Oh, the crypto market! It’s like a rollercoaster designed by a mad scientist-volatile, unpredictable, and somehow still thrilling! 🌪️ After a start to the year that made us all question our life choices, things are finally rotating faster than a Mel Brooks punchline. While some assets are stuck in a never-ending loop of “meh,” a few sneaky setups are tightening their belts (and their resistance levels) for a wild ride. BeInCrypto, the Sherlock Holmes of the crypto world, has sniffed out three altcoins that might just hit all-time highs if the momentum keeps its pants on. 🕵️♂️💎
Each of these setups has a price structure stronger than a Brooks comedy, upside triggers clearer than a 4K screen, and invalidation levels so well-defined, even a newbie could spot them. Let’s dive in, shall we? 🏊♂️
Monero (XMR) 🕶️
Monero, the James Bond of privacy coins, is making a move that would impress even 007 himself. With capital rotating faster than a Brooks gag reel and turbulence in the privacy coin space, XMR is up 18% in the last 24 hours and a whopping 35% in the past week. All because Zcash had a little “oopsie” moment, redirecting the spotlight to Monero. 🎭
XMR is now trading just below its previous all-time high of $598, teetering on the edge of breakout territory like a tightrope walker with a fear of heights. The latest rally followed an ascending-channel breakout on January 11, which sent momentum soaring higher than a Brooks laugh track. Sellers tried to crash the party near the peak, leaving a long upper wick, but the structure remains as intact as a Brooks script-chaotic yet brilliant. 🎢
But wait, there’s a twist! On-Balance Volume (OBV) is showing a bearish divergence, like a comedian bombing mid-set. While the price climbs, OBV is forming lower highs, suggesting volume support is weaker than a Brooks sequel. This explains why the initial push into the all-time-high zone hit a wall. 🧱
Want more token insights like this? Sign up for Editor Harsh Notariya’s Daily Crypto Newsletter here. It’s like a Brooks movie-you’ll laugh, you’ll cry, you’ll HODL. 🎬
Still, the bullish structure is as valid as a Brooks Oscar win. A clean reclaim of $592-$598 could send XMR toward $658, with an extended target near $704-a 21% upside if momentum keeps its groove and the privacy narrative stays hotter than a Brooks one-liner. 🔥
But beware! If Monero loses $523, the 0.618 Fibonacci level, the breakout thesis crumbles like a poorly written script. That could lead to a pullback toward $480, or even $411 if the market decides to go full Brooks chaos. 🌀
Canton (CC) 🏛️
Canton is the underdog of this crypto comedy, up 11% in the last 24 hours and trading just 17% below its all-time high. It’s like the sidekick who finally gets their moment to shine! 🌟
What’s stealing the show? The daily chart structure-a bull flag so clean, it could be a Brooks costume. This continuation pattern usually appears after a strong upside move, and Canton’s flag broke to the upside on January 11, launching it like a Brooks punchline. Historically, this pattern is the rocket fuel for trend continuation. 🚀
Context is key. The flag formed after a 200% impulse move that sent Canton into price discovery, followed by consolidation (not distribution). This breakout attempt is structurally different from a late-stage rally, like a Brooks movie that gets better with every rewatch. 🎥
For the upside to continue, the first hurdle is $0.177, aligning with the prior all-time high. A clean daily close above that level sends Canton back into price discovery mode. If momentum holds, the $0.197 zone (the 0.618 Fibonacci extension) becomes the next checkpoint. Beyond that? The projection points toward $0.243-a number so big, it’s practically a Brooks budget! 💸
Invalidation is clear as a Brooks joke. If Canton loses $0.124, buyers must defend $0.112 like it’s the last slice of pizza. A breakdown below that level invalidates the bull flag and weakens the all-time high thesis. 🍕
Rain (RAIN) ☔
Rain is the moody artist of this trio, trading 5.6% below its all-time high and down 1% in the last 24 hours. But don’t let the pause fool you-its seven-day performance is still a solid 10%, showing the structure is as constructive as a Brooks set design. 🖼️
The setup traces back to an inverse head-and-shoulders breakout on January 6, pushing Rain into price discovery like a Brooks character breaking the fourth wall. It hit a new all-time high near $0.010, but since then, momentum has cooled. Price pulled back to $0.0081 before reclaiming $0.0088-a move that suggests buyers are still in the game, not heading for the exits. 🏃♂️
The first key hurdle is $0.0089, which has already rejected the price once. A clean break above that level reopens a test of $0.010, the psychological and all-time high level. If that flips into support, RAIN could extend toward $0.0114 under stronger market conditions. But momentum needs confirmation-OBV is flashing caution, like a Brooks character warning of impending doom. ⚠️
If Rain fails to hold $0.0081, the next level to defend is $0.0078. Losing that zone invalidates the bullish setup and shifts focus toward deeper consolidation. For now, Rain looks more like a reset than a rejection-the structure is intact, but volume must return before another all-time high attempt becomes likely. Like a Brooks sequel, we’re waiting for the right moment to strike! 🎬
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2026-01-12 22:54