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3 Altcoins To Watch In The First Week of January 2026
Yahoo Finance· 2026-01-05 17:00
Core Insights - The macro financial market response to the US's attack on Venezuela is neutral, leading to a bullish outlook for the week [1] Group 1: Stellar (XLM) - XLM is trading near $0.233, with a nearly 16% gain over the past week, but remains constrained by a downtrend line [2] - To break the downtrend, XLM needs to reclaim the $0.241 resistance, with the Parabolic SAR indicating an active uptrend [3] Group 2: Render (RENDER) - RENDER has surged 57% over the past week, benefiting from renewed interest in AI-focused cryptocurrencies [5] - The rally is supported by solid capital inflows, with the Chaikin Money Flow indicating sustained accumulation [6] - There is a downside risk if profit-taking occurs, which could push RENDER below the $2.00 level [7] Group 3: Onyxcoin (XCN) - XCN surged 41% in the past 24 hours, trading near $0.00595 after failing to break the critical resistance at $0.00630 [8] - The current rebound shows renewed strength, but XCN must retest $0.00535 as support to confirm stability [9]
Why Is Crypto Up Today? – January 5, 2026
Yahoo Finance· 2026-01-05 11:28
Market Overview - The cryptocurrency market capitalization increased by 1% to $3.24 trillion, with 87 of the top 100 coins experiencing price increases over the past 24 hours [6][5] - Bitcoin (BTC) rose by 1.2% to $92,483, while Ethereum (ETH) increased by 0.5% to $3,155 [5][4] - The total crypto trading volume reached $101 billion [6] Investment Trends - Investors are adding digital gold to their portfolios, with Bitcoin leading the market higher alongside Ethereum and Solana [7] - A resurgence in interest in meme coins, such as Shiba Inu and Pepe, has shifted market sentiment positively [8] - The crypto fear and greed index has improved to 42, indicating a return to the neutral zone for the first time since October [13] Regulatory Developments - The Genius Act and regulatory rulemaking around stablecoins are expected to enhance confidence in the crypto asset class, with PwC increasing its involvement in the crypto ecosystem [2] - The US BTC and ETH spot ETFs began 2026 with significant inflows of $471.14 million and $174.43 million, respectively, indicating strong investor interest [14][15] Price Movements - Among the top 100 coins, notable price movements included Provenance Blockchain (HASH) falling by 10.2% and Render (RENDER) appreciating by 16% [3] - XRP saw the highest increase at 2.9%, currently priced at $2.13, while Dogecoin (DOGE) decreased by 0.9% [4][3] Future Outlook - Analysts expect the market to see additional increases in the coming weeks, although pullbacks are considered normal [17] - The unveiling of Vitalik Buterin's ZK-EVM and PeerDAS roadmap is anticipated to strengthen Ethereum's long-term outlook [12]