3 altcoins could reach new ATHs in January 2026

As another year gradually comes to a close, expectations for a strongly growing market in the coming year are spreading widely within the investor community. While Bitcoin often plays a leading role in driving altcoin prices higher, some of them have established their own positions thanks to unique factors.

Coinphoton has analyzed three potential altcoins, forecasting they could achieve remarkable growth and set new highs in January 2026.

Monero (XMR)

Monero is currently trading near its all-time high, only 17.5% below the $519 mark. If it surpasses this threshold, Monero will set a new price record. The relative strength of XMR reflects sustained demand, as this coin consistently outperforms many large-cap cryptocurrencies in the current market cycle.

Monero benefits from the increasing interest in privacy-focused cryptocurrencies. This trend is further reinforced amid ongoing debates about regulations and the rising need for financial security among users. The Chaikin Money Flow indicator shows strong capital inflows into XMR, indicating solid buying pressure. These factors could help XMR break through the $450 and approach the psychological threshold of $500, gradually moving closer to the $519 peak.

XMR Price Analysis | Source: TradingView However, downside risks remain if profit-taking pressure increases before a breakout occurs. In that case, XMR could be pushed below the support zone of $417. If this level is broken, the price could continue declining to $387, erasing recent growth gains and weakening the short-term positive outlook.

Midnight (NIGHT)

Midnight (NIGHT) has attracted strong investor attention thanks to its solid platform and reputable leadership team. Developed by Charles Hoskinson—founder of Cardano—the project enjoys high trust and long-term strategic vision. This connection has strengthened market confidence, laying the groundwork for NIGHT’s price increase as application adoption expands during the initial trading phase.

As a newly launched token, NIGHT is expected to see steady growth in user numbers and market demand. If it maintains the support zone of $0.075, the price of NIGHT could rise to $0.100. A breakout above this level could push NIGHT to $0.120, representing a 54.1% increase and setting a new high.

NIGHT Price Analysis | Source: TradingView NIGHT’s downside risk largely depends on the overall market trend at the beginning of the year. If the market starts 2025 favorably, growth momentum could be sustained. Conversely, if negative sentiment dominates, NIGHT risks falling below $0.075, and if it continues weakening toward $0.060, the bullish outlook will be invalidated, and selling pressure will increase.

Ethereum (ETH)

Ethereum is still trading approximately 66.7% below its all-time high of $4,956, indicating that the recovery process faces many challenges. A strong short-term rally is unlikely in the current context. Recent price movements suggest ETH needs stable support from investors and market consensus before establishing a clear upward trend.

Although ETH experienced a sudden surge in August, the likelihood of repeating this pattern soon is low. The recovery could take several weeks and require continuous support from investors. Breaking the psychological $3,000 level is crucial; if successful, ETH could advance to $3,287, narrowing the gap with its all-time high.

Additionally, the close correlation between Ethereum and Bitcoin will play an important role. If Bitcoin maintains its upward trend, ETH could benefit and increase in value accordingly.

Ethereum Price Analysis | Source: TradingView However, risks remain if upward momentum is not reinforced and Bitcoin declines. In that case, Ethereum may continue to consolidate around the $3,000 level or face a slight correction. Prolonged weakness could severely impact the recovery efforts. This scenario would invalidate the bullish thesis and delay the progression toward higher resistance zones.