3 Promising Altcoins to Watch This January
The cryptocurrency market has experienced its ebbs and flows in recent weeks. While macroeconomic conditions show slight improvement, investors are keeping a close eye on external network developments that may fuel a rebound in specific altcoins. Below, we explore three altcoins demonstrating potential growth as January 2026 comes to a close.
1. Hedera (HBAR): Signs of Recovery Amid Caution
Currently trading at $0.1058, Hedera (HBAR) has been in a three-month downtrend exacerbated by bearish market sentiment. However, recent activity offers a glimmer of hope. The Money Flow Index (MFI) has shown an uptick, indicating increased buying pressure and reduced sell-side activity.
If accumulation persists, HBAR could breach resistance levels at $0.109 and rally further to targets of $0.114 and $0.120. On the flip side, a failure to hold the $0.103 support level could lead to a dip toward $0.099, signaling further downside risk for the token.
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2. RIVER: Riding a Bullish Wave
RIVER has surged by an impressive 198% in just one week, reaching an all-time high of $84. Traders are gravitating toward this high-performing asset amidst renewed optimism in the market. Technical indicators, such as the Parabolic SAR, confirm the strong uptrend.
If momentum continues, RIVER could target the $100 psychological level and potentially extend gains to $115. However, investors should remain cautious, as profit-taking could set in, pushing prices down to the $60 support level or even lower to $36.
For those looking to track market dynamics precisely, apps like CoinMarketCap can help monitor live price trends and insights.
3. US Oil (USOR): A Game-Changer on Solana
Launching next week, US Oil (USOR) is a highly anticipated decentralized on-chain reserve token on the Solana blockchain. It provides digital exposure to physical oil reserves through transparent supply reconciliation. This innovative altcoin has gained attention, especially as 96% of its total supply remains locked.
Amid geopolitical tensions, particularly around U.S. control of Venezuelan oil, USOR appears poised to perform well in late January and early February. Keep an eye on its launch to evaluate potential investing opportunities.
Conclusion
The altcoin market is thriving with activity, and HBAR, RIVER, and USOR are standout tokens to watch as January concludes. While opportunities are promising, remember to perform your due diligence and consider using platforms like Binance or Coinbase for secure trading.
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