Discover the Three Altcoins That Could Make You Rich This January! 💰🚀

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Ah, the inaugural week of the year arrives like an overzealous postman, delivering a bouquet of financial optimism, courtesy of the US’s rather neutral escapade into Venezuelan affairs. The market seems to light up with a bullish fervor that even a grumpy cat would crack a smile at.

In this delightful conundrum of crypto chaos, BeInCrypto has scrutinized three altcoins that investors might want to keep their beady eyes on this week. 🧐

Stellar (XLM)

As of this very moment, XLM dabbles around $0.233, boasting a nearly 16% bounce in the last seven sunsets. Yet, dear reader, despite this jovial recovery, Stellar is still shackled by a downtrend line-like a reluctant dancer stuck in a monotonous waltz for over a month, hindering any hopes of a triumphant twirl of sustained reversal.

To break free from this dreary dance, XLM must reclaim the elusive $0.241 resistance. The Parabolic SAR is sitting just below the price, waving its encouraging flag of an active uptrend. But alas, for this momentum to continue, we need a steady stream of capital inflows, like a river of cash flowing serenely through the valley of digital currencies. If demand holds firm, XLM might just challenge that pesky $0.241 in the upcoming sessions. 🌊

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But beware! Should our dear XLM fail to escape the clutches of the downtrend, it may find itself tumbling toward the $0.220 support. A slip below this threshold could shred the bullish dream, sending prices spiraling downwards to a gloomy $0.206. Oh, the humanity!

Render (RENDER)

Now, let us pivot to RENDER, which has soared a staggering 57% in the past week, strutting proudly among the top performers. As meme coins and AI-related cryptocurrencies gather round like moths to a flame since the dawn of this new year, RENDER has found itself basking in the radiant glow of speculative and fundamental demand, making it a prime candidate for the Risk-On Hall of Fame. 🎉

With solid capital inflows supporting this rally, the Chaikin Money Flow hovers above the zero line, indicating a delightful accumulation party. If the momentum doesn’t take a coffee break, RENDER could easily extend its gains beyond the enchanting realms of $2.18 and $2.34, potentially reaching a two-month high. Aim for the stars! 🌌

However, on the flip side, should investors decide to cash in their chips, we might see RENDER slipping below the psychological barrier of $2.00. Such a descent could expose it to the dreaded $1.71 support level, tearing apart the bullish narrative and nudging the outlook toward the dark corners of consolidation or correction.

Onyxcoin (XCN)

And last, but certainly not least in our cavalcade of crypto curiosities, we have XCN, which leaped sharply by 41% in the last 24 hours, like a catapulted kangaroo! Currently trading at approximately $0.00595 after another failed flirtation with the $0.00630, this price point has been rejected thrice in six weeks, establishing itself as a rather obstinate resistance zone.

Having lost some spring in its step late last December-thanks to a rather unimpressive RSI-XCN now shows signs of renewed vigor. Buyers seem to be returning, buoying the current rebound. For this rally to hold, XCN must successfully retest $0.00535 as support, confirming stability and preserving its short-term bullish structure. 🐾

Yet, fear not! If support crumbles like an old biscuit, a drop beneath $0.00535 may weaken confidence and expose XCN to further losses. In such dire conditions, we could witness the price sliding towards the $0.00477 support, tragically invalidating the bullish thesis and erasing all recent gains. The drama! 🎭

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2026-01-05 20:52