TLDR:
- Stellar (XLM): Aiming to break a month-long downtrend if it can successfully reclaim the $0.241 resistance level.
- Render (RENDER): The AI sector is driving a 57% weekly surge backed by robust capital inflows.
- Onyxcoin (XCN): Currently recording a 41% spike while facing a critical resistance test at $0.00630.
Extreme optimism has taken hold during the first week of 2026 within the cryptocurrency market. Although the opening hours of the year were marked by macroeconomic uncertainty, the response from digital assets has been decidedly bullish. This shift has allowed analysts to identify projects with promising technical structures that are decoupled from broader market hesitation.
Experts point to three specific altcoins to watch in January, as they stand out for their rapid recovery capacity and significant accumulated institutional interest.
Technical Analysis: Stellar, Render, and Onyxcoin
First is Stellar (XLM). It has positioned itself as one of the primary altcoins to watch in January, trading near $0.233 with gains of 16% over the last seven days. To confirm a sustained trend reversal, XLM must reclaim the $0.241 level; otherwise, the risk of a retracement toward $0.220 remains a possibility.
The second asset on the radar is Render (RENDER). It has successfully capitalized on the renewed global interest in Artificial Intelligence (AI), achieving an impressive 57% rally. The Chaikin Money Flow indicator shows sustained accumulation, suggesting that if demand remains constant, the asset could surpass $2.34, reaching price levels not seen in two months.
Finally, Onyxcoin (XCN) has surprised the market with a daily surge of 41%. Despite facing repeated rejections at the $0.00630 zone over the past six weeks, the return of high-volume buyers and a recovering RSI indicate that the bullish momentum is still intact. However, to maintain this positive structure, XCN must validate $0.00535 as a solid support floor.
In summary, these three assets offer a diverse outlook, spanning from global payment infrastructure to decentralized GPU computing. The success of these altcoins to watch in January will depend on the stability of the global market and the ability of buyers to absorb profit-taking at these key resistance levels.
