3 altcoins could reach new all-time highs in January 2026.

Another year is drawing to a close, and hopes for a year of strong growth are spreading among retail investors. While Bitcoin typically leads altcoins upwards, some Token can still carve out their own path thanks to unique factors.

BeInCrypto has analyzed three potential altcoins that have the potential to grow and set new highs in January 2026.

Monero (XMR)

Monero price is currently very close to its historical peak, only about 17.5% below $519. If it surpasses this level, XMR will set a new record. The relative strength suggests that demand remains high, as XMR continues to outperform many other large-cap Capital in the current market cycle .

Monero is benefiting greatly from the surge in interest in privacy-focused cryptocurrencies. This narrative is becoming increasingly solid amid debates about regulation and the growing need for financial security among users. The Chaikin Money Flow indicator reflects a significant influx of investment Capital . These factors could push the price of XMR above $450 and towards the psychological milestone of $500, gradually approaching $519.

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The downside risk remains if investors aggressively take profits before XMR breaks through. If selling pressure increases, XMR could fall to the $417 support zone. If this level is breached, XMR could continue to decline to $387, erasing recent gains and dashing short-term upside expectations.

Midnight (NIGHT)

NIGHT has attracted significant attention thanks to its development platform and leadership team. Developed by Charles Hoskinson – the founder of Cardano– the project benefits from its reputation and long-term vision. This further builds market confidence, giving NIGHT the potential for price appreciation as it gains wider recognition in its early trading phase.

As a newly launched Token , NIGHT is predicted to experience a gradual increase in user base and demand. If it bounces strongly from the $0.075 support level, NIGHT could advance to $0.100. If it breaks through this level, the price could rise to $0.120, equivalent to a 54.1% increase and potentially establishing a new all-time high.

The downside risk depends heavily on the overall market developments as we enter the new year. If the market performs well from the beginning of 2025, NIGHT could maintain its upward momentum. However, if sentiment deteriorates, NIGHT could fall below $0.075. A further decline to $0.060 would negate the upward trend and increase selling pressure.

Ethereum (ETH)

Ethereum remains approximately 66.7% below its all-time high of $4,956, suggesting significant recovery efforts are still underway. A "miracle" price surge at this point is unlikely. Recent price action indicates that ETH needs more real demand and broader market consensus support before a strong breakout can occur.

In August, Ethereum surged rapidly to new highs, but the likelihood of repeating that scenario in the short term is very low. Any recovery will require patience and support from retail investors. Breaking through the psychological threshold of $3,000 is crucial. If successful, ETH could rise to $3,287 and close the gap to its historical peak.

Furthermore, the correlation between Ethereum and Bitcoin will also have a significant impact. If BTC maintains its upward momentum, ETH could very well follow suit and increase in price as well.

However, the risk remains if a price surge doesn't form and BTC declines again on the chart. In that case, Ethereum could continue to trade sideways around $3,000 or experience a slight correction. If prolonged, such weakness would slow the recovery process and delay the possibility of breaking through to higher resistance levels.