In the first days of 2026, the cryptocurrency market has entered a new phase. Altcoins including Monero (XMR), Canton (CC) and Rain (RAIN) have surged, posting strong gains.

On Jan. 12, blockchain media outlet BeInCrypto reported that Monero jumped about 40 percent in the past week to a new high since 2021. Funds moved into Monero amid turmoil in the privacy coin Zcash (ZEC), strengthening the rally. Canton formed a strong technical pattern and rose more than 200 percent at one point, while Rain has extended its uptrend since early January.

Monero stood at $605.30, quickly breaking above the first resistance level at $598. It also rose 10.89 percent over 24 hours, extending a strong rally. On-balance volume (OBV), a trading volume indicator, is showing weakness by failing to keep pace with the price rise, so the possibility of a pullback cannot be ruled out. If a correction breaks the $523 support level, it could slide to $480, while a continuation of the uptrend with a break above $658 could bring another sharp rise.

Canton is extending gains after forming a strong technical structure. As the uptrend gathered pace on Jan. 11, it is increasingly likely to break above resistance at $0.177. If it clears that level, there is room to rise to $0.197 and $0.243. But if support at $0.124 breaks, the uptrend could weaken.

Rain is slowing at resistance of $0.0089, but its structure remains bullish. A break above $0.010 is likely to mark the start of a new uptrend phase. But trading volume indicators are weakening, leaving the possibility of a further correction.

The common thread among the three tokens is that their current prices sit at key technical inflection points that will determine the next trend. Strong buying interest is testing major resistance levels, but if the market fails to decisively break through them, selling on disappointment could trigger a sharp price correction. A strategy of entering after confirming a clear breakout or support line appears more effective than simple momentum chasing.

Ultimately, market attention is focused on whether this 'altcoin trio' can move beyond short-term spikes and take the lead in the 2026 bull market. Whether they break above key resistance levels this time is expected to be a decisive watershed that will shape sentiment across the broader altcoin market.