Binance Square

The Crypto Basic

image
Verified Creator
Your Ultimate Crypto News Source
0 Following
34.5K+ Followers
165.1K+ Liked
14.9K+ Shared
Content
·
--
"ADA Levels To Watch as Cardano Preparing for a Directional Move Amid Volatility Squeeze"#Cardano currently battling suppression within a channel in the hourly chart, with a recent support rebound keeping hopes of a breakout alive. Cardano (ADA) defended the $0.33 support level during the Sunday market downturn amid fears of another US government shutdown. Having rebounded from this level, it now targets the upper boundary in its current price structure. Key Points Cardano is suppressed within a channel in the hourly chart, with a recent support rebound keeping hopes of a breakout alive.ADA defended the $0.33 support level during the Sunday market downturn, amid fears of another US government shutdown.Prices are tightening within the broader descending channel, suggesting a volatility squeeze in preparation for a directional move.If the current momentum holds, ADA could target the channel’s upper resistance level at $0.38.A drop below the $0.33 price level, which is the lower support boundary, would invalidate this move. Cardano Bulls Keep Breakout Hopes Alive Notably, the January 25 decline saw Cardano drop to the lower support trendline of a descending channel. It dropped to a low of $0.33, which aligned with the $0.33-$0.32 demand zone. However, bulls stepped in as they did during the previous retest on January 19 to prevent prices from falling below the trendline support. So far, ADA has rallied 6% from the low to its current market price of $0.35. Meanwhile, prices are tightening within the broader descending channel, suggesting a volatility squeeze. This also indicates that Cardano may be preparing for a directional move, potentially breaking out of the structure. Key Levels to Watch Cardano defended the $0.33 support violently and swiftly, suggesting momentum is building. If the current momentum holds, then it would target the channel’s upper resistance level at $0.38. The token last retested this level on January 14, when it reached a high of $0.42 but couldn’t conquer the selling pressure there. Closing above $0.38 would pave the way for a move to higher prices, such as $0.40 and $0.50. However, this remains uncertain, as current momentum might stall or the resistance prove too strong. A drop below the $0.33 support would invalidate this move. This would mean a drop below the structure’s lower band, with further downsides for Cardano in the short to medium term. Remarkably, ecosystem development looks positive for ADA. Founder Charles Hoskinson recently hinted at another major integration for Cardano, with rising transaction volume adding to the optimism. For context, the mainnet has processed over 118 million transactions, signaling traction. Nonetheless, the next direction for the Cardano price depends more on the broader market mood than on its individual progress. If Bitcoin remains choppy, the broader altcoin market is likely to correct with it. #Crypto

"ADA Levels To Watch as Cardano Preparing for a Directional Move Amid Volatility Squeeze"

#Cardano currently battling suppression within a channel in the hourly chart, with a recent support rebound keeping hopes of a breakout alive.
Cardano (ADA) defended the $0.33 support level during the Sunday market downturn amid fears of another US government shutdown. Having rebounded from this level, it now targets the upper boundary in its current price structure.
Key Points
Cardano is suppressed within a channel in the hourly chart, with a recent support rebound keeping hopes of a breakout alive.ADA defended the $0.33 support level during the Sunday market downturn, amid fears of another US government shutdown.Prices are tightening within the broader descending channel, suggesting a volatility squeeze in preparation for a directional move.If the current momentum holds, ADA could target the channel’s upper resistance level at $0.38.A drop below the $0.33 price level, which is the lower support boundary, would invalidate this move.
Cardano Bulls Keep Breakout Hopes Alive
Notably, the January 25 decline saw Cardano drop to the lower support trendline of a descending channel. It dropped to a low of $0.33, which aligned with the $0.33-$0.32 demand zone.
However, bulls stepped in as they did during the previous retest on January 19 to prevent prices from falling below the trendline support. So far, ADA has rallied 6% from the low to its current market price of $0.35.
Meanwhile, prices are tightening within the broader descending channel, suggesting a volatility squeeze. This also indicates that Cardano may be preparing for a directional move, potentially breaking out of the structure.

Key Levels to Watch
Cardano defended the $0.33 support violently and swiftly, suggesting momentum is building. If the current momentum holds, then it would target the channel’s upper resistance level at $0.38.
The token last retested this level on January 14, when it reached a high of $0.42 but couldn’t conquer the selling pressure there. Closing above $0.38 would pave the way for a move to higher prices, such as $0.40 and $0.50. However, this remains uncertain, as current momentum might stall or the resistance prove too strong.
A drop below the $0.33 support would invalidate this move. This would mean a drop below the structure’s lower band, with further downsides for Cardano in the short to medium term.
Remarkably, ecosystem development looks positive for ADA. Founder Charles Hoskinson recently hinted at another major integration for Cardano, with rising transaction volume adding to the optimism. For context, the mainnet has processed over 118 million transactions, signaling traction.
Nonetheless, the next direction for the Cardano price depends more on the broader market mood than on its individual progress. If Bitcoin remains choppy, the broader altcoin market is likely to correct with it.
#Crypto
"Ethereum Analysis for Jan 26: Here Are Immediate Levels to Watch"#Ethereum extended its pullback as sellers held control, with key support and resistance zones in focus. Notably, Ethereum (ETH) has traded lower over the past 24 hours, falling about 2.9% to roughly $2,858. This came after spending much of the day drifting near the $2,787–$2,943 area. The intraday structure shows a clear “step-down” sequence, followed by a rebound that recovered part of the losses and lifted price back toward the mid-$2,800s.  The pullback also came as precious metals such as gold and silver have been surging, drawing fresh attention to traditional risk hedges in the current macro backdrop. The performance table reinforces a softer broader tone, with ETH down about 11% over 7 days and around 9.3% over 14 days. This implies the latest dip fits within a wider corrective phase unless price can reclaim and hold above the $2,900+ area. Where’s Ethereum Headed? On the daily ETH/USD chart, Ethereum last traded around $2,864, showing buyers defended the $2,780–$2,810 area after a deeper pullback. The recent candle sequence reflects a clear downswing from the low-to-mid $3,000s into the high $2,000s, with momentum still tilted bearish in the near term. From a structure perspective, $2,800 is the immediate support to watch; a clean break below it would expose the next psychological zone around $2,600, while rebounds will likely face friction around $3,000 first. Further, the Parabolic SAR currently sits above price (around $3,278 on the chart), which typically signals that the prevailing trend remains down until the price can reclaim that level and the Parabolic SAR dots flip back underneath the daily candles, signaling a potential shift toward a more constructive uptrend. Meanwhile, the Stoch RSI is extremely depressed, keeping ETH in oversold territory. This combination often precedes short-term relief bounces, but it does not confirm a trend reversal on its own; for the downside pressure to ease materially, the chart would need to show stronger follow-through above $3,000 and, ideally, a SAR flip. Otherwise, rallies may continue to acrt as corrective moves within a broader pullback. Ethereum Liquidation Ethereum’s liquidation data shows a clear long-side wipeout over the broader window, consistent with a market that has been leaning bullish into a downside move. Over 24 hours, total liquidations were about $220.33M, with longs accounting for roughly $203.53M versus $16.80M in shorts. The same imbalance appears over 12 hours ($178.93M total; $163.32M longs vs $15.62M shorts), indicating that the bulk of forced deleveraging came from long positions. Shorter timeframes look more mixed and help explain the intraday chop. Specifically, in the last 4 hours, liquidations totaled around $4.29M, still long-heavy ($2.92M longs vs $1.37M shorts). However, the 1-hour snapshot flips, with a small short liquidation skew (~$58.01K shorts vs ~$1.39K longs; $59.40K total). #CryptoNews🚀🔥V

"Ethereum Analysis for Jan 26: Here Are Immediate Levels to Watch"

#Ethereum extended its pullback as sellers held control, with key support and resistance zones in focus.
Notably, Ethereum (ETH) has traded lower over the past 24 hours, falling about 2.9% to roughly $2,858. This came after spending much of the day drifting near the $2,787–$2,943 area. The intraday structure shows a clear “step-down” sequence, followed by a rebound that recovered part of the losses and lifted price back toward the mid-$2,800s. 
The pullback also came as precious metals such as gold and silver have been surging, drawing fresh attention to traditional risk hedges in the current macro backdrop.
The performance table reinforces a softer broader tone, with ETH down about 11% over 7 days and around 9.3% over 14 days. This implies the latest dip fits within a wider corrective phase unless price can reclaim and hold above the $2,900+ area.
Where’s Ethereum Headed?
On the daily ETH/USD chart, Ethereum last traded around $2,864, showing buyers defended the $2,780–$2,810 area after a deeper pullback. The recent candle sequence reflects a clear downswing from the low-to-mid $3,000s into the high $2,000s, with momentum still tilted bearish in the near term.

From a structure perspective, $2,800 is the immediate support to watch; a clean break below it would expose the next psychological zone around $2,600, while rebounds will likely face friction around $3,000 first.
Further, the Parabolic SAR currently sits above price (around $3,278 on the chart), which typically signals that the prevailing trend remains down until the price can reclaim that level and the Parabolic SAR dots flip back underneath the daily candles, signaling a potential shift toward a more constructive uptrend.
Meanwhile, the Stoch RSI is extremely depressed, keeping ETH in oversold territory. This combination often precedes short-term relief bounces, but it does not confirm a trend reversal on its own; for the downside pressure to ease materially, the chart would need to show stronger follow-through above $3,000 and, ideally, a SAR flip. Otherwise, rallies may continue to acrt as corrective moves within a broader pullback.
Ethereum Liquidation
Ethereum’s liquidation data shows a clear long-side wipeout over the broader window, consistent with a market that has been leaning bullish into a downside move. Over 24 hours, total liquidations were about $220.33M, with longs accounting for roughly $203.53M versus $16.80M in shorts.

The same imbalance appears over 12 hours ($178.93M total; $163.32M longs vs $15.62M shorts), indicating that the bulk of forced deleveraging came from long positions.
Shorter timeframes look more mixed and help explain the intraday chop. Specifically, in the last 4 hours, liquidations totaled around $4.29M, still long-heavy ($2.92M longs vs $1.37M shorts).
However, the 1-hour snapshot flips, with a small short liquidation skew (~$58.01K shorts vs ~$1.39K longs; $59.40K total).
#CryptoNews🚀🔥V
"Shiba Inu Holds Key Support Area, Indicating Potential Channel Recovery"#Shiba Inu hints at a possible recovery after holding key support, potentially targeting the upper range of a price channel. Shiba Inu (SHIB) ended the week poorly with its 4% decline on Sunday. The downtrend, mirroring a broader market trend, brought its weekly retracement to 7.17%. However, recent price behavior suggests a rebound could be on the horizon for the token. Key Points Shiba Inu hints at a possible recovery after holding key support, potentially targeting the upper range of an existing price channel.SHIB ended the week poorly with its 4% decline on Sunday, bringing its weekly retracement to 7.17%.Yet recent price action suggests a rebound could be on the horizon for the meme coin, as Shiba Inu has held key support at a lower time frame. So long as SHIB continues to trade above this lower-timeframe support, it has a chance of a price recovery. Shiba Inu Holds Structure Despite the 7.17% drop last week, Shiba Inu has held a key support. Zooming into the hourly chart, Sunday’s weak price action led the token to retest the demand zone around $0.0000074. SHIB first dumped to the area following its bearish trend on January 18, reaching a low of $0.00000745. However, it rebounded to close the week at $0.00000787. Since then, Shiba Inu has been range-bound, with several attempts to break out failing. For context, it reached the channel’s resistance area on January 20, rallying to $0.00000815 before momentum collapsed. Again, it retested the demand zone, with highs of $0.00000817 and $0.00000815 on January 21 and 23, respectively, but met selling pressure. Consequently, SHIB fell at the closing stages of last week to retest the channel’s lower support trendline. Meanwhile, like last week, Shiba Inu has also recovered from this area, bouncing from a low of $0.00000736 to close the week at $0.00000750. What Does It Mean for Shiba Inu So long as SHIB continues to trade above this lower-timeframe support, it has a chance of a price recovery. Moreover, repeated rebounds from this area show that bulls view it as a key price point; hence, they step in to prevent the price from falling below it. The rebound has also forced a bright start to the week for SHIB. At the time of writing, the meme coin is already up by 2% today. If momentum sustains, then higher prices are possible. Naturally, SHIB’s first target is the upper range of the channel, around $0.0000082. If the token succeeds in breaking out after this, then larger price spikes would follow. However, this remains purely based on analysis, and there is no guarantee it would happen. Moreover, prices can still trend lower. If the current upward momentum stalls, SHIB could revisit its current support level. Breaking above creates paves the way for newer lows. However, at this point, the current demand zone recovery spells bullish momentum. #CryptoNews🚀🔥V

"Shiba Inu Holds Key Support Area, Indicating Potential Channel Recovery"

#Shiba Inu hints at a possible recovery after holding key support, potentially targeting the upper range of a price channel.
Shiba Inu (SHIB) ended the week poorly with its 4% decline on Sunday. The downtrend, mirroring a broader market trend, brought its weekly retracement to 7.17%. However, recent price behavior suggests a rebound could be on the horizon for the token.
Key Points
Shiba Inu hints at a possible recovery after holding key support, potentially targeting the upper range of an existing price channel.SHIB ended the week poorly with its 4% decline on Sunday, bringing its weekly retracement to 7.17%.Yet recent price action suggests a rebound could be on the horizon for the meme coin, as Shiba Inu has held key support at a lower time frame. So long as SHIB continues to trade above this lower-timeframe support, it has a chance of a price recovery.
Shiba Inu Holds Structure
Despite the 7.17% drop last week, Shiba Inu has held a key support. Zooming into the hourly chart, Sunday’s weak price action led the token to retest the demand zone around $0.0000074.
SHIB first dumped to the area following its bearish trend on January 18, reaching a low of $0.00000745. However, it rebounded to close the week at $0.00000787. Since then, Shiba Inu has been range-bound, with several attempts to break out failing.

For context, it reached the channel’s resistance area on January 20, rallying to $0.00000815 before momentum collapsed. Again, it retested the demand zone, with highs of $0.00000817 and $0.00000815 on January 21 and 23, respectively, but met selling pressure.
Consequently, SHIB fell at the closing stages of last week to retest the channel’s lower support trendline. Meanwhile, like last week, Shiba Inu has also recovered from this area, bouncing from a low of $0.00000736 to close the week at $0.00000750.
What Does It Mean for Shiba Inu
So long as SHIB continues to trade above this lower-timeframe support, it has a chance of a price recovery. Moreover, repeated rebounds from this area show that bulls view it as a key price point; hence, they step in to prevent the price from falling below it.
The rebound has also forced a bright start to the week for SHIB. At the time of writing, the meme coin is already up by 2% today. If momentum sustains, then higher prices are possible.
Naturally, SHIB’s first target is the upper range of the channel, around $0.0000082. If the token succeeds in breaking out after this, then larger price spikes would follow. However, this remains purely based on analysis, and there is no guarantee it would happen.
Moreover, prices can still trend lower. If the current upward momentum stalls, SHIB could revisit its current support level. Breaking above creates paves the way for newer lows. However, at this point, the current demand zone recovery spells bullish momentum.
#CryptoNews🚀🔥V
"ADA Unlikely to Stay at No. 10 Once Market Understands Cardano Fundamentals"A prominent #Cardano community member argues that ADA’s current ranking as the 10th biggest token reflects market misunderstanding rather than technological inferiority.  Critics have widely interpreted Cardano’s position as the 10th biggest cryptocurrency as a sign of low adoption or innovation. However, supporters have consistently disputed this view, emphasizing that its low ranking is due to persistent market ignorance of Cardano’s core design advantages.  Consequently, they argue that once investors fully understand its design advantages, particularly around decentralization, security, and staking, Cardano’s position will improve based on fundamentals rather than hype. Key Points  Cardano bulls claim that ADA’s current ranking as the 10th-largest token reflects market perception, not technological weakness. They believe ADA’s ranking will improve once investors recognize its fundamentals over hype. Skeptics suggest otherwise, pointing to Cardano’s inability to attract institutions and top-level stablecoins. Ongoing efforts by Cardano’s team reflect a commitment to address ecosystem gaps.  Cardano’s Unique Design  Analyst Dr. Cuadrado highlighted in a tweet that Cardano is widely regarded as one of the most decentralized blockchains in the industry, featuring real on-chain governance and a security model built from first principles. Unlike many competitors with uncapped supplies, Cardano has a fixed maximum of 45 billion ADA. The token remains in users’ wallets at all times, and rewards are distributed every five days without reliance on external smart contracts.  How Cardano Differs From Ethereum  Comparing Cardano to Ethereum, Cuadrado highlighted what he described as a structural divide. While Ethereum pioneered smart contracts and DeFi, its liquid staking ecosystem often requires custodial arrangements that expose users to protocol and counterparty risk.  However, Cuadrado noted that Cardano’s design eliminates these trade-offs by embedding staking directly into the base layer. Therefore, he suggested that once the market fully recognizes the ability to earn yield without lockups, custody loss, or hidden risk, Cardano’s ranking will reflect its fundamentals.  Mixed Reactions Trail Cuadrado’s Commentary  Cardano, which briefly ranked third-largest in 2021, now sits in 10th place. At a price of $0.3474 and a circulating supply of 36.04 billion tokens, ADA carries a market value of $12.52 billion. Nonetheless, many Cardano proponents, including Cuadrado, expect ADA to climb higher in the future. They cite Cardano’s on-chain governance, research-driven and peer-reviewed development model, and its focus on solving scalability, interoperability, and sustainability challenges seen in earlier networks as factors that could fuel this growth.  In addition, they point to rising institutional interest, with ADA included in several basket ETFs in the U.S. and Grayscale seeking to launch a product solely tied to ADA.  However, skeptics remain unconvinced. Specifically, Pablo Antonio, founder of on-chain asset manager PBG, argues that strong fundamentals alone are unlikely to drive market leadership.  He contends that crypto’s success depends more on institutional adoption, which Cardano has yet to secure at scale. Antonio also criticized Cardano’s ecosystem for lagging in key areas such as stablecoins, oracles, and real-world assets (RWA), while emphasizing that the current leadership lacks a strong business and enterprise focus. Meanwhile, Cardano is taking steps to address these challenges. Founder Charles Hoskinson has discussed launching the RLUSD stablecoin on Cardano with Ripple executives.  Moreover, Cardano stakeholders are also advancing real-world asset tokenization, with the blockchain participating in a project introduced by the London Stock Exchange Group (LSEG). However, these initiatives have not materially impacted ADA’s price or valuation.  #CryptoNewsFlash

"ADA Unlikely to Stay at No. 10 Once Market Understands Cardano Fundamentals"

A prominent #Cardano community member argues that ADA’s current ranking as the 10th biggest token reflects market misunderstanding rather than technological inferiority. 
Critics have widely interpreted Cardano’s position as the 10th biggest cryptocurrency as a sign of low adoption or innovation. However, supporters have consistently disputed this view, emphasizing that its low ranking is due to persistent market ignorance of Cardano’s core design advantages. 
Consequently, they argue that once investors fully understand its design advantages, particularly around decentralization, security, and staking, Cardano’s position will improve based on fundamentals rather than hype.
Key Points 
Cardano bulls claim that ADA’s current ranking as the 10th-largest token reflects market perception, not technological weakness. They believe ADA’s ranking will improve once investors recognize its fundamentals over hype. Skeptics suggest otherwise, pointing to Cardano’s inability to attract institutions and top-level stablecoins. Ongoing efforts by Cardano’s team reflect a commitment to address ecosystem gaps. 
Cardano’s Unique Design 
Analyst Dr. Cuadrado highlighted in a tweet that Cardano is widely regarded as one of the most decentralized blockchains in the industry, featuring real on-chain governance and a security model built from first principles.
Unlike many competitors with uncapped supplies, Cardano has a fixed maximum of 45 billion ADA. The token remains in users’ wallets at all times, and rewards are distributed every five days without reliance on external smart contracts. 
How Cardano Differs From Ethereum 
Comparing Cardano to Ethereum, Cuadrado highlighted what he described as a structural divide. While Ethereum pioneered smart contracts and DeFi, its liquid staking ecosystem often requires custodial arrangements that expose users to protocol and counterparty risk. 
However, Cuadrado noted that Cardano’s design eliminates these trade-offs by embedding staking directly into the base layer. Therefore, he suggested that once the market fully recognizes the ability to earn yield without lockups, custody loss, or hidden risk, Cardano’s ranking will reflect its fundamentals. 
Mixed Reactions Trail Cuadrado’s Commentary 
Cardano, which briefly ranked third-largest in 2021, now sits in 10th place. At a price of $0.3474 and a circulating supply of 36.04 billion tokens, ADA carries a market value of $12.52 billion.
Nonetheless, many Cardano proponents, including Cuadrado, expect ADA to climb higher in the future. They cite Cardano’s on-chain governance, research-driven and peer-reviewed development model, and its focus on solving scalability, interoperability, and sustainability challenges seen in earlier networks as factors that could fuel this growth. 
In addition, they point to rising institutional interest, with ADA included in several basket ETFs in the U.S. and Grayscale seeking to launch a product solely tied to ADA. 
However, skeptics remain unconvinced. Specifically, Pablo Antonio, founder of on-chain asset manager PBG, argues that strong fundamentals alone are unlikely to drive market leadership. 
He contends that crypto’s success depends more on institutional adoption, which Cardano has yet to secure at scale. Antonio also criticized Cardano’s ecosystem for lagging in key areas such as stablecoins, oracles, and real-world assets (RWA), while emphasizing that the current leadership lacks a strong business and enterprise focus.
Meanwhile, Cardano is taking steps to address these challenges. Founder Charles Hoskinson has discussed launching the RLUSD stablecoin on Cardano with Ripple executives. 
Moreover, Cardano stakeholders are also advancing real-world asset tokenization, with the blockchain participating in a project introduced by the London Stock Exchange Group (LSEG). However, these initiatives have not materially impacted ADA’s price or valuation. 
#CryptoNewsFlash
"These Key Levels Are Crucial for XRP Next Trend Direction"#XRP is once again attracting heightened attention in the crypto market, as the broader crypto market suffers another round of downturn.  Following a multi-month pullback from its 2025 high of $3.65, XRP is currently trading below $1.9, succumbing to renewed bearish pressure over the weekend. Over the weekend, the crypto market saw a sharp downturn, pushing XRP’s price from around $1.91 to $1.81. Despite staging a rebound, XRP is still trading below $1.9.  Key Points  XRP is under renewed bearish pressure, with the price plunging to $1.81 over the weekend. Amid the downturn, XRP’s next trend direction hinges on a crucial support level. The token has broken below a key ascending trendline, signaling a likely continuation of the short-term downtrend. Elliott Wave analysis projects target zones between $1.85 and $1.65.  Crucial Levels to Watch  In a recent analysis, Cypress Demanincor stressed that he is closely tracking key levels on XRP’s weekly chart, highlighting major support and resistance zones. On the upside, the $2.27–$2.56 resistance range stands as a critical hurdle. This zone aligns with prior breakdown levels, meaning XRP must reclaim it decisively to signal a potential trend reversal. Meanwhile, on the downside, $1.85 acts as immediate support and defines the current trading area. Holding this level would indicate consolidation. However, a breakdown would significantly increase downside risk. If $1.85 fails, the next support emerges near $1.69, where buyers may attempt to stabilize price action. Beyond that, intensified selling pressure could drive XRP toward $1.27 or $0.98, both of which represent potential long-term support in a broader market downturn.  Overall, Demanincor says he is watching these levels “like a hawk,” signaling heightened alert for a strong reaction. In his view, XRP could either bounce from the $1.85 zone and stage a relief rally toward $2.27–$2.56, or break down decisively, opening the door to $1.69, $1.27, and $0.98.  Next Trend Direction Hinges on $1.92  Meanwhile, XRP is trading around $1.88, closely aligning with the $1.92 level that analyst Ali Martinez identifies as critical support.  Holding above this zone would suggest consolidation or potential upside, while a decisive break below it would likely confirm a bearish shift and open the door to further downside.  XRP Faces Short-Term Downtrend After Trendline Break Amid the recent pullback, market researcher More Crypto Online also warned that XRP has broken below a key ascending trendline, signaling a likely continuation of its short-term downtrend. The breakdown confirms that the price is trading beneath the trendline, prompting caution for traders. Using the Elliott Wave indicator, the projected target zones range from $1.85 to $1.65. While confirming a high likelihood of XRP reaching $1.65, the researcher cautions that traders should expect occasional bounces along the way.   #CryptoNewsCommunity

"These Key Levels Are Crucial for XRP Next Trend Direction"

#XRP is once again attracting heightened attention in the crypto market, as the broader crypto market suffers another round of downturn. 
Following a multi-month pullback from its 2025 high of $3.65, XRP is currently trading below $1.9, succumbing to renewed bearish pressure over the weekend.
Over the weekend, the crypto market saw a sharp downturn, pushing XRP’s price from around $1.91 to $1.81. Despite staging a rebound, XRP is still trading below $1.9. 
Key Points 
XRP is under renewed bearish pressure, with the price plunging to $1.81 over the weekend. Amid the downturn, XRP’s next trend direction hinges on a crucial support level. The token has broken below a key ascending trendline, signaling a likely continuation of the short-term downtrend. Elliott Wave analysis projects target zones between $1.85 and $1.65. 
Crucial Levels to Watch 
In a recent analysis, Cypress Demanincor stressed that he is closely tracking key levels on XRP’s weekly chart, highlighting major support and resistance zones.
On the upside, the $2.27–$2.56 resistance range stands as a critical hurdle. This zone aligns with prior breakdown levels, meaning XRP must reclaim it decisively to signal a potential trend reversal.
Meanwhile, on the downside, $1.85 acts as immediate support and defines the current trading area. Holding this level would indicate consolidation. However, a breakdown would significantly increase downside risk.
If $1.85 fails, the next support emerges near $1.69, where buyers may attempt to stabilize price action. Beyond that, intensified selling pressure could drive XRP toward $1.27 or $0.98, both of which represent potential long-term support in a broader market downturn. 
Overall, Demanincor says he is watching these levels “like a hawk,” signaling heightened alert for a strong reaction. In his view, XRP could either bounce from the $1.85 zone and stage a relief rally toward $2.27–$2.56, or break down decisively, opening the door to $1.69, $1.27, and $0.98. 

Next Trend Direction Hinges on $1.92 
Meanwhile, XRP is trading around $1.88, closely aligning with the $1.92 level that analyst Ali Martinez identifies as critical support. 
Holding above this zone would suggest consolidation or potential upside, while a decisive break below it would likely confirm a bearish shift and open the door to further downside. 

XRP Faces Short-Term Downtrend After Trendline Break
Amid the recent pullback, market researcher More Crypto Online also warned that XRP has broken below a key ascending trendline, signaling a likely continuation of its short-term downtrend. The breakdown confirms that the price is trading beneath the trendline, prompting caution for traders.
Using the Elliott Wave indicator, the projected target zones range from $1.85 to $1.65. While confirming a high likelihood of XRP reaching $1.65, the researcher cautions that traders should expect occasional bounces along the way.  
#CryptoNewsCommunity
#Bitcoin Holders Realizing $4.5 Billion in Losses, Highest Amount in 3 Years. #Bitcoin holders are realizing staggering amounts of losses on their BTC holdings, as the asset’s price continues to underperform. While store-of-value assets like gold and silver press on to unprecedented heights, the crypto firstborn’s price struggle persists. Consequently, holders are growing impatient, realizing losses at levels last seen in almost three years. Data from CryptoQuant shows that the BTC downtrend has forced large position exits among Bitcoin holders. Notably, these exits have been at losses, with over $4.5 billion realized in losses on January 23, the largest since March 2023. The on-chain analytics provider used the Bitcoin Net Realized Profit and Loss metric to highlight this massive liquidation. For the uninitiated, the metric tracks the sum of realized profits or losses of all moved BTC at a specific time by comparing their selling price with their accumulation price. This means that on January 23, the net difference between Bitcoin sold and their acquisition was a negative $4.5 billion. #CryptoNewss
#Bitcoin Holders Realizing $4.5 Billion in Losses, Highest Amount in 3 Years.

#Bitcoin holders are realizing staggering amounts of losses on their BTC holdings, as the asset’s price continues to underperform.

While store-of-value assets like gold and silver press on to unprecedented heights, the crypto firstborn’s price struggle persists. Consequently, holders are growing impatient, realizing losses at levels last seen in almost three years.

Data from CryptoQuant shows that the BTC downtrend has forced large position exits among Bitcoin holders. Notably, these exits have been at losses, with over $4.5 billion realized in losses on January 23, the largest since March 2023.

The on-chain analytics provider used the Bitcoin Net Realized Profit and Loss metric to highlight this massive liquidation. For the uninitiated, the metric tracks the sum of realized profits or losses of all moved BTC at a specific time by comparing their selling price with their accumulation price.

This means that on January 23, the net difference between Bitcoin sold and their acquisition was a negative $4.5 billion.

#CryptoNewss
U.S. Senate Agriculture Committee Reschedules Crypto Market Structure Markup to Thursday, Jan. 29. #Crypto
U.S. Senate Agriculture Committee Reschedules Crypto Market Structure Markup to Thursday, Jan. 29.
#Crypto
"Bitcoin Analysis for Jan 23: BTC Needs to Close Above $89,704 Bollinger Band Resistance"#Bitcoin is testing key Bollinger Band resistance, with traders awaiting a breakout for bullish momentum or a potential retracement. Bitcoin (BTC) has experienced some fluctuations in recent hours, with the price hovering just below the $90,000 mark. The chart shows a series of up-and-down movements, with Bitcoin briefly testing a high of around $90,159 before retreating below $89,500. This volatility came after a week marked by mixed signals in the market, as Bitcoin failed to sustain upward momentum despite positive developments in regional equities and a weakening U.S. dollar. The price movements from the chart indicate Bitcoin’s ongoing struggle to break and close above the $90,000 resistance zone. Notably, Bitcoin’s price action over the past week has shown some significant volatility, with a decline of 6.4% in the last 7 days. On a 14-day basis, Bitcoin is down by 3%, further confirming the lack of a strong upward trend.  Traders will now be looking for a breakout above $90,000 for further confirmation of bullish momentum or a possible decline. Where is Bitcoin Headed? In the latest 4-hour chart for Bitcoin, the price shows consolidation between the upper and lower bands of the Bollinger Bands. The price briefly tested the middle band at $89,704, indicating initial resistance. However, the first-born crypto has pulled back toward the lower band based at $88,302, signaling a possible lack of momentum to break higher. If Bitcoin fails to breach the middle band and close above it, it could face a retracement to the lower band, representing immediate support. Traders will closely watch this range for any decisive price action. In addition to the Bollinger Bands, the True Strength Index indicator shows negative values, with the blue line crossing above the red line. This confirms that bearish momentum has persisted but is shifting in the short term. For a bullish reversal to occur, the TSI would need to flip to positive territory.  Overall, a break above the resistance level at the middle band could launch BTC to the upper Bollinger Band at $91,105. Analyst Points at Potential $135,000 Surge Looking elsewhere, analyst Trader Tardigrade recently pointed out on X that Bitcoin has been following a distinct Zig-zag pattern on the weekly chart. This pattern features alternating bullish and bearish movements, where upward rallies meet subsequent pullbacks, creating a back-and-forth movement. Tardigrade suggests that if this pattern persists, Bitcoin could experience another surge following its current consolidation phase, potentially targeting higher levels like above $135,000. However, if the pattern continues to follow the expected course, a correction could follow, pushing Bitcoin back down to test support zones around $112,000.  #CryptoNewsFlash

"Bitcoin Analysis for Jan 23: BTC Needs to Close Above $89,704 Bollinger Band Resistance"

#Bitcoin is testing key Bollinger Band resistance, with traders awaiting a breakout for bullish momentum or a potential retracement.
Bitcoin (BTC) has experienced some fluctuations in recent hours, with the price hovering just below the $90,000 mark. The chart shows a series of up-and-down movements, with Bitcoin briefly testing a high of around $90,159 before retreating below $89,500. This volatility came after a week marked by mixed signals in the market, as Bitcoin failed to sustain upward momentum despite positive developments in regional equities and a weakening U.S. dollar.
The price movements from the chart indicate Bitcoin’s ongoing struggle to break and close above the $90,000 resistance zone. Notably, Bitcoin’s price action over the past week has shown some significant volatility, with a decline of 6.4% in the last 7 days. On a 14-day basis, Bitcoin is down by 3%, further confirming the lack of a strong upward trend. 
Traders will now be looking for a breakout above $90,000 for further confirmation of bullish momentum or a possible decline.
Where is Bitcoin Headed?
In the latest 4-hour chart for Bitcoin, the price shows consolidation between the upper and lower bands of the Bollinger Bands. The price briefly tested the middle band at $89,704, indicating initial resistance. However, the first-born crypto has pulled back toward the lower band based at $88,302, signaling a possible lack of momentum to break higher.

If Bitcoin fails to breach the middle band and close above it, it could face a retracement to the lower band, representing immediate support. Traders will closely watch this range for any decisive price action.
In addition to the Bollinger Bands, the True Strength Index indicator shows negative values, with the blue line crossing above the red line. This confirms that bearish momentum has persisted but is shifting in the short term. For a bullish reversal to occur, the TSI would need to flip to positive territory. 
Overall, a break above the resistance level at the middle band could launch BTC to the upper Bollinger Band at $91,105.
Analyst Points at Potential $135,000 Surge
Looking elsewhere, analyst Trader Tardigrade recently pointed out on X that Bitcoin has been following a distinct Zig-zag pattern on the weekly chart. This pattern features alternating bullish and bearish movements, where upward rallies meet subsequent pullbacks, creating a back-and-forth movement.

Tardigrade suggests that if this pattern persists, Bitcoin could experience another surge following its current consolidation phase, potentially targeting higher levels like above $135,000. However, if the pattern continues to follow the expected course, a correction could follow, pushing Bitcoin back down to test support zones around $112,000. 
#CryptoNewsFlash
"Cardano Analysis: ADA Can Deliver a 2x Rally If It Reclaims This Stronghold"#Cardano consolidates around a key support area but has faced severe selling pressure from a decisive resistance level above. Attempts to reclaim this supply zone have proved abortive, with the support below keeping momentum alive. This consolidation may continue until Cardano prevails over the stronghold resistance, paving the path for higher prices. Key Points Cardano consolidates around a key support area in the mid-$0.30s but has faced severe selling pressure from a decisive resistance level above.Attempts to reclaim this 100-period SMA supply zone have proved abortive, with the support below keeping momentum alive.For Cardano to target higher prices, it needs to break above this 100-period SMA.A break above the 100-period SMA would open the way for a 2x rally for Cardano. Cardano Sits at Major Support Zone A bright start to the year was cut short when Cardano dumped violently from $0.428 on January 14 to the lows of $0.342 five days later. Meanwhile, the coin has stabilized around a key support in the mid-$0.30s, a TradingView analysis from CoinCodex highlighted. The commentary noted that this support level has been the first to cushion selling pressure. Instead of ADA slowly correcting, as previously seen after a rejection, it has stabilized around the $0.35 support level. However, CoinCodex emphasized that this does not suggest the bottom is in, just that market participants are beginning to digest earlier moves without emotion. The analyst added that dips into this supply zone are getting absorbed faster than before. The recent market trend confirms this. Specifically, ADA has rebounded from its lows of $0.342 to $0.373 two days ago before retracing slightly to $0.360 at the time of writing. Cardano Struggles with Higher Prices Despite stabilizing at the current support, attempts to reclaim higher resistance areas have not yielded much result. The analysis highlighted that the $0.396 level, aligning with the 100-period simple moving average at the time, has repeatedly rejected higher prices. Cardano fell below this indicator during the January 18 dip and failed to reclaim the area. Currently, the indicator stands at $0.388, 7% below the market price. What ADA Needs to Do Notably, the commentary highlighted that for Cardano to target higher prices, it needs to break above this 100-period SMA. According to the analyst, any upside move short of this would represent a relief rally, rather than a trend reversal. However, the mid-$0.30 support is also crucial. As long as ADA keeps above it, then it can keep retesting new highs. According to the analysis, a break above the 100-period SMA would open the way for a 2x rally for Cardano. A shared chart shows that the next major resistance lies at the 1.271 Fibonacci extension at $0.886. It bears mentioning that this move remains highly speculative and based on analysis rather than an assured price prediction. As such, it is not financial advice. #CryptoNewsCommunity

"Cardano Analysis: ADA Can Deliver a 2x Rally If It Reclaims This Stronghold"

#Cardano consolidates around a key support area but has faced severe selling pressure from a decisive resistance level above.
Attempts to reclaim this supply zone have proved abortive, with the support below keeping momentum alive. This consolidation may continue until Cardano prevails over the stronghold resistance, paving the path for higher prices.
Key Points
Cardano consolidates around a key support area in the mid-$0.30s but has faced severe selling pressure from a decisive resistance level above.Attempts to reclaim this 100-period SMA supply zone have proved abortive, with the support below keeping momentum alive.For Cardano to target higher prices, it needs to break above this 100-period SMA.A break above the 100-period SMA would open the way for a 2x rally for Cardano.
Cardano Sits at Major Support Zone
A bright start to the year was cut short when Cardano dumped violently from $0.428 on January 14 to the lows of $0.342 five days later. Meanwhile, the coin has stabilized around a key support in the mid-$0.30s, a TradingView analysis from CoinCodex highlighted.
The commentary noted that this support level has been the first to cushion selling pressure. Instead of ADA slowly correcting, as previously seen after a rejection, it has stabilized around the $0.35 support level.
However, CoinCodex emphasized that this does not suggest the bottom is in, just that market participants are beginning to digest earlier moves without emotion. The analyst added that dips into this supply zone are getting absorbed faster than before.
The recent market trend confirms this. Specifically, ADA has rebounded from its lows of $0.342 to $0.373 two days ago before retracing slightly to $0.360 at the time of writing.
Cardano Struggles with Higher Prices
Despite stabilizing at the current support, attempts to reclaim higher resistance areas have not yielded much result. The analysis highlighted that the $0.396 level, aligning with the 100-period simple moving average at the time, has repeatedly rejected higher prices.
Cardano fell below this indicator during the January 18 dip and failed to reclaim the area. Currently, the indicator stands at $0.388, 7% below the market price.
What ADA Needs to Do
Notably, the commentary highlighted that for Cardano to target higher prices, it needs to break above this 100-period SMA. According to the analyst, any upside move short of this would represent a relief rally, rather than a trend reversal.
However, the mid-$0.30 support is also crucial. As long as ADA keeps above it, then it can keep retesting new highs.
According to the analysis, a break above the 100-period SMA would open the way for a 2x rally for Cardano. A shared chart shows that the next major resistance lies at the 1.271 Fibonacci extension at $0.886.

It bears mentioning that this move remains highly speculative and based on analysis rather than an assured price prediction. As such, it is not financial advice.
#CryptoNewsCommunity
Senator Cynthia Lummis Says, Let’s Get the CLARITY Act Passed Before It’s Too Late. Wyoming Senator Cynthia Lummis has called on US lawmakers to swiftly pass the CLARITY Act, which would bring structure to the US crypto market. According to her, the CLARITY Act “locks in protection” for the sector against future anti-crypto leaders like Elizabeth Warren. The CLARITY Act, which provides clearer insight into the regulation of digital assets, has become a topic of interest to US lawmakers and industry leaders alike. Lummis earlier noted that a crypto president is on the ground to implement the agreed-upon regulations for the industry. #CryptoNewss
Senator Cynthia Lummis Says, Let’s Get the CLARITY Act Passed Before It’s Too Late.

Wyoming Senator Cynthia Lummis has called on US lawmakers to swiftly pass the CLARITY Act, which would bring structure to the US crypto market.

According to her, the CLARITY Act “locks in protection” for the sector against future anti-crypto leaders like Elizabeth Warren.

The CLARITY Act, which provides clearer insight into the regulation of digital assets, has become a topic of interest to US lawmakers and industry leaders alike.

Lummis earlier noted that a crypto president is on the ground to implement the agreed-upon regulations for the industry.

#CryptoNewss
"XRP Price Forecast for Jan 23: Key Levels XRP Needs to Break for a Directional Move"#XRP faces key resistance and support levels, with a breakout above resistance potentially signaling a directional move. XRP has seen notable movement in the past day, changing hands at approximately $1.90 after experiencing a 2.7% drop. The price initially reached a high of $1.96 before descending to the lower end of its daily range, settling just above $1.90. The chart shows consistent downward pressure throughout the day, with XRP failing to hold above the $1.95 level. Despite this recent decline, XRP has shown positive performance over a longer time frame. Over the past 30 days, the token has gained 2.8%, suggesting some degree of resilience amid the current retracement. However, the weekly performance shows a steeper drop of 8.2%. As XRP continues to experience intraday volatility, traders will be looking for key support levels to determine whether a reversal or continued decline is likely. What’s Next for XRP? XRP’s daily chart indicates bearish activity in the market, with the price fluctuating below the Parabolic SAR. For any strong trend to form, the price must break the Parabolic SAR resistance at $2.14, a crucial level that has provided resistance in the past. Looking at the MACD indicator, the bars have transitioned to negative territory, which could signal a shift in momentum toward the downside. The MACD line is also trending below the signal line, a sign that bears have been dominant in the recent past. For any upward move to occur, the bulls need to flip the histogram to green and push the MACD line above the signal line. If XRP manages to hold above its support at $1.86, breach the Parabolic SAR, and flip MACD bullish, a move toward $2.16 or even $2.35 could be expected. Alternatively, failure to breach the Parabolic SAR may lead to a retracement back toward the $1.80 support zone. Next XRP Move to Occur Today? Another analyst, Maxi, shared his perspective on X, stating that he believes the next significant move for XRP will occur today. This statement is in line with the technical indicators observed on the chart, where XRP appears to be testing a critical resistance level.  As the price action consolidates near the trendline, there is potential for a breakout, which could signal the next directional move for the fifth-largest crypto by market cap. His chart shows a potential target above $2.50 if the breakout occurs. #Crypto

"XRP Price Forecast for Jan 23: Key Levels XRP Needs to Break for a Directional Move"

#XRP faces key resistance and support levels, with a breakout above resistance potentially signaling a directional move.
XRP has seen notable movement in the past day, changing hands at approximately $1.90 after experiencing a 2.7% drop. The price initially reached a high of $1.96 before descending to the lower end of its daily range, settling just above $1.90. The chart shows consistent downward pressure throughout the day, with XRP failing to hold above the $1.95 level.
Despite this recent decline, XRP has shown positive performance over a longer time frame. Over the past 30 days, the token has gained 2.8%, suggesting some degree of resilience amid the current retracement. However, the weekly performance shows a steeper drop of 8.2%. As XRP continues to experience intraday volatility, traders will be looking for key support levels to determine whether a reversal or continued decline is likely.
What’s Next for XRP?
XRP’s daily chart indicates bearish activity in the market, with the price fluctuating below the Parabolic SAR. For any strong trend to form, the price must break the Parabolic SAR resistance at $2.14, a crucial level that has provided resistance in the past.

Looking at the MACD indicator, the bars have transitioned to negative territory, which could signal a shift in momentum toward the downside. The MACD line is also trending below the signal line, a sign that bears have been dominant in the recent past. For any upward move to occur, the bulls need to flip the histogram to green and push the MACD line above the signal line.
If XRP manages to hold above its support at $1.86, breach the Parabolic SAR, and flip MACD bullish, a move toward $2.16 or even $2.35 could be expected. Alternatively, failure to breach the Parabolic SAR may lead to a retracement back toward the $1.80 support zone.
Next XRP Move to Occur Today?
Another analyst, Maxi, shared his perspective on X, stating that he believes the next significant move for XRP will occur today. This statement is in line with the technical indicators observed on the chart, where XRP appears to be testing a critical resistance level. 

As the price action consolidates near the trendline, there is potential for a breakout, which could signal the next directional move for the fifth-largest crypto by market cap. His chart shows a potential target above $2.50 if the breakout occurs.
#Crypto
European lawmakers have agreed to freeze the EU-US trade deal, following President Donald Trump's tariff threats over Greenland.
European lawmakers have agreed to freeze the EU-US trade deal, following President Donald Trump's tariff threats over Greenland.
The current consolidatory momentum has seen #Cardano retest a key descending trendline, creating two possible price scenarios. Key Points Cardano previously broke above a descending trendline that had suppressed its price since October 2025, following its over 30% rally in the first six days of 2026.However, the current pullback has seen Cardano retest the descending trendline, creating two possible price scenarios.If the retest level holds, then another wave of bullish price action could follow for Cardano.The key levels to watch if the current downside pressure persists are the demand zones at $0.329 and $0.278. Cardano Retests Breakout Point Notably, Cardano broke out from a descending trendline that had suppressed its price since October 2025, following its over 30% rally in the first six days of 2026. However, as is typical of most breakouts, a retest has ensued. A mixture of a broader market bearish trend and a structured technical move has drawn ADA back to the breakout area. Specifically, the Monday dump to $0.34 saw the coin retreat to the former neckline resistance and rebound. If this level holds, another wave of bullish price action could follow. However, this remains subject to the broader market trend, which is difficult to predict. Interestingly, the breakout also marked the first wave of a five-wave Elliot Wave pattern. If Cardano gains momentum above this breakout point, the January 19 drop would mark the end of the corrective wave 2. Key Areas ADA Could Retest Currently, momentum looks weak, and prices may trend lower. The key levels to watch if the downside pressure persists are the demand zones at $0.329 and $0.278. On the upside, a successful retest could see Cardano retest the early January high and its former lower highs within the descending trendline. The levels include $0.43, the November 11 high of $0.60, and the October 13 peak price of $0.73. A separate 1D chart analysis also confirms this. If ADA breaks the $0.33 support, it will retest $0.27. However, a bounce from the support could take the asset towards the $0.50 price level.
The current consolidatory momentum has seen #Cardano retest a key descending trendline, creating two possible price scenarios.
Key Points
Cardano previously broke above a descending trendline that had suppressed its price since October 2025, following its over 30% rally in the first six days of 2026.However, the current pullback has seen Cardano retest the descending trendline, creating two possible price scenarios.If the retest level holds, then another wave of bullish price action could follow for Cardano.The key levels to watch if the current downside pressure persists are the demand zones at $0.329 and $0.278.
Cardano Retests Breakout Point
Notably, Cardano broke out from a descending trendline that had suppressed its price since October 2025, following its over 30% rally in the first six days of 2026. However, as is typical of most breakouts, a retest has ensued. A mixture of a broader market bearish trend and a structured technical move has drawn ADA back to the breakout area. Specifically, the Monday dump to $0.34 saw the coin retreat to the former neckline resistance and rebound. If this level holds, another wave of bullish price action could follow. However, this remains subject to the broader market trend, which is difficult to predict.
Interestingly, the breakout also marked the first wave of a five-wave Elliot Wave pattern. If Cardano gains momentum above this breakout point, the January 19 drop would mark the end of the corrective wave 2.
Key Areas ADA Could Retest
Currently, momentum looks weak, and prices may trend lower. The key levels to watch if the downside pressure persists are the demand zones at $0.329 and $0.278.
On the upside, a successful retest could see Cardano retest the early January high and its former lower highs within the descending trendline. The levels include $0.43, the November 11 high of $0.60, and the October 13 peak price of $0.73.
A separate 1D chart analysis also confirms this. If ADA breaks the $0.33 support, it will retest $0.27. However, a bounce from the support could take the asset towards the $0.50 price level.
"XRP Has Almost Erased Its 2026 Gains After Rising to $2.41"#XRP took off in the first week of the year on the back of renewed momentum from a fresh start and capital shift into the regulated products tracking the asset. However, this buzz has since stalled, and growing skepticism among market participants has weighed on the coin’s trajectory. Key Points Despite a strong start to the year, XRP has relinquished most of its gains.XRP started the year bullishly, soaring roughly 31% in six days to reach a high of $2.41.At the time of writing, the coin is trading at $1.91, down 20.7% from its January 6 high.The early January rally came amid strong inflows from crypto ETPs, suggesting renewed investor traction.However, macroeconomic uncertainties have reshaped XRP and the entire crypto ecosystem’s trajectory.Standard Chartered expects XRP to reach $8 by the end of the year, suggesting a turnaround from current consolidation. XRP Cuts Back Earlier 31% Gains TradingView data shows XRP started the year at $1.84. Notably, this marked a steep decline for an asset that started 2025 brightly and even reached a multi-year high of $3.67 six months back. However, after ending 2025 bearish, XRP started 2026 on a bullish note, soaring roughly 31% in six days to reach a high of $2.41. This resurgence sparked optimism among enthusiasts, who lauded its outperformance over Bitcoin, Ethereum, and Solana. During this run, XRP reclaimed the third spot in the cryptocurrency standings by market cap (excluding stablecoins), flipping BNB. However, like most other cryptocurrencies, XRP has given back a chunk of its gains. At the time of writing, the coin is trading at $1.91, down 20.7% from its January 6 high. When it dropped to $1.84 on January 19, the entire yearly gains disappeared before a rebound took its YTD increase to just 3.8%. Major Events That Shaped Prices Notably, the rally came amid strong inflows from crypto ETPs, suggesting renewed investor traction. Digital asset investment vehicles attracted over $1 billion in the first few trading days of the year, as retail and institutions seek exposure to the sector. XPR spot ETFs saw inflows of $78.81 million in the first three trading days, building on their exploits last year. This influx, coupled with a broader market rebound, spurred the run to $2.41 early enough this month. However, macroeconomic uncertainties have reshaped XRP and the entire crypto ecosystem’s trajectory. The chances of an interest rate cut dimmed as key data showed little progress, and delays to the CLARITY bill started to weigh on investor sentiment. While XRP weathered that uncertainty, Donald Trump played the tariff-hike card again, pushing the token below the psychological $2 price level. What Comes Next for XRP? Usually, macroeconomic setbacks of this nature are temporary, and analysts expect a rebound. Still, the four-year crypto cycle narrative would play a crucial role in steadying the market sentiments. If Bitcoin starts a supercycle as industry leaders have predicted, XRP could follow suit. The market structure bill will also help sentiment. While prominent leaders are split on the potency of the current draft to deliver the regulatory clarity clamored for, many still believe it would have a significant impact on the sector’s adoption. Additionally, XRP has received several recognitions as a payment alternative to legacy systems. If this narrative gains traction and drives further adoption, XRP could react positively. For price outlooks, Standard Chartered has suggested that XRP would reach $8 by the end of the year, projecting a turnaround from current consolidation. Remarkably, this remains speculative, and nothing is certain in the crypto market, which is highly volatile. #CryptoNewsCommunity

"XRP Has Almost Erased Its 2026 Gains After Rising to $2.41"

#XRP took off in the first week of the year on the back of renewed momentum from a fresh start and capital shift into the regulated products tracking the asset. However, this buzz has since stalled, and growing skepticism among market participants has weighed on the coin’s trajectory.
Key Points
Despite a strong start to the year, XRP has relinquished most of its gains.XRP started the year bullishly, soaring roughly 31% in six days to reach a high of $2.41.At the time of writing, the coin is trading at $1.91, down 20.7% from its January 6 high.The early January rally came amid strong inflows from crypto ETPs, suggesting renewed investor traction.However, macroeconomic uncertainties have reshaped XRP and the entire crypto ecosystem’s trajectory.Standard Chartered expects XRP to reach $8 by the end of the year, suggesting a turnaround from current consolidation.
XRP Cuts Back Earlier 31% Gains
TradingView data shows XRP started the year at $1.84. Notably, this marked a steep decline for an asset that started 2025 brightly and even reached a multi-year high of $3.67 six months back.
However, after ending 2025 bearish, XRP started 2026 on a bullish note, soaring roughly 31% in six days to reach a high of $2.41. This resurgence sparked optimism among enthusiasts, who lauded its outperformance over Bitcoin, Ethereum, and Solana. During this run, XRP reclaimed the third spot in the cryptocurrency standings by market cap (excluding stablecoins), flipping BNB.
However, like most other cryptocurrencies, XRP has given back a chunk of its gains. At the time of writing, the coin is trading at $1.91, down 20.7% from its January 6 high. When it dropped to $1.84 on January 19, the entire yearly gains disappeared before a rebound took its YTD increase to just 3.8%.
Major Events That Shaped Prices
Notably, the rally came amid strong inflows from crypto ETPs, suggesting renewed investor traction. Digital asset investment vehicles attracted over $1 billion in the first few trading days of the year, as retail and institutions seek exposure to the sector.
XPR spot ETFs saw inflows of $78.81 million in the first three trading days, building on their exploits last year. This influx, coupled with a broader market rebound, spurred the run to $2.41 early enough this month.
However, macroeconomic uncertainties have reshaped XRP and the entire crypto ecosystem’s trajectory. The chances of an interest rate cut dimmed as key data showed little progress, and delays to the CLARITY bill started to weigh on investor sentiment. While XRP weathered that uncertainty, Donald Trump played the tariff-hike card again, pushing the token below the psychological $2 price level.
What Comes Next for XRP?
Usually, macroeconomic setbacks of this nature are temporary, and analysts expect a rebound. Still, the four-year crypto cycle narrative would play a crucial role in steadying the market sentiments. If Bitcoin starts a supercycle as industry leaders have predicted, XRP could follow suit.
The market structure bill will also help sentiment. While prominent leaders are split on the potency of the current draft to deliver the regulatory clarity clamored for, many still believe it would have a significant impact on the sector’s adoption.
Additionally, XRP has received several recognitions as a payment alternative to legacy systems. If this narrative gains traction and drives further adoption, XRP could react positively.
For price outlooks, Standard Chartered has suggested that XRP would reach $8 by the end of the year, projecting a turnaround from current consolidation. Remarkably, this remains speculative, and nothing is certain in the crypto market, which is highly volatile.
#CryptoNewsCommunity
"Dogecoin Prediction for Jan 21: Can DOGE Hold Above Key Fib Support to Test $0.129?"#Dogecoin shows potential for a bullish shift after breaking key resistance, but it needs to maintain support to avoid further downside risks. Dogecoin (DOGE) has experienced a 1.5% decline in the past 24 hours, currently trading around $0.1257. The daily price range has fluctuated between a low of $0.1279 and a high of $0.1231, showing some intraday volatility. Despite the short-term decline, Dogecoin has exhibited a modest recovery, moving toward the middle of its daily range and currently consolidating in a straight line. In the longer term, Dogecoin is facing persistent pressure, down 15.9% over the past 7 days and 15.3% over the past 14 days. Despite this, the coin remains heavily traded, with a 24-hour trading volume of $1.29 billion, up over 36%. Market participants will be watching closely to see if Dogecoin can maintain support or if it will reverse again to the downside. Dogecoin Price Prediction Dogecoin’s recent price action suggests some buying pressure after reaching key Fibonacci levels. The daily chart indicates that Dogecoin recently tested but fell below the 1 level at $0.1297. However, while heading towards the 1.681 level at $0.116, the price found support at $0.120 and is now aiming to retest $0.129.  The Awesome Oscillator currently shows a negative value, indicating weakness in the buying momentum. For momentum to shift completely, the oscillator needs to flip green and retain the positive values. The Fibonacci retracement levels are providing critical support and resistance zones. The 1 level now acts as the immediate resistance area during the recent price recovery. If DOGE continues to find support around $0.120 and can break above the 1 level, a move back toward $0.134 and possibly higher toward the $0.140 level could be in store. However, failure to maintain the support could lead to a further test of the 1.618 extension at $0.11640, where the price could stabilize before making another attempt. DOGE Sees First Bullish Divergence Elsewhere, analyst Trader Tardigrade on X points out a bullish divergence signal in Dogecoin’s 4-hour chart, highlighting the first breakout from the previous downtrend. The chart shows that Dogecoin has broken above a key downward trendline, with the divergence in the price and RSI breakout indicating strong upward potential. This breakout could signal the start of a more sustained bullish movement for Dogecoin, with traders now closely watching for confirmation. #CryptoNewss

"Dogecoin Prediction for Jan 21: Can DOGE Hold Above Key Fib Support to Test $0.129?"

#Dogecoin shows potential for a bullish shift after breaking key resistance, but it needs to maintain support to avoid further downside risks.
Dogecoin (DOGE) has experienced a 1.5% decline in the past 24 hours, currently trading around $0.1257. The daily price range has fluctuated between a low of $0.1279 and a high of $0.1231, showing some intraday volatility. Despite the short-term decline, Dogecoin has exhibited a modest recovery, moving toward the middle of its daily range and currently consolidating in a straight line.
In the longer term, Dogecoin is facing persistent pressure, down 15.9% over the past 7 days and 15.3% over the past 14 days. Despite this, the coin remains heavily traded, with a 24-hour trading volume of $1.29 billion, up over 36%. Market participants will be watching closely to see if Dogecoin can maintain support or if it will reverse again to the downside.
Dogecoin Price Prediction
Dogecoin’s recent price action suggests some buying pressure after reaching key Fibonacci levels. The daily chart indicates that Dogecoin recently tested but fell below the 1 level at $0.1297. However, while heading towards the 1.681 level at $0.116, the price found support at $0.120 and is now aiming to retest $0.129. 

The Awesome Oscillator currently shows a negative value, indicating weakness in the buying momentum. For momentum to shift completely, the oscillator needs to flip green and retain the positive values.
The Fibonacci retracement levels are providing critical support and resistance zones. The 1 level now acts as the immediate resistance area during the recent price recovery.
If DOGE continues to find support around $0.120 and can break above the 1 level, a move back toward $0.134 and possibly higher toward the $0.140 level could be in store. However, failure to maintain the support could lead to a further test of the 1.618 extension at $0.11640, where the price could stabilize before making another attempt.
DOGE Sees First Bullish Divergence
Elsewhere, analyst Trader Tardigrade on X points out a bullish divergence signal in Dogecoin’s 4-hour chart, highlighting the first breakout from the previous downtrend. The chart shows that Dogecoin has broken above a key downward trendline, with the divergence in the price and RSI breakout indicating strong upward potential.

This breakout could signal the start of a more sustained bullish movement for Dogecoin, with traders now closely watching for confirmation.
#CryptoNewss
"Shiba Inu Forms Bearish Continuation Pattern"#shiba⚡ Inu shows further signs of correction, as weak price momentum has led to the formation of a bearish continuation pattern. The pattern becomes visible following SHIB’s 5% drop yesterday, joining a broader market trend. Unless Shiba Inu regains momentum immediately, the bearish structure suggests a further price decline. Key Points Shiba Inu shows deeper signs of correction, as weak price momentum has led to a bearish continuation pattern forming.The chart formation shows a bearish continuation pattern, with prices experiencing a sharp decline, a quick pullback to retest previous support levels, and a subsequent sideways trend targeting lower demand zones.Unless Shiba Inu regains momentum immediately, the bearish structure suggests a further price decline to January 19 lows around $0.00000745 and possibly its late December lows around $0.00000682Shiba Inu could invalidate the bearish continuation pattern if it breaks above the Tuesday high of $0.00000815. Bearish Shiba Inu Structure For perspective, Shiba Inu dropped to $0.00000745 on January 19, as the heat of Donald Trump’s tariff war impacted the crypto market extensively. However, the meme coin showed resilience, recovering nicely to close at $0.00000814. Nonetheless, the 1-hour chart paints a cautious picture. The quick rebound pushed the token to a notable supply zone around the $0.0000081 price region. Higher price rejection followed a push to $0.000008115 on Tuesday, as weak price momentum failed to conquer the resistance around the area. Since then, sellers have been on top, pushing prices lower. Moreover, the chart formation shows a bearish continuation pattern, with prices experiencing a sharp decline, a quick pullback to retest previous support levels, and a subsequent sideways trend targeting lower demand zones. What Does This Mean for SHIB Price If Shiba Inu does not disrupt this structure, then it could retrace to lower prices. The chart shows a possible retest of its January 19 lows around $0.00000745. A much lower push could see the token consolidate to its late December lows around $0.00000682. However, Shiba Inu could turn things around if it sustains ongoing recovery and breaks above the Tuesday high of $0.00000815. The move would invalidate the bearish continuation pattern and set SHIB up for higher prices. The first area that SHIB could reclaim in this scenario is the $0.0000084 level, where it started its January 19 correction. It bears mentioning that these are likely scenarios based on technical analysis. The outlook does not favor one direction over the other, as both have equal chances of playing out. As a result, the choice of position is solely at your discretion, as this is not financial advice. #Crypto

"Shiba Inu Forms Bearish Continuation Pattern"

#shiba⚡ Inu shows further signs of correction, as weak price momentum has led to the formation of a bearish continuation pattern.
The pattern becomes visible following SHIB’s 5% drop yesterday, joining a broader market trend. Unless Shiba Inu regains momentum immediately, the bearish structure suggests a further price decline.
Key Points
Shiba Inu shows deeper signs of correction, as weak price momentum has led to a bearish continuation pattern forming.The chart formation shows a bearish continuation pattern, with prices experiencing a sharp decline, a quick pullback to retest previous support levels, and a subsequent sideways trend targeting lower demand zones.Unless Shiba Inu regains momentum immediately, the bearish structure suggests a further price decline to January 19 lows around $0.00000745 and possibly its late December lows around $0.00000682Shiba Inu could invalidate the bearish continuation pattern if it breaks above the Tuesday high of $0.00000815.
Bearish Shiba Inu Structure
For perspective, Shiba Inu dropped to $0.00000745 on January 19, as the heat of Donald Trump’s tariff war impacted the crypto market extensively. However, the meme coin showed resilience, recovering nicely to close at $0.00000814.
Nonetheless, the 1-hour chart paints a cautious picture. The quick rebound pushed the token to a notable supply zone around the $0.0000081 price region. Higher price rejection followed a push to $0.000008115 on Tuesday, as weak price momentum failed to conquer the resistance around the area.
Since then, sellers have been on top, pushing prices lower. Moreover, the chart formation shows a bearish continuation pattern, with prices experiencing a sharp decline, a quick pullback to retest previous support levels, and a subsequent sideways trend targeting lower demand zones.

What Does This Mean for SHIB Price
If Shiba Inu does not disrupt this structure, then it could retrace to lower prices. The chart shows a possible retest of its January 19 lows around $0.00000745. A much lower push could see the token consolidate to its late December lows around $0.00000682.
However, Shiba Inu could turn things around if it sustains ongoing recovery and breaks above the Tuesday high of $0.00000815. The move would invalidate the bearish continuation pattern and set SHIB up for higher prices. The first area that SHIB could reclaim in this scenario is the $0.0000084 level, where it started its January 19 correction.
It bears mentioning that these are likely scenarios based on technical analysis. The outlook does not favor one direction over the other, as both have equal chances of playing out. As a result, the choice of position is solely at your discretion, as this is not financial advice.
#Crypto
"Weekly Bullish Shiba Inu Reversal Wedge Valid as SHIB Back at Yearly Demand Zone"The earlier upward momentum for the prominent meme coin #shiba⚡ Inu has decayed, pushing prices back to the yearly demand stronghold. Shiba Inu (SHIB) dropped to the support level following its Trump tariff-inspired decline to $0.00000745 yesterday, in line with broader crypto market trends. While this has cut down the asset’s year-to-date profitability from 46% to 13.9%, it could be part of a broader bullish formation. Key Points Shiba has collapsed to the yearly support from which it bounced on January 1.The recent SHIB consolidation also aligns with a trend within a tightening descending channel on the weekly chart.Two scenarios are possible here: further decline to retest the wedge’s lower support trendline or a bullish reversal to target its neckline resistance.Further downsides will see SHIB retest multi-year lows, while reclaiming the channel’s neckline fuels the prospect of a breakout to retest multi-year highs Shiba Inu Bullish Reversal Wedge Still Valid Shiba has collapsed to the yearly support from which it bounced on January 1. The token held this higher-timeframe demand zone despite the abysmal performance in the last quarter of last year, underscoring its importance for subsequent price action. Notably, the recent consolidation also aligns with a trend within a tightening descending channel on the weekly chart. Shiba Inu has remained trapped within this structure since its May 2025 high of $0.00001765, and multiple attempts to break free have failed. The recent drop to the yearly support still aligns with the trend within the channel. Meanwhile, two scenarios are possible here: further decline to retest the wedge’s lower support trendline or a bullish reversal to target its neckline resistance. Each outcome depends on the prevailing momentum around Shiba Inu and the broader crypto market mood. Specifically, further downsides will see SHIB retest multi-year lows. However, reclaiming the channel’s neckline fuels the prospect of a breakout to retest multi-year highs. Lower Timeframe Confirmation On the daily chart, this accumulation within the descending channel remains in place. The January 5 swing to $0.00001009 saw Shiba Inu make its closest reach for the upper resistance trendline since September 2025. If Shiba Inu recovers from the recent price rejection and resumes another northward push, it could target the upper resistance trendline at $0.0000110. However, an opposite price trend may occur, and prices could continue to trend lower.  Hence, this outlook is based solely on data and technical developments and provides no certainty, nor is it financial advice. #CryptoNewsFlash

"Weekly Bullish Shiba Inu Reversal Wedge Valid as SHIB Back at Yearly Demand Zone"

The earlier upward momentum for the prominent meme coin #shiba⚡ Inu has decayed, pushing prices back to the yearly demand stronghold.
Shiba Inu (SHIB) dropped to the support level following its Trump tariff-inspired decline to $0.00000745 yesterday, in line with broader crypto market trends. While this has cut down the asset’s year-to-date profitability from 46% to 13.9%, it could be part of a broader bullish formation.
Key Points
Shiba has collapsed to the yearly support from which it bounced on January 1.The recent SHIB consolidation also aligns with a trend within a tightening descending channel on the weekly chart.Two scenarios are possible here: further decline to retest the wedge’s lower support trendline or a bullish reversal to target its neckline resistance.Further downsides will see SHIB retest multi-year lows, while reclaiming the channel’s neckline fuels the prospect of a breakout to retest multi-year highs
Shiba Inu Bullish Reversal Wedge Still Valid
Shiba has collapsed to the yearly support from which it bounced on January 1. The token held this higher-timeframe demand zone despite the abysmal performance in the last quarter of last year, underscoring its importance for subsequent price action.
Notably, the recent consolidation also aligns with a trend within a tightening descending channel on the weekly chart. Shiba Inu has remained trapped within this structure since its May 2025 high of $0.00001765, and multiple attempts to break free have failed.

The recent drop to the yearly support still aligns with the trend within the channel. Meanwhile, two scenarios are possible here: further decline to retest the wedge’s lower support trendline or a bullish reversal to target its neckline resistance. Each outcome depends on the prevailing momentum around Shiba Inu and the broader crypto market mood.
Specifically, further downsides will see SHIB retest multi-year lows. However, reclaiming the channel’s neckline fuels the prospect of a breakout to retest multi-year highs.
Lower Timeframe Confirmation
On the daily chart, this accumulation within the descending channel remains in place. The January 5 swing to $0.00001009 saw Shiba Inu make its closest reach for the upper resistance trendline since September 2025.
If Shiba Inu recovers from the recent price rejection and resumes another northward push, it could target the upper resistance trendline at $0.0000110. However, an opposite price trend may occur, and prices could continue to trend lower. 
Hence, this outlook is based solely on data and technical developments and provides no certainty, nor is it financial advice.
#CryptoNewsFlash
#Ethereum must reclaim key resistance levels to stabilize and avoid further downside, with analysts expecting a potential surge toward higher targets. Notably, Ethereum (ETH) is trading near $3,115, down about 2.3% over the past 24 hours, reflecting renewed selling pressure across the broader crypto market. The intraday chart shows ETH spending much of the session consolidating above $3,200 before a late-session drop pushed the price toward the $3,100 region. From a broader performance view, Ethereum’s weakness is mostly short-term. The asset is nearly flat over the past 7 days (-0.1%) and down 3.4% over 14 days.  Ethereum Price Analysis Ethereum’s daily chart shows growing short-term weakness as price slips below key Alligator indicator levels. ETH is trading at the lower end of its trading range, with the Jaw around $3,168, Teeth near $3,206, and Lips around $3,230, all positioned above the current price. This alignment signals a bearish phase, as price is trading below all three moving averages, indicating sellers remain in control. The Alligator lines are also starting to fan out slightly, which often suggests the market is transitioning from consolidation into a directional move, currently biased to the downside. Moreover, momentum indicators add to this cautious outlook. The MACD has turned negative, with the histogram printing red bars and the MACD line crossing below the signal line. This reflects fading bullish momentum following the early-January rebound and confirms that recent selling pressure is not just price noise but supported by momentum deterioration. Taken together, the indicators suggest Ethereum is in a short-term corrective phase. A recovery would likely require ETH to reclaim the $3,200–$3,230 zone, where the Alligator’s Lips and Teeth could converge, to signal renewed bullish control. Until then, downside risk remains elevated, with traders closely watching whether ETH can stabilize above the psychological $3,100 level or faces further pressure toward lower support zones. #CryptoNewsCommunity
#Ethereum must reclaim key resistance levels to stabilize and avoid further downside, with analysts expecting a potential surge toward higher targets. Notably, Ethereum (ETH) is trading near $3,115, down about 2.3% over the past 24 hours, reflecting renewed selling pressure across the broader crypto market. The intraday chart shows ETH spending much of the session consolidating above $3,200 before a late-session drop pushed the price toward the $3,100 region. From a broader performance view, Ethereum’s weakness is mostly short-term. The asset is nearly flat over the past 7 days (-0.1%) and down 3.4% over 14 days. 
Ethereum Price Analysis
Ethereum’s daily chart shows growing short-term weakness as price slips below key Alligator indicator levels. ETH is trading at the lower end of its trading range, with the Jaw around $3,168, Teeth near $3,206, and Lips around $3,230, all positioned above the current price. This alignment signals a bearish phase, as price is trading below all three moving averages, indicating sellers remain in control. The Alligator lines are also starting to fan out slightly, which often suggests the market is transitioning from consolidation into a directional move, currently biased to the downside. Moreover, momentum indicators add to this cautious outlook. The MACD has turned negative, with the histogram printing red bars and the MACD line crossing below the signal line. This reflects fading bullish momentum following the early-January rebound and confirms that recent selling pressure is not just price noise but supported by momentum deterioration. Taken together, the indicators suggest Ethereum is in a short-term corrective phase. A recovery would likely require ETH to reclaim the $3,200–$3,230 zone, where the Alligator’s Lips and Teeth could converge, to signal renewed bullish control. Until then, downside risk remains elevated, with traders closely watching whether ETH can stabilize above the psychological $3,100 level or faces further pressure toward lower support zones.
#CryptoNewsCommunity
"XRP Price Prediction for Jan 20: Bulls Need to Break Above $2.08 or Retest $1.86 Support"#XRP must break above key resistance levels to trigger a bullish shift, while failing to do so could lead to a retest of critical support. XRP is currently trading at $1.95, down about 0.3% in the last 24 hours. The price action has been relatively negative within this period, with a daily range between $1.94 and $2.02. The 24-hour trading volume remains significant at $2.84 billion; however, the volume has dropped 19.03%. Over higher time frames, XRP’s recent performance has been a mix of volatility and a general decline, with a 5.5% drop over the last 7 days and 17.9% loss in the past 14 days. However, XRP has shown some resilience over the last 30 days, up by 1.6%, indicating that the asset faces near-term downward pressure. Where’s XRP Headed? On the technical end, the Bollinger Bands indicator shows the price is approaching the lower band, currently set at $1.8687. This could signal a potential reversal or at least a temporary support area, but the price is still clearly under pressure as it remains below the middle band around $2.0830. Elsewhere, the Average Directional Index at 23.29 indicates that the market’s trend strength is moderate but moving to the downside. While this suggests some trend activity, the relatively low reading points to a lack of strong directional momentum. Traders may need to wait for the price to either break above the middle band or retest support near the lower band to determine the next move. If XRP can break above the $2.08 level and hold above it, there may be potential for a bullish shift. Otherwise, failure to recover could bring further downside risk. XRP Approaches a Bullish Cross Per a recent chart by ChartNerd, XRP is showing potential for a bullish breakout in the coming weeks. The price is nearing a key level where it could break its descending resistance, forming a bullish cross on the weekly MACD. If this occurs, it could signal the start of a strong upward movement, similar to the previous bullish cross that drove XRP to new all-time highs. As XRP approaches this critical juncture, market watchers are closely monitoring these indicators, with the expectation that a clean break above current resistance levels could lead to a surge in price. #CryptoNewss

"XRP Price Prediction for Jan 20: Bulls Need to Break Above $2.08 or Retest $1.86 Support"

#XRP must break above key resistance levels to trigger a bullish shift, while failing to do so could lead to a retest of critical support.
XRP is currently trading at $1.95, down about 0.3% in the last 24 hours. The price action has been relatively negative within this period, with a daily range between $1.94 and $2.02. The 24-hour trading volume remains significant at $2.84 billion; however, the volume has dropped 19.03%.
Over higher time frames, XRP’s recent performance has been a mix of volatility and a general decline, with a 5.5% drop over the last 7 days and 17.9% loss in the past 14 days. However, XRP has shown some resilience over the last 30 days, up by 1.6%, indicating that the asset faces near-term downward pressure.
Where’s XRP Headed?
On the technical end, the Bollinger Bands indicator shows the price is approaching the lower band, currently set at $1.8687. This could signal a potential reversal or at least a temporary support area, but the price is still clearly under pressure as it remains below the middle band around $2.0830.

Elsewhere, the Average Directional Index at 23.29 indicates that the market’s trend strength is moderate but moving to the downside. While this suggests some trend activity, the relatively low reading points to a lack of strong directional momentum.
Traders may need to wait for the price to either break above the middle band or retest support near the lower band to determine the next move. If XRP can break above the $2.08 level and hold above it, there may be potential for a bullish shift. Otherwise, failure to recover could bring further downside risk.
XRP Approaches a Bullish Cross
Per a recent chart by ChartNerd, XRP is showing potential for a bullish breakout in the coming weeks. The price is nearing a key level where it could break its descending resistance, forming a bullish cross on the weekly MACD.

If this occurs, it could signal the start of a strong upward movement, similar to the previous bullish cross that drove XRP to new all-time highs. As XRP approaches this critical juncture, market watchers are closely monitoring these indicators, with the expectation that a clean break above current resistance levels could lead to a surge in price.
#CryptoNewss
"Cardano Needs This Level to Confirm End of Consolidation in Valid 1-2 Wave Pattern"#Cardano could be following a well-structured bullish pattern, and its price action around two key levels would either confirm or invalidate this. The recent price development for Cardano (ADA) mirrors a 1-2 wave in a broader Elliot Wave Theory structure. However, Cardano needs to reach an identified price level to confirm the structure and the end of the wave 2 correctional push. Key Points Cardano could be following a well-structured bullish pattern, and its price action around two key levels would either confirm or invalidate this.The recent price development for Cardano mirrors a 1-2 wave setup in a broader Elliot Wave Theory structure.The January 6 peak price of $0.43 was the first wave of the structure.Wave 2—typically corrective—started after the end of the early January bullish session, steering Cardano to drop to its January 19 low of $0.34.Cardano would confirm the Elliot Wave pattern when it breaks above $0.404, representing a 10% growth from here.ADA can also invalidate this Elliot Wave structure formation if it drops to $0.328.  Cardano in a Valid 1-2 Wave Pattern? Research firm More Crypto Online identified in its recent X post that Cardano is in a valid 1-2 wave pattern. An accompanying chart provides further context, showing what appears to be an Elliott Wave pattern on the 30-minute timeframe. The chart labelled the January 6 peak price of $0.43 as the end of the first wave of the structure. For context, this first wave began at the $0.32 lows on December 31, 2025, spurring a 34% surge to the early January high. Notably, the chart suggested that wave 2—typically corrective—started after the end of the bullish session. This has led Cardano to drop to its January 19 low of $0.34 before rebounding to its current market standing. Confirmation and Invalidation Points Furthermore, the validity of this formation remains in contention, and More Crypto Online has shared points to confirm whether it is actually an Elliott Wave structure in the works. The platform highlighted that Cardano would confirm this pattern when it breaks above $0.404. Reaching this price level, which aligns with the lower high formation on January 17, would also confirm that ADA has formed the low for the wave 2 corrective phase. Nonetheless, the analyst also identified the potential for further correction to retest the $0.34 low, which aligns with the 78.60% Fibonacci retracement level. Meanwhile, Cardano can also invalidate this Elliot Wave structure formation if it drops to $0.328. This would imply a decline below recent lows, a move that would further add pressure on ADA’s price. If wave 2 forms completely, the next is a bullish wave 3 phase, which typically is the largest uptrend in the Elliott Wave Theory. However, this move remains speculative and would depend on several market conditions to materialize. #Crypto

"Cardano Needs This Level to Confirm End of Consolidation in Valid 1-2 Wave Pattern"

#Cardano could be following a well-structured bullish pattern, and its price action around two key levels would either confirm or invalidate this.
The recent price development for Cardano (ADA) mirrors a 1-2 wave in a broader Elliot Wave Theory structure. However, Cardano needs to reach an identified price level to confirm the structure and the end of the wave 2 correctional push.
Key Points
Cardano could be following a well-structured bullish pattern, and its price action around two key levels would either confirm or invalidate this.The recent price development for Cardano mirrors a 1-2 wave setup in a broader Elliot Wave Theory structure.The January 6 peak price of $0.43 was the first wave of the structure.Wave 2—typically corrective—started after the end of the early January bullish session, steering Cardano to drop to its January 19 low of $0.34.Cardano would confirm the Elliot Wave pattern when it breaks above $0.404, representing a 10% growth from here.ADA can also invalidate this Elliot Wave structure formation if it drops to $0.328. 
Cardano in a Valid 1-2 Wave Pattern?
Research firm More Crypto Online identified in its recent X post that Cardano is in a valid 1-2 wave pattern. An accompanying chart provides further context, showing what appears to be an Elliott Wave pattern on the 30-minute timeframe.

The chart labelled the January 6 peak price of $0.43 as the end of the first wave of the structure. For context, this first wave began at the $0.32 lows on December 31, 2025, spurring a 34% surge to the early January high.
Notably, the chart suggested that wave 2—typically corrective—started after the end of the bullish session. This has led Cardano to drop to its January 19 low of $0.34 before rebounding to its current market standing.
Confirmation and Invalidation Points
Furthermore, the validity of this formation remains in contention, and More Crypto Online has shared points to confirm whether it is actually an Elliott Wave structure in the works. The platform highlighted that Cardano would confirm this pattern when it breaks above $0.404.
Reaching this price level, which aligns with the lower high formation on January 17, would also confirm that ADA has formed the low for the wave 2 corrective phase. Nonetheless, the analyst also identified the potential for further correction to retest the $0.34 low, which aligns with the 78.60% Fibonacci retracement level.
Meanwhile, Cardano can also invalidate this Elliot Wave structure formation if it drops to $0.328. This would imply a decline below recent lows, a move that would further add pressure on ADA’s price.
If wave 2 forms completely, the next is a bullish wave 3 phase, which typically is the largest uptrend in the Elliott Wave Theory. However, this move remains speculative and would depend on several market conditions to materialize.
#Crypto
Login to explore more contents
Explore the latest crypto news
⚡️ Be a part of the latests discussions in crypto
💬 Interact with your favorite creators
👍 Enjoy content that interests you
Email / Phone number

Trending Articles

View More
Sitemap
Cookie Preferences
Platform T&Cs