Jakarta, Pintu News – The last weekend of the month is expected to be relatively calm as geopolitical tensions ease. With Greenland-related concerns starting to subside, the crypto market may stabilize and find a clearer direction.
Here is an analysis of three altcoins that appear to have the potential for positive movement this weekend, according to a report by BeInCrypto.
Tezos (XTZ) entered the weekend with a big catalyst in sight, namely the launch of the Tallinn update. This update aims to improve network efficiency, speed, and security.
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Protocol upgrades like this often affect price movements in the short term, making Tezos a closely watched asset as traders brace for potential volatility.
Technical indicators support the possibility of a breakout. The narrowing Bollinger Bands indicate compressed volatility. In case of expansion along with the launch of Tallinn, XTZ price could potentially break the $0.59 and $0.62 levels. A successful breakout could push Tezos towards the $0.66 resistance level.

However, this bullish scenario depends on the market reaction. If traders do not respond positively, the price is likely to remain moving within a limited range. Under such conditions, XTZ is likely to continue consolidating between $0.55 to $0.62, reflecting a neutral sentiment despite the protocol update.
The crypto SKR recorded an impressive performance this week with a 335% surge since its launch, reaching a new record high of $0.0597. This rapid rise attracted speculative interest before profit-taking set in.
Such early momentum makes SKR a highly volatile asset, attracting the attention of short-term traders.
After reaching its peak, SKR experienced a correction of 23.6% and is now trading around $0.0390, still above the $0.0385 support level. Selling activity is currently higher than buying activity. If this imbalance continues into the weekend, the downward pressure could intensify and push SKR towards the next support level around $0.0205.

However, a reversal is still possible if market sentiment changes. Re-emerging buying interest could stabilize the price and trigger a reverse rally. If the price manages to return to the $0.0517 level, it will be a strong signal to retest to the previous high and even open up the opportunity to set a new record.
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CC was one of the few altcoins to show bullish momentum ahead of the weekend. The Money Flow Index showed increased buying pressure, signaling rising investor interest.
This accumulation phase indicates that CC may maintain its upward trend as market conditions stabilize and traders shift to assets that exhibit relative strength.
On January 23, CC was trading around $0.142, slightly below the $0.148 resistance level. If it manages to break this level, the price could potentially rise towards $0.164. Such a move would bring CC closer to its all-time record high of $0.177, which is still about 24% above the current price.

However, this bullish outlook is contingent on successfully breaking resistance. If it fails to cross $0.148, selling pressure could reappear. In this scenario, CC prices could retreat to the $0.133 support level, invalidating any potential upside and delaying any chance of approaching record highs.
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*Disclaimer
This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities are subject to high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying and selling Bitcoin and other crypto asset investments are the responsibility of the reader.
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