Kategorie: Crypto Analysis

Key takeaways

• AVAX is up by less than 1% and is trading below $12.
• VanEck launched the first Avalanche ETF in the United States.

VanEck’s AVAX ETF goes live

The first exchange-traded fund to track the Avalanche’s native token, AVAX, and include staking rewards, launched on the NASDAQ stock exchange. 

VanEck’s Avalanche ETF debuted on Monday and is trading under the ticker symbol VAVX. According to the investment management firm, VAVX is the first and currently the only U.S.-listed ETP focused on providing investors with exposure to the price return and potential staking rewards of Avalanche’s native token, AVAX.

Avalanche is one of the leading blockchains in the crypto space. It is an EVM-compatible blockchain launched by Ava Labs in 2020 with the primary goal of improving existing crypto scalability, interoperability, and usability. 

As a smart contract blockchain, Avalanche can execute contracts automatically when certain conditions are met.  

VanEck Director of Digital Assets Kyle DaCruz pointed out that Avalanche is a unique blockchain because it can link traditional finance and blockchain.

“Avalanche’s architecture is uniquely positioned to bridge the gap between traditional finance and the on-chain economy, focusing on verifiable, real-world utility,” DaCruz added.

AVAX fails to rally

The AVAX/USD 4H chart remains bearish as AVAX fails to rally despite the launch of the VAVX ETF. At press time, AVAX is trading at $11.75.

The momentum indicators remain bearish, suggesting that the bears remain in control. The RSI of 40 is below the neutral 50, while the MACD lines below the neutral region add further bearish confluence to the pair. 

If the bearish trend continues, AVAX could retest Sunday’s low of $11.24 over the next few hours or days. An extended bearish performance could see AVAX drop below the $10 psychological level.

However, if the market recovers, AVAX could hit the first major resistance level at $12.5 in the near term.

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Key takeaways

• HYPE is up 23% in the last 24 hours and is now trading above $27.
• The rally follows a surge in commodities trading amid rising interest in safe-haven assets like Gold and Silver.

Commodity trading on Hyperliquid pushes HYPE above $27

HYPE, the native coin of the Hyperliquid decentralized exchange, is the best performer among the top 20 cryptocurrencies by market cap.

The coin is up 23% in the last 24 hours and is now trading above $27 per coin. The rally comes as Hyperliquid’s HIP-3 decentralized exchanges recorded a new milestone, with their open interest rising to a new high of $790 million.

This figure represents over 200% growth in the past month but remains below Hyperliquid’s $8 billion open interest across all markets.

HIP-3 has been around since October 3 and allows qualified developers to deploy their own perpetual futures markets on Hyperliquid’s HyperCore infrastructure.

Thanks to this framework, trading for a wide range of assets beyond traditional cryptocurrencies, including commodities, stocks, and other real-world assets are now live on Hyperliquid. 

Hyperliquid CEO Jeff Yan stated on X that,

“Hyperliquid has quietly achieved an important milestone of becoming the most liquid venue for crypto price discovery in the world. With HIP-3 teams leading the way, Hyperliquid has also grown to become the most liquid venue for perps on tradfi assets.”

The surge in trading volume can be attributed to rising interest in Gold and Interest. Investors have been pushing their money into Gold and Silver as safe havens due to heightened global economic uncertainty

Gold and Silver perpetual contracts have seen particularly strong volume as investors seek hedges against inflation and geopolitical risks.

Data obtained from Flowscan shows that HIP-3 recorded a daily trading volume of $1.29 billion over the past 24 hours, with open interest at $693.8 million at the time of publication.

HYPE faces critical resistance at $28.4

The HYPE/USD 4H chart is bullish and efficient as Hyperliquid has rallied in the last 24 hours. The coin is up 23% since Monday and is now trading above the 20-day Exponential Moving Average (EMA).

HYPE is currently trading at $27.4 and could rally towards the $28.4 resistance level in the near term. An extended rally would allow HYPE to hit the $30 psychological mark. 

The Relative Strength Index (RSI) and MACD are above their neutral levels, indicating a dominant bullish momentum.

However, if the $28 resistance holds, HYPE could retest the Monday low of $21.6 in the near term.

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Key takeaways

• Monero is down 4.5% in the last 24 hours and risks dropping below the January low.
• The coin has lost 42% of its value since hitting an all-time high price of $798 twelve days ago.

XMR continues to decline as the market remains bearish

XMR, the native coin of the Monero blockchain, is one of the worst performers among the top 20 cryptocurrencies by market cap in the last 24 hours. It has lost 4.5% since Sunday and now trades below $460.

The bearish performance comes as the broader cryptocurrency market continues to underperform. XMR defied market conditions in December and early January, rallying to a new all-time high of $798 on January 14.

Its rally was fueled by growing demand for privacy-focused cryptocurrencies, with DASH, ZEC, and ZCash also rallying during that period.

However, the rally has died, and XMR has lost 42% of its value since then. It is currently trading at $459 and risks dropping below the January low of $413 if the bearish trend continues. 

Monero could dip below the 100-day EMA support

The XMR/USD 4-hour chart is bearish and efficient as it has lost 42% in the last two weeks, suggesting reduced demand for the privacy coin.

Currently, XMR is hovering above $450, stabilizing above the 100-day EMA at $437, after a 10% drop on Sunday. 

If the bearish trend continues, XMR could drop below the January low of $413, wth the 200-day EMA at $383 still the primary trend floor. 

The MACD line stays below the signal with both falling toward the zero line, flagging firm bearish momentum. Furthermore, the RSI at 32 indicates a bearish shift as sellers retain the near-term edge without oversold conditions. 

On the flip side, if the bulls regain control, XMR could rally above the 50-day EMA at $485, clearing the path for further pump above $500.

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• Zilliqa price drops 3.6%, extending a 7-day downtrend amid weak market sentiment.
• Binance delisting and Upbit supply increase reduce liquidity and add pressure.
• Technicals show ZIL below key EMAs with RSI near oversold levels.

Zilliqa (ZIL) has seen a sharp dip in its price over the past 24 hours.

The token is currently trading at $0.004822, down 3.6%, underperforming the broader cryptocurrency market, which fell by 0.9%.

This decline extends a seven-day downtrend of approximately 7.75%, signalling sustained bearish sentiment.

Exchange delistings and market liquidity

One of the main drivers behind ZIL’s recent weakness is exchange delistings.

On January 23, 2026, Binance removed the ZIL/BTC spot trading pair as part of its market quality optimisation.

This followed a prior delisting of the ZIL/BTC margin pair in June 2025.

Delisting reduces liquidity and arbitrage opportunities for traders.

It also signals declining exchange support, often prompting sell-offs as market participants adjust their positions.

With fewer direct BTC and ETH trading pairs, ZIL now relies heavily on USD-stable pairs like ZIL/USDT for trading volume.

Traders are closely watching whether liquidity consolidates or further fragments on these remaining pairs.

Supply update adds to the downward pressure

Another factor influencing ZIL’s decline is a recent circulating supply update.

Upbit reported an increase of 443,195,861 ZIL in the first quarter of 2025.

This adjustment raised the circulating supply from roughly 19.905 billion to 20.349 billion ZIL.

The increase, representing about 2.2% of the quarterly supply, reflects staking rewards, protocol inflation, and team token unlocks.

A larger supply can dilute the value of each token if demand does not increase proportionally.

Public confirmation of the supply increase often renews focus on potential sell-side pressure, especially during periods of market weakness.

Combined with reduced exchange liquidity, the supply update has amplified bearish sentiment among traders.

ZIL technical analysis

Technical indicators further reinforce ZIL’s short-term bearish trend.

The token is trading below all major exponential moving averages on the daily chart.

Its 7-day simple moving average sits at $0.00497, while the 30-day SMA is at $0.00519, both above the current price.

The 14-day relative strength index (RSI) is 38.37, suggesting that the token is approaching oversold conditions.

Meanwhile, the weekly RSI stands at 47.00, indicating neutral market conditions.

The MACD histogram is negative at –0.000095, confirming continued bearish momentum.

These technical signals suggest that selling pressure remains, although short-term consolidation could occur due to the oversold conditions.

Zilliqa price forecast

Traders should keep a close eye on key support and resistance levels in the coming days.

The immediate support is near the recent swing low of $0.0045846, which may act as a floor for further declines, according to analysts.

On the upside, the first significant resistance is at $0.0669, a level that ZIL must close above to trigger a potential trend reversal.

Market participants should also monitor trading volumes on remaining pairs to gauge whether the sell-off is stabilising.

Short-term price action will likely be influenced by liquidity trends, supply dynamics, and technical momentum.

Until a bullish catalyst emerges, ZIL may continue to face pressure, with consolidation around current levels being the most probable scenario.

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• XRP trades near $1.88 as buyers defend the $1.80–$1.84 support zone.
• Technicals conflict as oversold signals clash with a strong downtrend.
• Break below $1.80 risks $1.70, while $2.05 is key for recovery.

XRP is trading at a critical juncture as price action compresses near a well-defined support zone.

The token is currently hovering around the $1.88 level after several sessions of persistent selling pressure.

The level has become a near-term inflection point, with buyers seeking to support prices while sellers continue to reinforce the broader downtrend.

Market participants are increasingly divided on whether XRP is forming a local bottom or preparing for another leg lower.

Macro weakness limits XRP bulls’ ability to sustain rebounds

Recent data shows XRP has erased most of its January gains amid a broader market-wide capitulation.

The wider crypto market has remained under pressure as risk sentiment deteriorates and leverage continues to unwind.

This macro weakness has limited the ability of XRP bulls to sustain rebounds, even when technical indicators flash early recovery signals.

At the same time, XRP’s long-term fundamentals continue to generate cautious optimism.

Japan’s plans to recognise XRP as a regulated financial asset under its Financial Instruments and Exchange Act have drawn significant attention.

This potential regulatory clarity could improve institutional confidence and liquidity over the medium to long term.

However, regulatory optimism has not yet translated into immediate price strength.

Short-term traders remain focused on technical structure rather than distant policy developments.

Technical signals paint a mixed picture

From a technical perspective, XRP is showing both constructive and concerning signals.

Several analysts note that XRP recently bounced from oversold territory on the Relative Strength Index (RSI).

This RSI recovery has historically preceded short-term relief rallies.

On-chain metrics also suggest declining sell pressure, with long-term holders showing signs of accumulation.

These factors support the argument that XRP may be carving out a local bottom.

However, bearish structure remains intact on higher timeframes.

XRP continues to trade below a descending trendline that has capped its price since early January.

The token is also struggling to reclaim key moving averages, including the 30-day and the 100-day simple moving averages.

In addition, momentum indicators such as the MACD remain in bearish territory, reinforcing downside risk.

Repeated failures near the $1.90 to $1.95 zone suggest sellers are still in control of rallies.

This technical rejection aligns with broader market weakness rather than isolated XRP-specific selling.

Adding to uncertainty, institutional demand signals have cooled.

Reports indicate waning enthusiasm around XRP-linked investment products.

This decline in demand removes a potential source of upside momentum in the near term.

Sentiment is divided between capitulation and recovery hopes

Market sentiment surrounding XRP reflects deep uncertainty.

Some traders view the recent decline as a classic capitulation phase, arguing that weak hands are exiting while stronger holders quietly accumulate.

Others warn that support levels have not yet been convincingly defended.

Most importantly, the failure to reclaim $2.00 has kept confidence fragile, and breakdowns from prolonged consolidation can accelerate quickly.

Despite this, XRP’s long-term narrative remains intact for many investors.

Regulatory clarity in major jurisdictions and Ripple’s continued role in cross-border payments provide structural support.

This creates a tension between bearish short-term price action and constructive longer-term expectations.

As a result, XRP remains highly reactive to both technical levels and broader market sentiment shifts.

XRP price forecast

XRP’s near-term outlook hinges on a narrow range of key price levels.

The immediate support lies around $1.84 to $1.80, a zone that has repeatedly attracted buyers.

A decisive breakdown below $1.80 could expose XRP to deeper losses toward $1.73 and potentially $1.70.

Such a move would likely confirm bearish continuation in the short term.

On the upside, initial resistance sits near $1.92 to $1.95.

A break above this zone would challenge the descending trendline and shift short-term momentum.

The $2.01 to $2.05 region remains a critical bullish trigger.

A sustained move above $2.05 could open the door for a recovery toward $2.10 and $2.20.

Until those resistance levels are reclaimed, XRP remains vulnerable to renewed selling pressure.

For now, traders are watching support closely as XRP balances between breakdown risk and rebound potential.

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