CoinsProbe

Key Takeaways
RIVER has surged over 131% in 7 days and more than 1,400% in 30 days, driven by strong fundamentals and liquidity expansion.Strategic backing and major spot and perpetual listings have pushed RIVER’s trading volume to global top rankings.The 4H chart shows a Bullish Butterfly harmonic pattern, which may lead to a short-term bearish CD leg.
The River (RIVER) token has been one of the standout performers in the crypto market this recently. According to CoinMarketCap data, RIVER is currently trading near $58.79, posting an eye-catching 131% gain over the past 7 days and an even more staggering +1,415% surge over the last 30 days.
Source: Coinmarketcap
This explosive move has pushed its market capitalization to approximately $1.15 billion, firmly placing RIVER among the market’s fastest-rising assets.
What’s Fueling RIVER’s Explosive Rally?
Several strong catalysts have aligned perfectly to drive RIVER’s recent price action.
One of the biggest confidence boosters came from high-profile strategic investments. RIVER secured an $8 million investment led by Justin Sun, the founder of TRON, alongside TRON DAO, with additional backing from well-known players such as Maelstrom (Arthur Hayes’ fund) and Spartan Group. Reports suggest total funding rounds have reached close to $12 million, providing not only capital but strong validation and ecosystem support.
At the same time, exchange listings and liquidity expansion acted as rocket fuel for the rally. RIVER’s spot listing on Coinone, a major South Korean exchange, triggered a surge in retail demand. This was quickly followed by the launch of perpetual and futures trading across top platforms including Binance, OKX, Bybit, HTX, Bitget, and Kraken. As a result, RIVER’s 24-hour perpetual trading volumes exploded into the billions, at times ranking just behind Bitcoin and Ethereum globally.
Could This Pattern Trigger a Break in the Rally?
While momentum remains strong, the 4-hour chart is beginning to flash early caution signals.
$RIVER appears to be forming a Bullish Butterfly harmonic pattern. Despite its bullish name, this structure often involves a bearish CD leg before price reaches the Potential Reversal Zone (PRZ). After completing the X-A-B structure, RIVER faced a rejection near $63.46, which is now shaping up as a potential C point.
River (RIVER) 4H Chart/Coinsprobe (Source: Tradingview)
Currently trading around $58.30, price action suggests the market may be entering the early stages of the CD leg. From here, two key scenarios emerge.
If RIVER manages to reclaim and hold above the A-point near $69.74, the bearish harmonic setup would be invalidated, opening the door for continued upside momentum and renewed trend expansion.
However, failure to hold support could shift the narrative. A break below the 0.382 Fibonacci support near $49.32 would confirm bearish continuation within the pattern. In that case, downside momentum could accelerate, with the first major target aligning near $16.28, corresponding with the 1.0 Fibonacci extension on the chart.
For now, RIVER remains at a critical inflection point — caught between powerful bullish fundamentals and a technical structure that warns the rally may need to cool off before the next major move.
Disclaimer: The views and analysis presented in this article are for informational purposes only and reflect the author’s perspective, not financial advice. Technical patterns and indicators discussed are subject to market volatility and may or may not yield the anticipated results. Investors are advised to exercise caution, conduct independent research, and make decisions aligned with their individual risk tolerance.

The broader cryptocurrency market has seen a mild pullback this week following a strong start to the year. Bitcoin (BTC), which recently rallied above the $95,000 level, has cooled off and is now trading below $89,000, marking a weekly decline of around 7.6%.
While short-term price action reflects profit-taking and consolidation, on-chain activity beneath the surface tells a very different story. Large holders appear to be quietly positioning for the next move, and a familiar fractal structure on the chart is once again starting to stand out.
Source: Coinmarketcap
Large Bitcoin Whales Are Accumulating
According to the latest data from Santiment, large Bitcoin whale wallets are accumulating at an encouraging pace. Wallets holding at least 1,000 BTC have collectively added 104,340 BTC, representing a 1.5% increase in total holdings.
At the same time, the number of $1 million+ BTC transfers has surged back to two-month high levels, signaling increased activity from high-net-worth participants. Historically, rising whale accumulation during market pullbacks has often preceded major trend continuation phases rather than deeper corrections.
Source: @santimentfeed (X)
This steady build-up suggests that large players are using the current dip as an opportunity to strengthen their positions rather than exit the market.
Could This Bullish Fractal Play Out Next?
A fractal chart shared by crypto analyst Javon Marks highlights a repeating structure that closely resembles Bitcoin’s price behavior from late 2023.
Back then, $BTC first broke out of a falling wedge, surged to new highs, faced a temporary rejection, and then entered an ascending channel. That consolidation phase eventually resolved to the upside, triggering another strong rally toward fresh all-time highs.
BTC Fractal Setup/Credits: @JavonTM1 (X)
Currently, Bitcoin appears to be following a similar path. After correcting from its recent all-time high near $126,000 to the $80,000 region, BTC has begun forming an ascending channel, characterized by higher highs and higher lows. This structure closely mirrors the consolidation phase seen before the previous breakout.
What’s Next for BTC?
The combination of rising whale accumulation and this emerging bullish fractal points toward a potentially constructive phase ahead for Bitcoin.
If BTC manages a decisive breakout above the ascending channel, particularly with a sustained move above the $100,000 level, it could confirm the fractal continuation and open the door for a renewed push toward new all-time highs.
Until then, some short-term volatility and consolidation remain possible. However, as long as whales continue accumulating and price holds within the current structure, the broader trend bias remains tilted to the upside.
Disclaimer: The views and analysis presented in this article are for informational purposes only and reflect the author’s perspective, not financial advice. Technical patterns and indicators discussed are subject to market volatility and may or may not yield the anticipated results. Investors are advised to exercise caution, conduct independent research, and make decisions aligned with their individual risk tolerance.

Ethereum (ETH) is currently trading near $2,950, sitting roughly 40% below its all-time high around $4,950. While that gap may appear bearish at first glance, historical market cycles suggest that this type of distance from ATH often occurs during mid-cycle consolidation phases, not at major market tops.
Rather than signaling weakness, ETH’s current structure reflects a market that is resetting, building support, and preparing for its next directional move — a view reinforced by long-term technical patterns and rising on-chain activity.
Source: Coinmarketcap
Fractal Analysis With RSI: A Familiar Market Rhythm
According to the latest chart shared by crypto analyst Javon Marks, Ethereum appears to be following a repeating fractal structure that has emerged multiple times across previous market cycles.
This fractal roadmap highlights a consistent and familiar sequence:
A strong impulsive rallyA prolonged consolidation phaseThe formation of higher lowsA breakout continuation toward new highs
Ethereum (ETH) Fractal Chart/Credits: @JavonTM1 (X)
Each prior occurrence of this structure ultimately resolved to the upside once consolidation matured.
What makes the current setup particularly compelling is the RSI behavior. In previous cycles shown on the chart, Ethereum’s RSI cooled off from overbought levels during consolidation phases before re-expanding upward just ahead of major price advances.
At present, RSI appears to be stabilizing rather than breaking down, suggesting momentum is being recharged instead of exhausted. Historically, this type of RSI structure has aligned more closely with accumulation phases, not distribution — especially when paired with higher-low price action.
On-Chain Confirmation: Network Activity Is Rising
Beyond technicals, Ethereum’s on-chain data adds another layer of confirmation.
The network recently recorded 2.88 million transactions in a single day, marking the highest daily transaction count in Ethereum’s history on January 16. This surge in activity highlights sustained demand for block space, decentralized applications, and settlement — even as price remains range-bound.
Source: etherscan
Historically, periods of rising network usage during sideways price action have often preceded larger directional moves, as utility and participation tend to lead price rather than follow it.
What to Watch Next?
For traders and long-term holders, several key signals stand out:
A clean break above range resistance near $3,550RSI expansion confirming a return of bullish momentumContinued strength in network activity and transaction countsBroader risk-on sentiment across crypto markets
A confirmed breakout above resistance could shift Ethereum from consolidation into a renewed trend phase, while failure to hold key supports near $2,600 may extend the current range.
Final Thoughts
Ethereum’s current price action may feel quiet, but beneath the surface, structure is clearly forming. With $ETH still 40% below ATH, a repeating fractal pattern highlighted by Javon Marks, stabilizing RSI, and record-breaking transaction activity on January 16, the market appears to be building rather than weakening.
As always, fractals are not guarantees. However, when technical structure and on-chain fundamentals align, they provide valuable insight into what could be coming next — and Ethereum’s roadmap suggests the market may be closer to expansion than exhaustion.
Disclaimer: The views and analysis presented in this article are for informational purposes only and reflect the author’s perspective, not financial advice. Technical patterns and indicators discussed are subject to market volatility and may or may not yield the anticipated results. Investors are advised to exercise caution, conduct independent research, and make decisions aligned with their individual risk tolerance.

Hyperliquid’s native token, HYPE, is back in the spotlight today after posting a 8%+ price jump, pushing above the $23.30 level. While the price move itself has caught traders’ attention, a deeper look at on-chain metrics and the daily chart suggests there may be more developing beneath the surface.
Source: Coinmarketcap
Hyperliquid (HYPE) Leads Perp Volume
According to DefiLlama data, Hyperliquid has emerged as the top perpetual futures platform by trading volume over the last 30 days, significantly outperforming its closest competitors. The protocol recorded approximately $160.4 billion in perpetual volume, comfortably ahead of Aster and Lighter, which logged around $124.7 billion and $112.5 billion, respectively.
Source: Defillama
This surge in activity highlights growing trader preference for Hyperliquid’s ecosystem, signaling strong demand, deep liquidity, and sustained engagement. Historically, rising derivatives volume often acts as a leading indicator for increased interest in a project’s native token — something that appears to be playing out in HYPE’s recent price action.
Is More Upside Ahead?
From a technical perspective, HYPE’s daily chart reveals the development of a Bearish Shark harmonic pattern, a well-known formation in technical analysis. While this pattern ultimately suggests a potential reversal once fully completed, it often allows for short-term bullish continuation as price moves toward the “C” point.
Following the completion of the O-X-A-B structure, $HYPE is currently trading around $23.26, holding above its recent lows. The next key challenge for bulls lies at the 50-day moving average near $25.72, which has acted as a dynamic resistance zone.
Hyperliquid (HYPE) Daily Chart/Coinsprobe (Source: Tradingview)
A decisive daily close above the 50-day MA ($25.72) would strengthen the recovery narrative and could open the door for a broader upside move. If momentum continues to build, the chart projects a potential advance toward the C-point near $38.72, aligning with the Shark pattern’s 1.13 Fibonacci extension.
However, downside risks remain. A failure to hold the B-point support zone would invalidate the bullish continuation setup and could expose HYPE to extended consolidation or further downside pressure in the near term.
Bottom Line
HYPE’s price rebound is being backed by strong on-chain fundamentals, with Hyperliquid clearly dominating the perpetual trading landscape. While the broader harmonic structure suggests caution in the longer term, short-term technicals still favor a recovery move as long as key support levels remain intact. All eyes now remain on the $25.72 reclaim, which could act as the trigger for the next leg higher.
Disclaimer: The views and analysis presented in this article are for informational purposes only and reflect the author’s perspective, not financial advice. Technical patterns and indicators discussed are subject to market volatility and may or may not yield the anticipated results. Investors are advised to exercise caution, conduct independent research, and make decisions aligned with their individual risk tolerance.

Gaming-focused crypto tokens are back in the spotlight after Axie Infinity (AXS) posted a sharp rally of over 16% in a single day and more than 246% over the past month, reigniting optimism around the gaming narrative. Riding this renewed momentum, Sandbox (SAND) has also stepped into focus, climbing nearly 45% as overall market sentiment turns constructive.
Beyond the recent price bounce, the technical structure on the chart is starting to tell a bigger story, hinting that SAND may be setting up for a bullish continuation move.
Source: Coinmarketcap
Descending Broadening Wedge Pattern in Play
On the daily timeframe, SAND is trading within a descending broadening wedge — a bullish reversal pattern that often develops during corrective phases before a trend shift. This structure reflects increasing volatility, with price gradually compressing while buyers quietly regain control.
During the latest pullback, SAND successfully retested the lower boundary of the wedge near the $0.11 zone, an area that has repeatedly acted as strong demand. Buyers stepped in aggressively at this level, triggering a rebound that pushed price toward $0.1711, placing SAND right near the wedge’s upper resistance trendline.
Sandbox (SAND) Daily Chart/Coinsprobe (Source: Tradingview)
The steady rise toward this upper boundary suggests growing bullish momentum and increasing breakout pressure.
What’s Next for SAND?
If buyers manage to push $SAND above the upper wedge resistance near $0.1711, it would confirm a bullish breakout from the pattern. In that scenario, the chart opens the door for a move toward the $0.2849 target, which aligns with the measured move of the wedge and represents roughly 73% upside from current levels.
However, if price faces rejection at resistance, SAND could continue consolidating within the wedge structure. In that case, the $0.13–$0.14 region will act as an important short-term support zone to watch.
Bottom Line
SAND’s overall technical structure remains constructive. With a bullish descending broadening wedge in play, buyers defending key support, and gaming tokens gaining renewed attention, Sandbox appears to be positioning for a potential breakout. A confirmed move above resistance could mark the beginning of a stronger upside phase in the sessions ahead.
Disclaimer: The views and analysis presented in this article are for informational purposes only and reflect the author’s perspective, not financial advice. Technical patterns and indicators discussed are subject to market volatility and may or may not yield the anticipated results. Investors are advised to exercise caution, conduct independent research, and make decisions aligned with their individual risk tolerance.

PUMP, the native token of the Pump.fun launchpad, is under short-term pressure, slipping nearly 6% today and extending its weekly decline to around 17%. While price action may look weak on the surface, a closer look at on-chain data and the daily chart reveals a more interesting story unfolding beneath the pullback.
Source: Coinmarketcap
Notably, smart money activity and a bullish chart structure are beginning to align, raising the possibility that the recent dip could be part of a larger accumulation phase rather than a trend breakdown.
Smart Whale Adds More PUMP to Holdings
According to the latest data shared by @OnchainLens, a smart whale has once again increased exposure to PUMP. The whale recently withdrew an additional 1.34 billion PUMP tokens, worth approximately $3.31 million, from OKX.
What makes this wallet particularly notable is its past timing. On December 29, the same whale accumulated 1.46 billion PUMP tokens, worth $2.74 million near the local bottom, a move that preceded a strong upside rally. Since that accumulation, PUMP surged by nearly 38%, validating the whale’s positioning.
Source: @OnchainLens (X)
With this latest withdrawal, the whale now holds a total of 2.8 billion PUMP, valued at roughly $6.92 million, reinforcing the idea that large players continue to see value at current levels despite recent weakness.
What Could This Signal?
The last time this whale accumulated , the token went on to post a strong upside move, rallying to a local high near $0.0031 before facing rejection at the 100-day moving average. Now, price is once again hovering around the rounding base support, a zone that has historically acted as a launchpad for rebounds.
Daily Chart/Coinsprobe (Source: Tradingview)
If buying momentum builds from this area, a successful reclaim of the 100-day MA near $0.003027 could open the door for a move toward the rounding bottom neckline resistance around $0.005475.
Until a clear breakout occurs, however, sideways consolidation or shallow pullbacks remain possible as price continues to react around the 100-day moving average.
Bottom Line
While PUMP’s short-term price action remains under pressure, smart whale accumulation combined with a developing rounding bottom pattern suggests the token may be quietly preparing for its next move. If bulls manage to reclaim key resistance levels, the recent dip could ultimately prove to be an accumulation opportunity rather than a trend failure.
For now, all eyes remain on how price reacts around the 100-day moving average and neckline resistance, as these levels will likely define PUMP’s next major direction.
Disclaimer: The views and analysis presented in this article are for informational purposes only and reflect the author’s perspective, not financial advice. Technical patterns and indicators discussed are subject to market volatility and may or may not yield the anticipated results. Investors are advised to exercise caution, conduct independent research, and make decisions aligned with their individual risk tolerance.

Cronos (CRO), the native token of the Crypto.com ecosystem, has stepped back into the spotlight this week as on-chain data reveals a sharp surge in whale activity, while the price chart itself is beginning to hint at a potential technical reaction ahead.
Cronos (CRO) Sees Huge Increase in Whale Activity
According to the latest data from Santiment, Cronos has recorded one of the largest week-over-week increases in whale transactions across the crypto market.
In the past 7 days, $100,000+ CRO transactions surged by over 1,100%, making Cronos the top-ranked project in terms of weekly whale activity growth. This spike significantly outpaced other large-cap tokens, with even Bitget Token (BGB) — ranked second — showing a comparatively smaller increase.
Source: @santimentfeed
Such a sharp jump in whale activity often signals renewed interest from large holders, whether for accumulation, strategic positioning, or preparation ahead of a volatility expansion. While whale activity alone does not guarantee an immediate price rally, it frequently precedes key market moves, especially when aligned with technical structures on the chart.
What Could Come Next for $CRO?
Looking at the daily timeframe, CRO appears to be forming a descending triangle pattern, a structure that typically develops during periods of consolidation after a strong trend.
Price action shows CRO repeatedly making lower highs along a descending trendline, while buyers continue to defend a relatively flat support zone near $0.08833. This compression between sellers and buyers suggests that a decisive move may be building as volatility tightens.
Cronos (CRO) Daily Chart/Coinsprobe (Source: Tradingview)
If the pattern continues to play out, the current support region could once again act as a launchpad, pushing CRO toward the upper boundary of the triangle near the $0.105–$0.107 zone. From there, a pullback toward support would complete the classic triangle structure before a clearer directional move emerges.
A confirmed daily close above the descending trendline would invalidate the bearish pressure and shift momentum in favor of bulls, potentially opening the door for a stronger recovery move.
On the flip side, failure to hold the $0.088 support would weaken the structure and could expose CRO to deeper downside before any sustainable reversal attempt.
Bottom Line
The combination of explosive whale activity and a tightening technical structure puts Cronos at an important inflection point. While price remains range-bound for now, large players appear to be increasingly active behind the scenes.
If CRO can defend its key support and break above descending resistance, the current setup may evolve into a meaningful upside move. Until then, traders should closely monitor how price reacts around the $0.088 support zone, as the next breakout — or breakdown — is likely to define CRO’s near-term direction.
Disclaimer: The views and analysis presented in this article are for informational purposes only and reflect the author’s perspective, not financial advice. Technical patterns and indicators discussed are subject to market volatility and may or may not yield the anticipated results. Investors are advised to exercise caution, conduct independent research, and make decisions aligned with their individual risk tolerance.

In the crypto market today, World Liberty Financial (WLFI) is came ahead with a fresh surge, climbing about 4.30% in the last 24 hours to trade around $0.1737, while posting an impressive +30.48% gain over the past 30 days. Backed by the Trump family and boasting a market cap exceeding $4.6 billion, continues to capture attention as its ecosystem—centered on the USD1 stablecoin—expands rapidly through real-world integrations and partnerships.
Source: Coinmarketcap
Major Partnership with Spacecoin
The latest catalyst is a strategic tie-up with satellite internet startup Spacecoin, featuring a mutual token swap that merges decentralized finance with global connectivity. Spacecoin recently launched three satellites aimed at providing permissionless internet in underserved areas. World Liberty Financial plans to use its $3 billion USD1 stablecoin for payments on the network.
Co-founder Zach Witkoff celebrated the news online, calling it “all aboard the space ship,” while the deal positions Spacecoin’s token as the first USD1 pair on Binance Alpha, aiming to bring financial tools to billions without reliable internet access.
Source: medium
Teaser for Something Big
In another tweet earlier today, WLFI posted:“Something massive is arriving for the WLFI ecosystem.A new moment for USD1 holders.JAN 23. Turn your notifications on.”
With the date matching today (January 23, 2026), the community is on high alert for what could be another major reveal—potentially more utility for USD1, rewards, or ecosystem expansions.
Technical Outlook
On the 4-hour chart (Kraken data via TradingView), WLFI appears to be consolidating within a symmetrical broadening wedge pattern. The recent bounce from the lower support trendline near $0.1508 has pushed the price up to current levels around $0.1737–$0.1740.
World Liberty Financial (WLFI) 4H Chart/Coinsprobe (Source: Tradingview)
If the pattern continues to play out, WLFI could test the upper boundary of the wedge near $0.2000. A breakout above this level would be bullish, while rejection could lead to a pullback toward lower supports. For now, the bias remains neutral, but momentum leans upside if the positive news flow persists.
Looking Ahead
With ongoing developments like the recent launch of World Liberty Markets (a DeFi lending/borrowing platform on Dolomite using USD1), upcoming RWA product rollouts, and this innovative Spacecoin collaboration bridging connectivity and finance, WLFI is showing real utility beyond hype.Will it break through to new highs, or consolidate further? The $0.20 level will be key to watch, along with whatever announcement drops today.
Disclaimer: The views and analysis presented in this article are for informational purposes only and reflect the author’s perspective, not financial advice. Technical patterns and indicators discussed are subject to market volatility and may or may not yield the anticipated results. Investors are advised to exercise caution, conduct independent research, and make decisions aligned with their individual risk tolerance.

Sky (SKY), the native governance and utility token of the Sky Protocol (formerly MakerDAO), has stepped into the spotlight after posting a strong daily move of over 8%, accompanied by a sharp 35% surge in trading volume. While the short-term momentum is drawing attention, the more compelling story is unfolding on the higher timeframe chart.
Source: Coinmarketcap
Price action is now forming a classic bullish reversal structure — one that often signals the transition from prolonged weakness into a new recovery phase.
Rounding Bottom Pattern Signals Trend Shift
On the daily timeframe, SKY appears to be completing a rounding bottom formation, a well-known bullish reversal pattern that typically develops after extended downtrends. This structure reflects a gradual shift in market psychology, where persistent selling pressure slowly fades and long-term accumulation begins to dominate.
Earlier in the trend, SKY faced repeated rejection near the $0.0778 neckline resistance, which triggered a steep sell-off. That decline ultimately bottomed near $0.0419, marking a critical demand zone where buyers aggressively stepped in and prevented further downside.
Since establishing this low, price action has steadily curved higher, forming a smooth rounded base. This gradual recovery — rather than a sharp V-shaped bounce — suggests healthier accumulation rather than short-term speculation.
Daily Chart/Coinsprobe (Source: Tradingview)
Breakout Zone Comes Into Focus
Recent price action shows $SKY reclaiming the $0.06933 region, a level that previously acted as resistance. This move strengthens the bullish structure and signals that buyers are gaining confidence ahead of a potential neckline test.
The key level to watch now is the $0.0778 resistance zone. A decisive daily close above this level would confirm the rounding bottom breakout and mark a clear shift in trend structure. Ideally, a breakout followed by a successful retest of this zone as support would further validate the bullish case.
Upside Projection and Risk Outlook
Based on the depth of the rounding bottom, the measured upside projection points toward the $0.11 region. Reaching this target would represent a potential 60–65% upside from current levels, aligning well with historical behavior of similar reversal patterns.
That said, patience remains important. Before any confirmed breakout, SKY could still experience short-term pullbacks or consolidation near the rising curve of the pattern. Such moves would not invalidate the bullish setup, as long as price continues to hold above recent higher lows.
A breakdown below the rounding base would weaken the structure, but for now, momentum favors the bulls.
Bottom Line
SKY is showing clear signs of a trend reversal in progress, with a rounding bottom pattern taking shape on the daily chart. Rising volume, improving structure, and a steady recovery toward neckline resistance all suggest that accumulation is underway.
If SKY can break and hold above $0.0778, the path opens toward the $0.11 region, signaling a broader bullish continuation. Until then, consolidation and minor pullbacks remain possible — but the overall structure is one that traders will be watching closely.
Disclaimer: The views and analysis presented in this article are for informational purposes only and reflect the author’s perspective, not financial advice. Technical patterns and indicators discussed are subject to market volatility and may or may not yield the anticipated results. Investors are advised to exercise caution, conduct independent research, and make decisions aligned with their individual risk tolerance.

Key Takeaways
Pi App Studio now lets non-technical Pioneers add Pi payments easily via AI prompts using Test-Pi for single-session transactions, paving the way for future Mainnet monetization.A creator event rewards the first 1,000 thoughtful survey responses with 5 Pi credits redeemable in App Studio, while gathering feedback to improve the platform.Ad-supported deployments allow publishing app iterations without spending Pi when balances are below 0.25 Pi, making creation more accessible during this experimental phase.
Pi Network is building momentum in the new year with fresh enhancements to Pi App Studio, its no-code/low-code platform that empowers Pioneers to develop custom apps directly in the Pi Browser. The update, announced on January 21 via the official blog, introduces a rewarding creator feedback event, simplified Pi payments integration for non-technical users, and an ad-supported deployment option to broaden access.
These tools arrive amid ongoing ecosystem progress, including the January 9 release of a developer library that cut Pi payment integration time to under 10 minutes for pros—setting the stage for today’s non-coder-friendly version. The focus remains on expanding real-world Pi utility, fostering community innovation, and lowering barriers for the platform’s tens of millions of users.
Today’s App Studio upgrades extend those gains by making payment features accessible via simple AI prompts, initially using Test-Pi tokens for safe testing.
Community Creator Event Rewards Feedback
A new creator event invites Pioneers to share insights on the most valuable apps built or discovered in App Studio. Users access a short survey through a banner in the Pi Browser interface, recommending useful tools and offering suggestions.
The first 1,000 thoughtful, original responses qualify for 5 Pi credits, redeemable only in App Studio for app generation, AI customizations, iterations, and related features. This reward system reduces creation costs and fuels platform improvements based on direct community input.
Source: minepi.com
Simplified Pi Payments Without Coding Expertise
Non-developers can now embed Pi payments effortlessly. Start a new custom app in the Pi Browser’s App Studio, select “Customize App With Pi AI,” and include “Pi payment” in the prompt to activate guided integration.
Currently limited to Test-Pi and single-session transactions—like one-time purchases, feature unlocks, or in-app tasks—the setup provides a foundation for future Mainnet support, persistent purchases, and creator earnings. This democratizes monetization, enabling everyday Pioneers to build functional marketplaces, games, or services powered by Pi.
Source: minepi.com
Ad-Supported Deployments for Greater Accessibility
For users with low balances or pending Mainnet migration, an experimental ad-supported path covers iteration deployment costs. When App Studio holds under 0.25 Pi, short ads subsidize server, API, and generation expenses—no Pi required.
This temporary measure boosts experimentation while curbing spam, though ad revenue falls short of full infrastructure costs and the feature may evolve or end based on viability.
Source: minepi.com
Current Market Context
As of January 22, 2026, Pi (PI) trades at approximately $0.1876 USD, reflecting a 2.90% increase over the past 24 hours according to CoinMarketCap data. The token holds a market cap around $1.57 billion (circulating supply ~8.38 billion PI out of 100 billion max), with 24-hour trading volume near $16 million. Price action remains range-bound in recent weeks, influenced by unlock-related supply and ecosystem developments.
Source: Coinmarketcap
These App Studio features complement the network’s push toward decentralized governance, with a major community vote among 15.8+ million Mainnet Pioneers starting today (January 22) on upgrades related to speed, security, and openness.
Pioneers can engage immediately: launch the Pi Browser, visit Pi App Studio, join the survey via the banner, and test payment prompts or ad-backed publishing.
Full details: Pi App Studio Expands App Utilities in 2026.
Disclaimer: The views and analysis presented in this article are for informational purposes only and reflect the author’s perspective, not financial advice. Technical patterns and indicators discussed are subject to market volatility and may or may not yield the anticipated results. Investors are advised to exercise caution, conduct independent research, and make decisions aligned with their individual risk tolerance.

Bitget Token (BGB), the native utility token of the Bitget exchange, has quietly held its ground over the past couple of months despite ongoing volatility across the broader crypto market. While price action has remained relatively muted on the surface, the higher-timeframe chart is now starting to tell a much more interesting story.
A closer look at the weekly structure suggests that BGB may be nearing the end of a prolonged corrective phase — and could be positioning itself for a meaningful trend reversal if key levels are reclaimed.
Source: Coinmarketcap
Weekly Chart Reveals a Power of 3 (PO3) Structure
On the weekly timeframe, BGB appears to be forming a classic Power of 3 (PO3) pattern — a structure often observed around major market turning points. This pattern unfolds in three distinct phases: accumulation, manipulation, and expansion, with the strongest move typically emerging during the final phase.
Accumulation Phase
Between February and November 2025, BGB traded within a well-defined sideways range. Price repeatedly faced rejection near the $5.78 resistance zone, while buyers consistently stepped in around the $3.91 support level.
This extended period of consolidation reflects a classic accumulation phase, where long-term participants build positions quietly while volatility compresses and momentum fades. Such structures often form before larger directional moves.
Manipulation Phase:
In November 2025, broader market weakness triggered a sharp downside move across altcoins — and BGB was no exception. Price briefly broke below the $3.91 support, sliding toward a local low near $3.33.
This breakdown aligns closely with the manipulation phase of the Power of 3 setup. During this stage, stop-losses are flushed, sentiment turns decisively bearish, and weaker hands are forced out of the market. Importantly, selling pressure began to fade near these lower levels, hinting that the move may have been more of a liquidity grab than a true trend breakdown.
Bitget Token (BGB) Weekly Chart/Coinsprobe (Source: Tradingview)
Currently, BGB is trading around $3.67, stabilizing after the shakeout — a potential early signal that downside momentum is weakening.
What Comes Next for BGB?
At this stage, BGB remains at a critical inflection point. The $3.91 level now acts as the most important threshold to watch. Reclaiming this zone would signal that price has successfully re-entered the prior accumulation range.
Beyond that, the 50-week moving average near $4.45 represents the next technical hurdle. A sustained move above this level would strongly suggest a transition into the expansion phase of the Power of 3 structure — where upside momentum typically accelerates.
If bullish momentum continues to build, a breakout above $5.78 could unlock a much larger move. Based on the weekly structure, the chart projection points toward a potential upside target near $8.23 over the coming months.
Risk Factors to Watch
While the setup is constructive, it remains conditional. As long as BGB trades below $3.91, volatility and further consolidation cannot be ruled out. A failure to hold recent lows could delay the bullish scenario and keep price trapped in a broader range.
For now, bulls will want to see strong acceptance above reclaimed resistance levels before confidence in a full trend reversal grows.
Disclaimer: The views and analysis presented in this article are for informational purposes only and reflect the author’s perspective, not financial advice. Technical patterns and indicators discussed are subject to market volatility and may or may not yield the anticipated results. Investors are advised to exercise caution, conduct independent research, and make decisions aligned with their individual risk tolerance.

Axie Infinity (AXS), the token behind the popular blockchain-based gaming ecosystem, has delivered a stunning comeback. Over the past 30 days, AXS has surged by nearly 204%, with price now hovering around the $2.50–$2.55 region. The rally has been especially aggressive in recent sessions, with gains of over 122% in the last week alone and an additional 7–8% move in the past 24 hours, backed by a clear rise in trading volume.
Beyond the short-term excitement, this move is gaining credibility as fundamental changes and long-term technical structures begin to align, suggesting that $AXS may not just be experiencing a temporary bounce—but potentially the early stages of a much larger trend shift.
Source: Coinmarketcap
Reward System Overhaul Sparks Renewed Interest
One of the biggest catalysts behind the recent rally is Axie Infinity co-founder Jeff Zirlin’ major reward system update, announced in mid-January 2026. The update introduces a meaningful shift in how rewards are distributed and sold within the Axie ecosystem.
Key changes include the transition of in-game AXS rewards into bAXS, a non-tradable application token backed 1:1 by AXS. This new system ties rewards more closely to gameplay and staking activity while incorporating Axie Score and player reputation, meaning higher-quality players face lower selling fees. The objective is clear: reduce bot farming, limit speculative dumping, and reward genuine long-term participants.
Additional changes, such as halting SLP emissions in certain modes and broader tokenomic reforms planned for 2026, further strengthen the narrative that Axie Infinity is attempting to reset its economic model after years of inflationary pressure.
Long-Term Chart Signals a Potential Trend Reversal
From a technical perspective, the weekly AXS/USD chart paints an interesting picture. Since its peak during the 2021–2022 bull market, AXS has been locked inside a large falling wedge pattern—a structure that often precedes bullish reversals when price begins compressing near the lower boundary.
As shown on the chart, AXS has repeatedly respected both the upper and lower descending trendlines, forming a series of lower highs and lower lows over multiple years. Importantly, price is once again trading near the lower half of the wedge, a zone that has historically triggered sharp relief rallies and failed breakdown attempts.
Axie Infinity (AXS) Weekly Chart/Coinsprobe (Source: Tradingview)
At present, AXS is consolidating just below the $2.90–$2.92 resistance zone, marked in red on the chart. Previous attempts to reclaim this area resulted in strong upside reactions, pushing price back toward the upper wedge boundary—an observation that closely mirrors current price behavior.
What’s Next for AXS?
For the bullish scenario to gain traction, AXS must decisively reclaim the $2.92 resistance level. A clean breakout above this zone would open the path toward the upper boundary of the falling wedge, setting the stage for a potential macro breakout that could shift long-term sentiment decisively bullish.
Until that level is cleared, some consolidation or short-term pullbacks remain possible. However, as long as price continues to hold above the wedge’s lower trendline and maintains higher lows, the broader structure remains constructive.
In simple terms, AXS is approaching a decision point. A confirmed breakout above resistance could trigger a powerful continuation rally, while failure to do so would likely result in more sideways accumulation. For now, all eyes remain on the $2.92 level as traders wait to see whether Axie Infinity is ready to turn this explosive recovery into a sustained bullish breakout.
Disclaimer: The views and analysis presented in this article are for informational purposes only and reflect the author’s perspective, not financial advice. Technical patterns and indicators discussed are subject to market volatility and may or may not yield the anticipated results. Investors are advised to exercise caution, conduct independent research, and make decisions aligned with their individual risk tolerance.

The crypto market has turned green in today, largely driven by easing geopolitical tensions after U.S. President Donald Trump stepped back from Greenland-related tariff threats following a productive meeting. This de-escalation sparked a risk-on mood across global markets, helping Bitcoin regain strength and lifting sentiment across altcoins.
Amid this recovery, Pump.fun (PUMP) has quietly begun to stand out. While the token is up nearly 5% on the day, the more compelling story lies beneath the surface — where strong fundamentals and a improving technical structure are starting to align, hinting that a larger move could be forming.
Source: Coinmarketcap
Strong On-Chain Metrics Support the Case
Beyond short-term price fluctuations, Pump.fun’s on-chain performance remains a major positive. According to DefiLlama, Pump.fun ranked as the fourth-highest revenue-generating crypto protocol over the past 30 days, pulling in approximately $38.28 million in fees.
Source: Defillama
This places the platform ahead of major networks like Tron, and just behind heavyweights such as Tether, Circle, and Hyperliquid. Consistent fee generation at this scale reflects sustained user activity, strong demand for the protocol, and growing relevance within the broader crypto ecosystem — factors that often act as early signals ahead of longer-term price expansions.
Rounding Bottom Formation Takes Shape
From a technical perspective, the daily chart paints an increasingly constructive picture. $PUMP appears to be forming a classic rounding bottom pattern, a bullish reversal structure that typically develops after a prolonged downtrend.
This pattern represents a gradual shift in market psychology. Instead of sharp V-shaped reversals driven by panic buying, rounding bottoms reflect steady accumulation, where selling pressure fades slowly and buyers begin to step in with increasing confidence.
Back in late October, PUMP faced heavy rejection near the $0.005475 neckline, triggering a sharp sell-off that extended for several weeks. That decline ultimately found a floor around $0.00170, a level that has since acted as a strong demand zone. Multiple defenses of this area prevented further downside, allowing the base of the rounding structure to form.
Daily Chart/Coinsprobe (Source: Tradingview)
Since then, price action has begun to curve higher in a smooth arc — a key hallmark of a healthy bottoming process. The recent reclaim of the $0.0026 area further reinforces the idea that accumulation is underway and that market participants may be positioning ahead of a broader breakout.
What’s Next for PUMP?
For the bullish structure to gain stronger confirmation, PUMP needs to reclaim the 100-day moving average, currently sitting near $0.00304. A sustained close above this level would mark a clear shift in short-term momentum and signal that buyers are regaining control after months of corrective price action.
Looking further ahead, the most critical resistance remains the neckline near $0.005475. A decisive breakout above this zone would validate the entire rounding bottom formation and could open the door to a much broader bullish expansion. Such a move would likely attract momentum traders who have stayed on the sidelines during the prolonged downtrend.
Until then, some consolidation or minor pullbacks are possible, especially as price interacts with the 100-day moving average. However, as long as higher lows continue to form and the rounded base remains intact, the broader bullish structure stays valid.
Bottom Line
Pump.fun (PUMP) is quietly building a compelling recovery setup. Strong protocol revenues, combined with a textbook rounding bottom pattern on the daily chart, suggest that downside pressure may be fading and accumulation is taking place. While confirmation still hinges on reclaiming key resistance levels, the overall structure points toward increasing upside potential if broader market conditions remain supportive.
For now, PUMP looks less like a fading meme token — and more like a project preparing for its next meaningful move.
Disclaimer: The views and analysis presented in this article are for informational purposes only and reflect the author’s perspective, not financial advice. Technical patterns and indicators discussed are subject to market volatility and may or may not yield the anticipated results. Investors are advised to exercise caution, conduct independent research, and make decisions aligned with their individual risk tolerance.

The cryptocurrency market remains under notable selling pressure as the total crypto market capitalization slipped 1.79% over the past 24 hours. This broader pullback triggered heightened volatility across digital assets, leading to more than $807 million in liquidations, with long positions bearing the brunt of the losses.
This wave of downside pressure has spilled into major altcoins, including Avalanche (AVAX). The token is trading slightly in the red and has dropped over 16% in the past seven days. However, beyond the red candles, AVAX’s chart is beginning to reveal a technical structure that suggests downside momentum may be weakening — and a rebound could be forming.
Source: Coinmarketcap
Harmonic Pattern Hints at Potential Upside
On the 4-hour timeframe, $AVAX appears to be completing a Bullish Shark harmonic pattern, a formation that often emerges near market lows when selling pressure becomes exhausted. This pattern typically signals a potential trend reversal once its final leg forms within a defined demand zone.
The structure began with the initial O–X impulse around the $12.22 area, followed by a sharp rally that peaked near $14.83 at point X. Price then retraced aggressively toward point A before making another push higher to form point B near $14.94. That move, however, failed to sustain, triggering the current corrective leg.
Avalanche (AVAX) 4H Chart/Coinsprobe (Source: Tradingview)
AVAX has since slid steadily lower, with price now hovering near $11.88, a level that could represent the C-point completion of the Shark pattern. This zone is technically important, as it’s where buyers often step in if the pattern is to play out bullishly.
What’s Next for AVAX?
If this harmonic structure continues to unfold as expected, AVAX could be positioning for a rebound from current levels. The first key upside level to watch sits around $13.39, which aligns closely with the prior A-point of the formation and serves as a near-term recovery target.
A stronger bullish follow-through could eventually bring the $14.94 region back into focus — the B-leg high and a significant resistance zone where sellers previously stepped in.
That said, the bullish outlook remains conditional. A sustained breakdown below the $11.88 support zone would invalidate the Shark pattern and shift momentum back in favor of the bears, opening the door for further downside continuation.
Bottom Line
AVAX may still be under pressure, but the emerging Bullish Shark harmonic pattern suggests selling momentum could be nearing exhaustion. As long as price holds above the current support zone, the setup favors a short-term rebound toward $13.39 and potentially $14.94. However, confirmation will depend on buyer response at current levels — making the next few sessions critical for Avalanche’s near-term direction.
Disclaimer: The views and analysis presented in this article are for informational purposes only and reflect the author’s perspective, not financial advice. Technical patterns and indicators discussed are subject to market volatility and may or may not yield the anticipated results. Investors are advised to exercise caution, conduct independent research, and make decisions aligned with their individual risk tolerance.

Canton Coin (CC), the native utility token of the Canton Network — a privacy-enabled public Layer-1 blockchain — is quietly stepping into the spotlight. While the broader crypto market remains under pressure, $CC is flashing relative strength, posting an impressive 13% daily gain and standing out among largely red charts.
Beyond the price jump, what’s drawing attention is the technical structure forming on the daily timeframe, which now suggests that CC may be entering the early stages of a larger bullish move.
Source: Coinmarketcap
Cup and Handle Breakout Signals Trend Shift
On the daily chart, Canton has completed a textbook Cup and Handle formation, a bullish reversal pattern that often marks the transition from accumulation into trend continuation.
The “cup” portion of the pattern began forming in November, following a sharp rejection from the $0.1586–$0.1685 resistance zone. Price then sold off aggressively, eventually bottoming near $0.062, before gradually rounding out — a sign that selling pressure was fading and buyers were slowly regaining control.
After the rounded base was established, CC entered the “handle” phase, characterized by a short-term downward channel and lower volatility. This phase typically shakes out weak hands before the next move higher.
Canton (CC) Daily Chart/Coinsprobe (Source: Tradingview)
That breakout has now arrived.
Price has pushed decisively above the handle resistance near $0.1413, signaling renewed bullish momentum and offering an early indication that the broader pattern may be resolving to the upside.
Momentum Builds Despite Market Weakness
What makes this breakout more notable is the context. CC is advancing while the broader market remains cautious, suggesting relative strength and selective accumulation rather than a purely market-driven bounce.
As long as price holds above the former handle resistance, the breakout structure remains intact and favors continuation rather than immediate rejection.
What Could Come Next for CC?
With the handle breakout done, attention now shifts to the neckline resistance zone between $0.1586 and $0.1685. This area previously acted as strong supply and will likely be the next major test for bulls.
A successful breakout and daily close above this zone would confirm the Cup and Handle pattern and potentially unlock a measured move toward the $0.275 area, based on the depth of the cup formation.
Until that happens, CC may pause or consolidate near current levels, but the overall structure continues to lean bullish as long as price remains above the breakout zone.
For now, Canton Coin appears to be transitioning from accumulation into expansion — and if momentum continues to build, CC could be setting up for a much larger move in the sessions ahead.
Disclaimer: The views and analysis presented in this article are for informational purposes only and reflect the author’s perspective, not financial advice. Technical patterns and indicators discussed are subject to market volatility and may or may not yield the anticipated results. Investors are advised to exercise caution, conduct independent research, and make decisions aligned with their individual risk tolerance.

Hyperliquid’s native token, HYPE, remains under sustained selling pressure as bearish momentum continues to dominate short-term price action. As of January 21, HYPE is trading nearly 9% lower on the day, extending its weekly decline to over 19%. The token is currently hovering around the $20.65 region, an area that is quickly becoming a decisive technical battleground.
While the chart reflects heavy downside pressure, a mix of aggressive supply reduction, strategic buying, and an emerging harmonic structure is raising the question: Is a rebound quietly setting up beneath the surface?
Source: Coinmarketcap
Burn and Buying Add a Contrarian Signal
Despite the ongoing price weakness, on-chain activity tells a more nuanced story.
As of January 21, Hyperliquid’s assistance fund burned 39 million $HYPE tokens, permanently removing roughly 3.9% of the maximum supply from circulation. At the same time, notable buyers stepped in during the sell-off.
Source: hypeburn
Arthur Hayes reportedly purchased 19,000 HYPEThe assistance fund itself continues to buy aggressively, paying prices over 50% higher than current market levels
This combination of sustained burning and dip-buying suggests growing long-term conviction, even as short-term sentiment remains fragile.
Could This Emerging Pattern Trigger a Rebound?
From a technical perspective, the daily chart shows HYPE entering the early stages of a bearish Shark harmonic pattern.
After completing the O-X-A leg, price rolled over and is now pressing toward the projected B-point support zone between $19.22 and $19.55. This area is highlighted on the chart as a historically reactive demand zone and could mark a potential exhaustion point for sellers.
Hyperliquid (HYPE) Daily Chart/Coinsprobe (Source: Tradingview)
If buyers step in around this support and price begins to stabilize, the next key technical hurdle would be a reclaim of the 50-day moving average near $26.39. A decisive move back above this level would strengthen the rebound thesis and open the door for a recovery move toward the C-point near $38.7, where the Shark pattern’s projected extension sits around the 1.13 level.
What’s Next for HYPE?
For now, the pattern remains in development, not confirmed. The coming sessions will be critical.
Holding the $19.22–$19.55 zone would keep the harmonic setup aliveRising volume and stronger daily closes could signal buyer commitmentA break back above the 50-day MA would act as early confirmation of a trend shift
On the downside, a failure to hold the lower support zone would invalidate the pattern and leave HYPE vulnerable to deeper consolidation.
For now, Hyperliquid sits at a technical inflection point, where intense selling pressure collides with supply destruction and early structural support. Whether this develops into a meaningful rebound or another leg lower will depend on how price reacts at the lower boundary in the days ahead.
Disclaimer: The views and analysis presented in this article are for informational purposes only and reflect the author’s perspective, not financial advice. Technical patterns and indicators discussed are subject to market volatility and may or may not yield the anticipated results. Investors are advised to exercise caution, conduct independent research, and make decisions aligned with their individual risk tolerance.

As of January 21, 2026, Ethereum (ETH) is trading near $2,980, down roughly 5% on the day and more than 10% over the past week. The drop follows a rejection from Sunday’s local high around $3,360, as broader market sentiment soured.
Source: Coinmarketcap
This pullback hasn’t happened in isolation. Rising geopolitical tensions and growing fears around a global commodity super cycle have pushed investors into risk-off mode. Bitcoin (BTC) slipping below $90,000 only added fuel to the sell-off, dragging Ethereum and the wider altcoin market lower.
That said, beneath the surface, Ethereum’s structure still tells a more nuanced story.
Whales Step In on the Ethereum Dip
Despite the sharp correction, large players appear to be treating this dip as an opportunity rather than a warning sign.
On-chain data shared by Lookonchain shows that whales and institutions are actively accumulating ETH during the decline:
Trend Research borrowed $70 million USDT from Aave and used it to purchase 24,555 ETH (worth ~$75.5 million). The firm now reportedly holds 651,310 ETH, valued at around $1.92 billion.An OTC whale wallet (0xFB7) acquired 20,000 ETH (approximately $58.8 million) via FalconX and Wintermute.
While short-term price action looks shaky, this kind of buying suggests that smart money may be positioning for a rebound rather than bracing for a deeper collapse.
Ascending Triangle Still Intact on the Daily Chart
Looking at the daily ETH chart, the broader technical structure remains constructive.
Ethereum continues to trade within a well-defined ascending triangle that has been forming since late 2025. This pattern is characterized by:
A series of higher lows, supported by a rising trendlineA strong horizontal resistance zone around $3,350–$3,400
During the latest sell-off, $ETH once again pulled back toward its rising trendline support, currently sitting near the $2,900–$2,920 area. This zone has acted as a reliable demand region multiple times over the past few months.
Ethereum (ETH) Daily Chart/Coinsprobe (Source: Tradingview)
For now, price is hovering just above this support, suggesting buyers are still defending it. However, ETH remains below the 50-day moving average, which is currently near $3,088, indicating that short-term momentum has yet to fully recover.
What’s Next for ETH?
If Ethereum manages to hold the ascending trendline near $2,900, the structure of the ascending triangle remains valid. A successful reclaim of the 50-day moving average would be an important first step toward restoring bullish momentum.
Should that happen — especially if broader market conditions stabilize and Bitcoin finds support — ETH could once again make a run at the $3,400 resistance zone, where a breakout attempt would be back on the table.
That said, the risk is clear. A decisive daily close below the rising trendline would weaken the bullish thesis and could open the door to a deeper short-term correction.
For now, Ethereum sits at a critical inflection point — caught between macro-driven fear and quiet accumulation from deep-pocketed players watching the dip closely.
Disclaimer: The views and analysis presented in this article are for informational purposes only and reflect the author’s perspective, not financial advice. Technical patterns and indicators discussed are subject to market volatility and may or may not yield the anticipated results. Investors are advised to exercise caution, conduct independent research, and make decisions aligned with their individual risk tolerance.

Solana (SOL) is trading in the red as the broader crypto market remains under pressure over the past 48 hours. Risk sentiment has turned cautious once again, with Bitcoin (BTC) slipping below the $90,000 mark and Ethereum (ETH) tumbling nearly 7% in the last 24 hours. This sharp move triggered more than $689 million in liquidations, with long positions accounting for roughly $629 million of the damage.
Amid this market-wide sell-off, $SOL has dropped over 5%. However, beneath the red candles, Solana’s daily chart is beginning to hint at a potential technical setup that could shape its next move.
Source: Coinmarketcap
Emerging Inverted Head and Shoulders Pattern
On the daily timeframe, Solana appears to be forming a possible inverted head and shoulders pattern, one of the more reliable bullish reversal structures when confirmed.
The left shoulder formed in late November around the $123 zone.Price then sold off more deeply to create the head near $119, marking a local capitulation low.The latest rejection from the neckline resistance zone between $142 and $147 has pushed SOL lower again, with price now drifting back toward the $123 area. This move is shaping what could become the right shoulder.
Solana (SOL) Daily Chart/Coinsprobe (Source: Tradingview)
This structure suggests that sellers may be losing momentum after repeated attempts to push price lower, while buyers continue to defend the same demand zone.
Key Resistance Still Overhead
Despite the developing pattern, SOL is still trading below its 50-day moving average, currently positioned near $132.65. This moving average has flipped into a key overhead resistance and remains a crucial level for bulls to reclaim. As long as SOL stays below this line, upside attempts may struggle to gain traction.
What’s Next for SOL?
If the inverted head and shoulders pattern continues to develop, SOL could find support near the $123 region, completing the right shoulder and setting the stage for a rebound. A successful push back above the 50-day moving average would be an early bullish signal and could open the door for a renewed move toward the neckline resistance zone at $142–$147.
A decisive breakout above this neckline sees the pattern confirmed and could trigger a short-term bullish rally as momentum traders step back in.
On the flip side, the bullish setup remains vulnerable. A breakdown below the $126–$121 support zone would invalidate the inverted head and shoulders structure and increase the risk of further downside.
Outlook
For now, Solana sits at a technical crossroads. While broader market weakness continues to weigh on price, the developing chart structure suggests that selling pressure may be fading. Traders will be watching closely to see whether SOL can hold the $123 support and reclaim the 50-day moving average — a move that could turn this dip into a potential rebound opportunity.
Disclaimer: The views and analysis presented in this article are for informational purposes only and reflect the author’s perspective, not financial advice. Technical patterns and indicators discussed are subject to market volatility and may or may not yield the anticipated results. Investors are advised to exercise caution, conduct independent research, and make decisions aligned with their individual risk tolerance.

XRP is trading in the red as the broader cryptocurrency market remains under pressure over the past 48 hours. Risk sentiment has turned cautious once again, with Bitcoin (BTC) and Ethereum (ETH) both sliding nearly 2% in the last 24 hours. This move triggered more than $351 million in liquidations across the market, with long positions taking the brunt of the damage.
As volatility spreads, altcoins have also come under pressure, and $XRP is no exception. The token is down around 2.69% at the time of writing. However, beyond the short-term weakness, XRP’s higher-timeframe chart is flashing signals that this pullback may be more than just another sell-off.
Source: Coinmarketcap
XRP Tests a Critical Demand Zone
On the weekly chart, XRP is trading within a right-angled ascending broadening wedge, a structure often associated with high volatility and decisive breakouts once price reaches key boundaries. After a powerful rally earlier in the cycle, XRP faced strong rejection near the upper resistance trendline around $3.66 in mid-2025. That rejection triggered a sharp correction, sending price down roughly 50%.
This decline has now brought XRP back into a major demand zone between $1.77 and $1.95. Historically, this area has acted as a strong defensive level throughout the wedge formation. Each time price has revisited this zone, selling pressure has been absorbed aggressively, leading to stabilization and rebound attempts.
XRP Weekly Chart/Coinsprobe (Source: Tradingview)
The current reaction suggests buyers are once again stepping in, treating this region as a value area rather than a breakdown point. This makes the zone a key battlefield that could determine XRP’s medium-term direction.
What’s Next for XRP?
While price remains compressed near support, XRP is also trading below its 50-week moving average, which sits near $2.44. This moving average has turned into a key overhead resistance and represents the level bulls need to reclaim to shift momentum back in their favor.
If XRP can hold above the $1.77–$1.95 support zone and push back above the 50-week moving average, confidence could return quickly. Such a move would open the door for a recovery toward the upper resistance trendline of the wedge, with upside potential extending beyond the $4.0 region if a breakout materializes.
On the flip side, the bullish structure remains vulnerable. A decisive breakdown below $1.77 would weaken the wedge formation and expose XRP to further downside, invalidating the accumulation thesis.
Bottom Line
For now, XRP finds itself at a technically pivotal level. While broader market uncertainty continues to drive volatility, the weekly structure suggests this dip could be a consolidation or accumulation phase rather than the start of a new bearish trend.
The next few weekly closes will be critical. How XRP reacts around this support zone is likely to set the tone for its next major move — whether that’s a renewed push higher or another leg of downside before stability returns.
Disclaimer: The views and analysis presented in this article are for informational purposes only and reflect the author’s perspective, not financial advice. Technical patterns and indicators discussed are subject to market volatility and may or may not yield the anticipated results. Investors are advised to exercise caution, conduct independent research, and make decisions aligned with their individual risk tolerance.

The broader cryptocurrency market is in slight under pressure on January 20, with risk sentiment turning cautious once again. Bitcoin (BTC) and Ethereum (ETH) are both trading lower, down 1.69% and 2.45% respectively over the past 24 hours. This sharp move triggered more than $286 million in liquidations, with long positions absorbing the bulk of the damage.
As volatility spreads across the market, memecoins have also felt the heat. SPX6900 (SPX) has dropped near 4%, sliding back toward a technically important area on the daily chart. However, while price action looks weak on the surface, the chart suggests $SPX may be approaching a make-or-break zone that could define its next major move.
Source: Coinmarketcap
Descending Triangle Takes Shape on the Daily Chart
From a technical perspective, SPX is trading within a large descending triangle pattern on the daily timeframe. This formation is defined by a series of lower highs pressing against a relatively flat support zone — a structure that often reflects growing selling pressure.
Descending triangles are typically considered bearish, but context matters. When price repeatedly tests a strong base without breaking down, it can also signal accumulation rather than distribution.
In SPX’s case, price has once again dipped into the key demand zone between $0.44 and $0.4775. This area has acted as a reliable support throughout recent months, consistently attracting buyers whenever price revisits it. Each test of this zone has produced long lower wicks, highlighting aggressive dip-buying and a reluctance from sellers to push price lower.
SPX6900 (SPX) Daily Chart/Coinsprobe (Source: Tradingview)
Can Buyers Defend the Base?
As long as SPX holds above the $0.44–$0.4775 support region, the descending triangle remains intact without confirmation of a breakdown. A successful defense here could trigger a relief bounce, potentially sending price back toward the upper trendline resistance near $0.61.
This descending resistance has rejected price multiple times, making it a critical level to watch. A breakout above it would mark a meaningful shift in structure and could signal that buyers are regaining control after weeks of compression.
That said, downside risk cannot be ignored. A decisive daily or weekly close below $0.44 would invalidate the support base and confirm a bearish breakdown from the triangle. Such a move could open the door for a deeper correction as trapped buyers exit positions.
Bottom Line
SPX6900 is currently sitting at a pivotal technical crossroads. While broader market weakness has pushed price lower, the daily chart shows that SPX is testing a well-defined demand zone that has consistently held in the past.
As long as buyers continue to defend the triangle’s base, a rebound toward descending resistance remains a realistic scenario. However, a failure to hold support would shift momentum firmly back in favor of sellers.
Disclaimer: The views and analysis presented in this article are for informational purposes only and reflect the author’s perspective, not financial advice. Technical patterns and indicators discussed are subject to market volatility and may or may not yield the anticipated results. Investors are advised to exercise caution, conduct independent research, and make decisions aligned with their individual risk tolerance.