Monero is among the top candidates to reach new all-time highs this week, aided by broader capital rotation and turbulence in other privacy-focused coins. XMR has surged roughly 18% in the last day and more than 35% over the past week, with inflows accelerating as attention shifts away from other privacy coins. The price sits just below its previous all-time high near $598, a condition that places it squarely in breakout territory after a January 11 ascending-channel breakout. Yet, a short-term caution is visible as OBV shows bearish divergence, indicating weakening volume even as prices rise.
Canton presents another setup with potential to test all-time highs, underpinned by a clean price structure. The token has gained about 11% in the last 24 hours, while trading roughly 17% below its prior all-time high, keeping it within breakout range. The daily chart shows a bull flag pattern that broke to the upside on January 11, suggesting further upside if momentum continues, with key checkpoints near the prior high and related Fibonacci extensions. Historically, this pattern acts as a launchpad for trend continuation.
Rain rounds out the list of altcoins that could hit all-time highs soon. The token is trading about 5.6% below its all-time high and is down roughly 1% over the past 24 hours, but its seven-day performance remains positive at around 10%. The move traces back to an inverse head-and-shoulders breakout on January 6, driving price discovery toward a new all-time high near $0.010. Momentum has cooled with a dip to roughly $0.0081 followed by a reclaim of $0.0088; a break above $0.0089 would renew the test of the all-time high near $0.010, and further upside would depend on stronger market conditions, with OBV caution suggesting consolidation may be needed.
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