The final weekend of January 2026 is expected to be relatively calm in crypto markets as geopolitical tensions ease, potentially allowing for clearer directional moves. Analysts have identified several altcoins showing specific technical setups or network activity amidst a broader market phase of compressed volatility and consolidation.
Tezos (XTZ) enters the weekend with a major catalyst as its Tallinn upgrade goes live, aiming to enhance network efficiency, speed, and security. Technical analysis shows Bollinger Bands converging, signaling compressed volatility. A breakout coinciding with the upgrade could push XTZ above resistance levels at $0.59 and $0.62, potentially toward $0.66. Failure to react positively may see it remain range-bound between $0.55 and $0.62. Separately, Tezos was noted for its remarkable governance stability and continued protocol operations even as its price traded in narrow bands.
Seeker (SKR) delivered a volatile performance, surging 335% after launch to set a new all-time high of $0.0597 before correcting 23.6% to trade near $0.0390. Selling transactions currently outweigh buying, and if this persists, SKR could face downside pressure toward the $0.0205 support level. A sentiment shift and renewed buying interest could stabilize the price, with a move above $0.0517 opening the door to retest its high.
Canton (CC) is showing bullish momentum heading into the weekend, with the Money Flow Index indicating strengthening buying pressure. Trading near $0.142, just below the $0.148 resistance, a successful breakout could push CC toward $0.164 and closer to its all-time high of $0.177. Failure to breach resistance may trigger a retreat toward the $0.133 support.
In a broader market context, volatility has contracted across several altcoins, indicating consolidation. Solana (SOL) maintained elevated on-chain activity and stable throughput despite trading within compressed price ranges. LayerZero (ZRO) saw reduced token price volatility while its cross-chain messaging infrastructure remained active. Uniswap (UNI) continued to facilitate significant decentralized exchange volume even as its token price action slowed. SPX6900 (SPX) also traded within constrained levels, maintaining speculative interest. This period of tightened volatility and focused attention on specific assets often precedes a more decisive market move.
