3 Altcoins to Watch In The First Week Of February 2026

Altcoins are beginning February with blended alerts as selective tokens present energy regardless of broader market uncertainty. Key community upgrades, distinctive market positioning, and robust technical momentum are shaping short-term alternatives. 

BeInCrypto has analysed three such altcoins to carry on the radar throughout the first week of February.

Zilliqa (ZIL)

Zilliqa is a token to watch as its community prepares for a serious improve this week. The Cancun improve will activate on the mainnet via a tough fork. The replace goals to enhance communication velocity and provide finer-grained management, probably boosting investor curiosity and short-term demand.

ZIL worth could profit if the improve drives a requirement surge. The (*3*) inside a descending channel. A bounce from $0.0039 may happen. A confirmed breakout would require flipping $0.0045 into assist alongside a pointy improve in buying and selling quantity.

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Downside danger stays if broader market situations deteriorate. Under sustained bearish strain, ZIL may break under the channel construction. A drop beneath the $0.0036 stage would invalidate the bullish thesis. Such a transfer would probably prolong losses and delay any restoration try.

Hyperliquid (HYPE)

HYPE has emerged as the one positively performing DEX token over the previous seven days, gaining 34%. The altcoin is trading close to $30.01 on the time of writing. Price stays slightly below the $30.84 resistance, signaling continued energy regardless of broader market weak spot.

A key driver is HYPE’s inverse relationship with Bitcoin. The token reveals a -0.49 correlation with BTC, lowering publicity to Bitcoin-led declines. This decoupling helps unbiased momentum. If demand holds, HYPE may reclaim $34.31 and prolong its restoration pattern.

Downside danger stays if traders shift towards profit-taking. A drop under $26.82 would weaken the market structure. Such a transfer would additionally push HYPE beneath the 50-day EMA. This breakdown may invalidate the bullish thesis and expose the value to a decline towards $23.69.

Canton (CC)

CC stays one of many strongest performers in the crypto market, supported by a sustained uptrend. The altcoin has rallied steadily for 2 weeks, including almost 30% over the previous seven days. This momentum displays constant demand and positions CC as a comparatively protected guess amid broader volatility.

During this era, CC recorded its third consecutive all-time high at $0.195. The token is buying and selling close to $0.184 on the time of writing. The Chaikin Money Flow stays above the zero line, signaling dominant inflows. This setup helps a possible push previous the ATH towards $0.215.

Downside danger emerges provided that investor sentiment shifts towards profit-taking. A lack of the $0.176 assist would weaken the construction. Such a transfer may push CC towards $0.155 and even $0.142. Falling under these ranges would invalidate the bullish thesis and sign pattern exhaustion.

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