3 Altcoins To Watch In The Third Week Of February 2026

Altcoin markets remain highly reactive as February enters its third week, with several major tokens approaching critical technical inflection points. While broader sentiment remains fragile, select assets are relying on external developments that could determine their next directional move. 

In line with the same, BeInCrypto has analysed three such altcoins that the investors should watch in the third week of February.

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Arbitrum (ARB)

ARB is trading at $0.1134 following a sustained downtrend from $0.2261, maintaining a clear bearish market structure defined by consecutive lower highs and heavy sell-side pressure. Fibonacci retracement levels mark $0.1255 (0.236) as immediate overhead resistance, with $0.1447 (0.382) acting as the next key supply zone. Momentum remains skewed to the downside.

Near-term support sits at $0.1074, just above the altcoin’s all-time low at $0.0944. A daily close below $0.1074 would likely trigger continuation toward $0.0944. A breakdown beneath that level opens the door to fresh price discovery. CMF at -0.04 reflects ongoing capital outflows and a lack of meaningful accumulation.

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For bulls to shift structure, ARB needs a decisive daily close above $0.1255 to regain short-term control. A confirmed breakout above $0.1447 would signal a broader trend reversal, targeting $0.1758 (0.618). The bearish thesis is invalidated only on strong acceptance above $0.1447; until then, downside risk toward $0.0944 prevails.

Injective (INJ)

INJ is trading at $3.134 after a sharp rejection from $5.924, maintaining a clear bearish market structure defined by lower highs and impulsive sell-side candles. Fibonacci retracement levels place immediate resistance at 0.382 ($3.275) and stronger overhead supply at 0.618 ($3.662). Price remains capped below both levels, keeping short-term momentum tilted to the downside.

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On the downside, 0.236 support at $3.036 is the key level to watch. A daily close below $3.036 would likely trigger continuation toward $2.650. If bearish momentum continues to build, an extension to $2.500 becomes a high-probability move. The 0.98 correlation with BTC adds risk, suggesting INJ is highly likely to mirror any further Bitcoin weakness.

For bulls to regain control, the price must reclaim $3.275 and establish acceptance above that level. A decisive daily close above $3.662 would confirm a structural shift, opening upside targets at $3.937 and $4.287. The bearish thesis is invalidated on a strong close above $3.662; until then, downside continuation toward $2.650 remains the dominant bias.

Bitcoin Cash (BCH)

Another one of the altcoins to watch in February is BCH, which is trading at $558.3 after a strong relief bounce from $423.0, successfully reclaiming the 0.786 Fib at $541.8. Price is now pressing into the 1.0 retracement at $574.1, which stands as immediate overhead resistance. The broader structure suggests recovery from prior distribution, but bulls still need follow-through to confirm a sustained trend reversal.

The 0.786 level at $541.8 now acts as near-term pivot support. A daily close below $541.8 shifts momentum back to the downside, exposing $516.4 (0.618) and then $480.7 (0.382). MFI sits at 57.12, reflecting constructive but not overextended momentum. If sellers regain control, $458.7 (0.236) becomes the next logical downside liquidity target.

For bullish continuation, BCH must secure acceptance above $574.1 on a daily closing basis. A confirmed breakout opens upside extension targets at $609.8 (1.236), $631.8 (1.382), and $649.6 (1.5). The bullish thesis is invalidated on a decisive close below $516.4. The February 17 Bitcoin Cash Toronto meetup will dive deep into BCH’s tech and the major improvements coming with the LAYLA upgrade this May. This could act as a catalyst for recovery.