. If Monero drops below $523-which is a strong 0.618 Fibonacci level-then the breakout scenario will be invalidated. In that case, XMR could experience a deeper correction towards $480, potentially even down to $411 if general market conditions worsen.
Canton is also on the list of coins that have the potential to reach all-time highs, supported by a clean and solid price structure. The token has gained about 11% in 24 hours (12/1) and is now only about 17% below its previous record high, which puts it firmly in the breakout zone.
What stands out about Canton is the daily chart structure. Currently, Canton is forming a bull flag pattern, which is a trend continuation pattern that usually appears after a strong upward price movement. This pattern successfully broke to the upside on January 11, which explains the sharp spike in the last trading session. Historically, bull flag patterns are often the starting point for uptrend continuation.
Context also plays an important role. This flag pattern formed after a price spike of about 200% that brought Canton into price discovery territory early in this cycle. After that, there was a consolidation phase (which pushed the price into the flag zone) instead of distribution. This makes the current breakout attempt structurally different than the rally in the latter stages.

For a continuation of the uptrend, the first obstacle to overcome is around $0.177, which coincides with the previous high. If the price can close daily above this level on a net basis, then Canton will re-enter the price discovery phase.
If momentum is maintained, the next upside target is at $0.197 (0.618 Fibonacci extension level). If this level is also successfully crossed, the long-term projection points to around $0.243.
The invalidation scenario is also quite clear. If the Canton price drops below $0.124, then buyers need to defend the $0.112 level aggressively. If the level is broken, then the bull flag structure will be broken and the chances of going to an all-time high will weaken.
Read also: BNB Aims for $1,000 Level Amid Surge in Derivatives Activity: BNB Price Ready to Rise?
Rain completes the list of altcoins that have the potential to reach all-time high prices in the near future. As of January 12, the RAIN token was trading about 5.6% below its all-time high and had decreased by about 1% in 24 hours (12/1).
Despite the pause in short-term momentum, performance over the past seven days is still positive at around 10%, suggesting that the overall structure of the movement is still constructive.
The current setup originated from an inverse head-and-shoulders pattern that successfully brokeout on January 6. This breakout pushed RAIN into a price discovery phase, leading to a new record high around $0.010.
But since then, the momentum started to slow down. The price corrected sharply to touch $0.0081, before eventually climbing back up and reclaiming the $0.0088 area.
This recovery is important as it shows that buyers are still defending the price structure and have not completely exited the market. Even so, the upward movement is being held below $0.0089, which has previously been an area of rejection. This level is now the first hurdle that needs to be broken.

If the price manages to break $0.0089, the opportunity to retest the $0.010 psychological level as well as the all-time high will open up. If the level turns into support, RAIN could potentially rise further to around $0.0114, especially if market conditions strengthen.
However, momentum confirmation is still needed. The On-Balance Volume (OBV) indicator provides a cautionary signal. Between January 4 to 11, the price did rise, but the OBV actually fell, indicating that market participation was weakening or there was profit-taking behind the rally. This divergence suggests the possibility of further consolidation before the next breakout attempt.
If RAIN fails to hold above $0.0081, then the next support level that buyers will have to defend is $0.0078. If this level is also broken, then the bullish structure will fail and the market focus will shift to a deeper consolidation phase.
For now, RAIN’s condition looks more like an adjustment phase (reset), not a complete rejection. The technical structure is still intact, but the trading volume needs to strengthen again for the attempt to print a new all-time high to succeed.
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*Disclaimer
This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.
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