Altcoins are showing renewed strength as February begins, with select tokens pushing closer to all-time highs. Strong momentum, rising inflows, and favorable technical setups are putting a few names firmly in focus.
Thus, BeInCrypto has analysed three altcoins that could challenge or set new all-time highs in the first week of February.
SponsoredRain (RAIN)
RAIN is trading near $0.0094 at the time of writing, remaining below the $0.0100 resistance level. The altcoin is roughly 11% away from its all-time high of $0.0105. Price compression near resistance suggests growing interest as buyers test upper limits.
Momentum indicators support near-term stability. The Money Flow Index is holding above the neutral line, signaling active buying pressure. Sustained demand reduces the risk of a sharp pullback. This environment gives RAIN room to attempt a move higher and challenge its all-time high.
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Macro structure remains a concern. RAIN is trading within an ascending wedge, a pattern that often precedes pullbacks. A break above the ATH could meet trendline resistance and reverse. Failure to clear $0.0100 may push the price to $0.0090, invalidating the bullish thesis.
SponsoredKite (KITE)
KITE emerged as one of the strongest altcoins this week, gaining 22% and trading near $0.141 at the time of writing. The token is holding above the $0.138 support level. This structure reflects sustained demand and signals continued investor interest following the recent rally.
To reach its $0.163 all-time high, KITE requires a 14.8% advance. A breakout above the $0.150 resistance would confirm bullish continuation. The Chaikin Money Flow remains above zero, showing inflows persist. Even moderating inflows could support further upside in the short term.
Downside risk increases if KITE loses the $0.138 support. Such a move would also break the prevailing uptrend. Dominant outflows could accelerate selling pressure. Under this scenario, KITE may decline toward $0.116, invalidating the bullish thesis and delaying recovery prospects.
Stable (STABLE)
STABLE has emerged as a strong-performing small-cap token this week, gaining 32% over the past seven days. The altcoin is trading near $0.0271 at the time of writing. This advance reflects rising demand and increased visibility as traders rotate toward higher-momentum assets.
During the rally, STABLE set a new all-time high at $0.0325, placing it about 19.9% above current levels. Holding $0.0261 as support is critical. Sustained strength above this zone could allow the price to challenge the ATH and extend the uptrend.
Downside risk remains elevated if holders move to secure profits. A failure to maintain support could stall the rally. Under stronger selling pressure, STABLE may retreat toward $0.0214. Such a move would invalidate the bullish thesis and signal a deeper consolidation phase.
