3 Altcoins To Watch This Weekend | January 24 – 25

image

Source: CryptoNewsNet Original Title: 3 Altcoins To Watch This Weekend | January 24 – 25 Original Link: The final weekend of the month is expected to be relatively calm as geopolitical tensions ease. With concerns subsiding, crypto markets may regain stability and find clearer direction.

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.

XTZ Price Analysis

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

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

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.

XTZ-3,66%
SKR-25,61%
CC8,9%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)