Rain (RAIN), Canton (CC), and Velvet (VELVET) are trading within reach of record territory heading into the weekend. Chart structure, Fibonacci levels, and momentum readings suggest each could print a new all-time high within days.
RAIN sits about 11% under its peak, while CC trades roughly 16% below its February top. VELVET is already in price discovery and set another record earlier today.
RAIN Holds 11% Below Its All-Time High After the $0.011 Breakout
Rain (RAIN) broke above its previous record near $0.011 on May 26 and extended the rally a day later. The move peaked at $0.0148 on May 27, and the token now trades around $0.0132.
The ongoing pullback has a clear downside target. The 0.5 Fibonacci retracement at $0.0108 overlaps the previous all-time high, creating a strong support confluence near $0.011.
A similar structure developed between November 24, 2025, and April 7, 2026. Back then, RAIN bounced from the 0.5 retracement, while a single long wick briefly tagged the 0.786 level. A repeat would allow a short-lived dip to $0.0085 before the uptrend resumes.
The daily Relative Strength Index (RSI) has eased to 63. The reading remains above neutral, which keeps the bullish bias intact.
Fundamentals support the setup. The protocol recently became a top-three prediction market by total value locked after its foundation deployed $100 million in liquidity. Betting activity around this month’s FIFA World Cup could lift volumes through the weekend.
Canton Price Coils Between $0.15 Support and $0.1725 Resistance
Canton (CC) trades near $0.163, around 16% below its February peak of $0.195. The token has spent months inside an ascending parallel channel and has just retested the channel’s midline.
Two levels now frame the next move. Resistance waits at the 0.618 Fibonacci retracement near $0.1725, while support rests in the $0.15 zone just under the 0.382 level at $0.158.
The channel’s upper band currently converges with that $0.1725 barrier. A daily close above it would expose the 0.786 retracement at $0.183 and then the record itself. However, CC already failed near this resistance earlier this year, so confirmation matters.
The daily RSI prints a neutral 59, leaving room for an impulsive leg in either direction.
Institutional demand may decide the outcome. The recent 21Shares ETF listing brought regulated exposure to CC just as network settlement volumes keep climbing.pr
VELVET Price Discovery Points to $2.46, Then $4.27
Velvet (VELVET) has climbed for roughly 10 consecutive daily candles, gaining more than 1,300% in a week. The token trades near $1.72 after setting a record above $1.80 earlier today.
With no price history above, logarithmic Fibonacci extensions offer the only roadmap. VELVET has already cleared the 1.618 extension at $1.14, leaving the 2.0 level at $2.46 as the next target. Above that, the 2.272 extension waits at $4.27.
The daily RSI sits near 99, an extreme overbought reading. The signal reflects historic momentum but also warns that a violent correction could arrive without notice.
Demand stems from the pre-IPO trading theme and Velvet’s integration with Trade.xyz, announced on June 2. If that flow persists, the exponential trend could stretch into the weekend.
Three new records now hinge on RAIN holding $0.011, CC clearing $0.1725, and VELVET extending its vertical run. Failure at any of those levels would turn the weekend into a momentum reset instead.
The post 3 Altcoins That Could Hit New All-Time Highs This Weekend appeared first on BeInCrypto.
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