Altcoins ignore BTC sideways trading! Worldcoin, Canton, Jupiter defy the trend and continue to rise

The Federal Reserve maintains interest rates, leading to market stagnation, but Worldcoin, Canton, and Jupiter are rising against the trend. WLD surged 25% before retracing 5%, RSI at 51 neutral. Canton rose 2%, approaching the $0.1624 resistance level, RSI at 62. Jupiter has gained 16% over three days, encountering resistance at $0.2174.

Worldcoin’s Momentum Weakens After 25% Surge

(Source: Trading View)

As of Thursday’s close, Worldcoin fell 5% after a 25% increase on Wednesday, retreating from the 100-day exponential moving average (EMA) of $0.6503. The downward trend of the 50-day, 100-day, and 200-day EMAs indicates an overall bearish momentum intensifying, but the explosive rally on Wednesday temporarily broke this pattern.

If the price continues to fall below the 50-day moving average of $0.5547, it could open space for a move toward the psychological support at $0.5000. This level is an integer milestone and a support zone tested multiple times previously; losing it could trigger technical selling, with targets possibly down to $0.45 or lower. The Moving Average Convergence Divergence (MACD) histogram has turned positive, indicating the MACD line is crossing above the signal line near zero, suggesting increasing momentum. The expanding histogram also supports an early rebound trend.

Meanwhile, the Relative Strength Index (RSI) is at 51, indicating a neutral stance, reflecting a market balanced after recent volatility. RSI at 51 suggests that buying and selling pressures are roughly equal, with no clear overbought risk or oversold rebound momentum. This neutrality makes Worldcoin’s short-term direction highly dependent on external catalysts; a Bitcoin breakout or significant positive news for WLD could reignite upward movement, while market weakness could lead to a quick decline.

If WLD breaks above the 100-day moving average of $0.6503, the rebound could extend toward the 200-day moving average of $0.8201, representing approximately 30% upside from current levels. However, given the current technical setup, such a breakout appears less likely, and investors should wait for clearer buy signals.

Canton Nearing Breakout, RSI 62 Still Room to Grow

(Source: Trading View)

Canton’s price hovers near the key resistance at $0.1624, coinciding with the high on January 2. As of the report, CC rose 2% on Thursday, continuing Wednesday’s 2% gain. If CC can sustain a breakout and establish a stable daily close above this level, the upward trend could target the R1 pivot point at $0.1855, offering about 14% potential upside from current levels.

The RSI remains around 62, roughly flat, indicating ongoing buying pressure with room to rise before entering overbought territory (70). This is the healthiest technical setup among the three altcoins, as RSI confirms upward momentum without reaching extreme overbought levels, leaving room for further gains.

The MACD and signal line are both above zero, with the histogram expanding in green bars, indicating stable and strengthening bullish momentum. The MACD above zero and expanding is a typical bullish structure, suggesting Canton may have the most breakout potential among the three coins.

Conversely, if Canton falls below the $0.1500 round number, the 50-day moving average at $0.1283 will become a critical support. A break below this level could invalidate the current bullish structure, with prices potentially retreating toward $0.12.

Jupiter Gains 16% Over Three Days, Facing Resistance at 50-Day Line

(Source: Trading View)

Earlier this week, Jupiter’s price increased 16% over three days but faced resistance near the $0.2174 50-day moving average. As of the report, due to the resistance at the 50-day MA, JUP declined nearly 1% on Thursday. The 50-day EMA is a key medium-term trendline; currently, the price is below this moving average, indicating a still bearish medium-term trend.

If the price closes lower on the day, it may fall back toward the psychological level of $0.2000. This level is an integer support and an important previous testing point; losing it could erase most of the recent gains. The MACD indicator has issued a buy signal, with a golden cross where the MACD line crosses above the signal line, a typical trend reversal sign. However, both lines are still below zero, implying the overall trend has not fully turned bullish.

Meanwhile, the RSI is rising above 54, breaking into the positive zone, reflecting renewed buying pressure from the three-day rally. RSI at 54 is slightly stronger than WLD’s 51 but weaker than Canton’s 62, indicating Jupiter’s upward momentum is intermediate. If JUP breaks above the 50-day moving average, resistance in the $0.2240 to $0.2308 range may limit further gains, requiring stronger catalysts to clear these resistance zones.

Comparison of Technicals for the Three Altcoins

Worldcoin: Surged then retraced, RSI 51 neutral, MACD bullish crossover but weakening momentum, risk-reward ratio moderate

Canton: Steady upward, RSI 62 healthiest, MACD strong, most breakout potential

Jupiter: Three-day rally faced resistance, RSI 54 moderate, MACD bullish crossover but below zero, needs to break the 50-day line