Kategorie: Crypto Markets

• Sui price fell as tariff jitters spooked global markets.
• The token tumbled 12% in the past 24 hours as Bitcoin retreated under $93,000.
• Tariff jitters and overall risk-off sentiment threaten further SUI downturn.

Sui price plunged nearly 13% to lows of $1.55 amid a broader market downturn marked by significant capital exodus from risk assets.

This sharp correction, amplified by Bitcoin’s retreat from $96,000 highs to under $93,000 and Ethereum’s retest of $3,200, came as crypto saw over $680 million in longs liquidated.

Many analysts are pointing to escalating geopolitical tensions tied to U.S. tariff threats on Europe over Greenland.

Sui price plunges amid Bitcoin weakness

Sui tumbled from $1.70 to a daily low of $1.54, breaching its 50-day exponential moving average at $1.70. The altcoin’s price has entered oversold territory with RSI below 40.

Bears showed their teeth as Bitcoin’s price revisited the $92,500 support mark. As seen recently, this exacerbated the drop in altcoins.

Sui, with a higher beta, suffered notable losses and saw over 10 million SUI tokens flow to exchanges.

Technically, failure to reclaim $1.65 risks a slide to $1.40, with Sui’s support breach amid BTC deleveraging screaming further caution for bulls.

Recently, a six-hour network outage dented community sentiment, and despite key upgrades, the lingering concern suggests a potentially slow recovery.

However, if Bitcoin stabilises above $92,000 and reclaims key levels below $100,000, a follow-up altcoin rebound could see SUI eye the $2 mark and higher in the coming days.

Sui price fell as tariff jitters spooked global markets

The rout in top altcoins comes as BTC and ETH pull back after President Trump’s threat of 10% tariffs on several European countries.

Escalating to 25% by June, the tariffs will target imports from Denmark, France, Germany, the Netherlands, Norway, Sweden, the UK, and Finland.

These measures retaliate against opposition to the US acquisition of Greenland, prized for Arctic security and rare earth minerals.

European indices like DAX and CAC 40 fell over 2% on Monday, but gold surged, and the dollar index topped 108, pressuring crypto.

In retaliation, the EU has readied €93 billion in countermeasures, but with a potential trade war in the making, many alts could face further pain.

While Bitcoin ETF inflows offer a floor, miner capitulation as profitability weakens may spell doom.” It means the $90k zone is a key threshold, with retail doomed if prices fall further.

Crypto trader BitGuru thinks the decline has allowed Sui to sweep liquidity “into a key demand zone.” The next move is key as the current price level has often acted as a base for the next leg up.

After a strong impulse move, $SUI entered a long consolidation and has now swept liquidity into a key demand zone.$SUI Price reaction here is crucial, as this area often acts as a base for the next expansion leg. pic.twitter.com/gru36LWy96

— BitGuru 🔶 (@bitgu_ru) January 19, 2026

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• Cardano price dropped to $0.37 after another rejection around $0.40.
• The technical picture points to a potential downside continuation to $0.32.
• The ADA price was down 4% in the past 24 hours.

Cardano’s ADA token is down and faces a brutal supply wall near $0.40, where relentless selling pressure threatens to derail bulls’ hopes of an extended upside.

The token changed hands nearly 4% in the red on Friday, hovering around $0.38 as short-term downside risks persist for top coins. As the chart below shows, ADA traded to a daily low of $0.379.

Cardano price hits supply wall near $0.40

Cardano’s price action has recently encountered a formidable supply wall around the $0.40 threshold, a level that has repeatedly acted as a barrier to upward momentum.

The 50-day exponential moving average sits at $0.41, and acts as a stubborn ceiling that has informed multiple price rejections.

Meanwhile, ​the Relative Strength Index (RSI) on the daily chart currently lingers below the neutral mark. In technical analysis, this highlights a potential extension towards the oversold territory with a sloping outlook.

Another indicator, the ADX, shows a reading of 19.5 and points to bearish strength.

The negative directional dominance favours sellers.

The MACD similarly shows bearish divergence under the zero line, while Bollinger Bands contract toward the lower rail. It all adds up to a token facing huge downside volatility.

The $0.40 zone is therefore just another key resistance level, but a zone of notable supply overhang.

Cardano shows weakness amid broader headwinds

Cryptocurrencies ended the past year largely bearish amid broader market headwinds.

This saw Bitcoin struggle to defend key levels and fall to lows of $80,000 before bouncing. BTC, however, has retreated from above $97,500, and this looks to have capped momentum for top altcoins.

QCP analysts recently noted that while the macro environment could boost bulls, volatility might remain elevated. Both Bitcoin and Ethereum thus show a risk-off outlook unless the market sees cleaner spot bids.

Vaulta is among the altcoins to falter amid this downturn, and Cardano’s on-chain metrics, like dormant supply activation, point to similar sell-off pressure.

Recent rejections from the 50-day EMA also come after prices fell sharply from above $0.82 on October 10, 2025. The moving average now sits at $0.41 and recently triggered a decline to lows of $0.37.

Currently, ADA is back at the fragile $0.38 support, and with funding rates flipping negative, shorts may have an upper hand.

This classic bearish signal signals that retail optimism is evaporating. However, the 26% decrease in daily volume betrays weak conviction, and price may probe the key supply zone again.

If ADA price doesn’t reclaim $0.40 with a volume surge, it risks a 10% breakdown that could bring multi-month support lows of $0.32.

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• Vaulta, formerly EOS, plunged to a lows of $0.14 to mark its drop to a new all-time low.
• The token was down 20% in the past 24 hours and saw trading volume spike by more than 400%.
• Selling pressure might see A extend losses to a new level.

Vaulta’s price has crashed 20% in the past 24 hours, with bears smashing through support to hit a new all-time low under $0.14.

This brutal drop, which occurred amid a spike in daily spot volume, deepens the pain for the token formerly known as EOS, which had traded as high as $0.77 in May last year.

If not aware, Vaulta rebranded from the former EOS network in early 2025, moving from a smart contracts-focused platform to a web3 banking network.

Bulls saw the A token rise to the all-time high highlighted above before this uptick began to evaporate.

The past 24 hours have seen Dash and Axie Infinity extend gains, but on the other end of the line are top losers like Kaito and Vaulta.

​Vaulta price: profit-taking sees A hit a new all-time low

The panic selling that gripped the broader crypto market as Bitcoin shed gains from its all-time high of $126,000 meant A dumped sharply.

Post-rebrand optimism fading allowed sellers to accelerate the capitulation.

Vaulta’s slide has now pushed prices to a new all-time low, with sellers flooding the market and crushing momentum. Data from CoinMarketCap shows daily trading volume jumped more than 400% to $128 million.

The downside action that has led to a broader altcoin market slowdown could amplify the pain for Vaulta.

Many altcoins’ struggles are tied to Bitcoin’s own stumbles below $100,000 and current poise near key support levels.

​Technical outlook spells doom

Vaulta’s charts paint a nightmare scenario for bulls. The token has recently recoiled off the 50-day exponential moving average, which has acted as a resistance zone around $0.18-$0.20.

Other technical indicators signal a bearish stranglehold, with the Relative Strength Index (RSI) sloping towards the oversold territory. While it could allow for a reversal, the reading of 34 means there is room for another leg down.

Elsewhere, the Moving Average Convergence Divergence indicator hints at a bearish crossover.

Buyers may eye a rebound amid long-shot catalysts such as network upgrades and broader altcoin market bounces. However, near-term sentiment remains toxic with open interest sinking to $13 million.

According to Coinglass data, the unforgiving downside action has also pushed the open interest weighted funding rate to -0.0294%.

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• Axie Infinity price jumped 13% to near $1.30 as bulls extended gains to over 30% this past week.
• Top gaming ecosystem tokens, including Gala and The Sandbox continue to lag broader market.
• AXS price could rally to $2.25 if momentum from the four-year low holds.

The Axie Infinity token has bounced more than 13% in the past 24 hours amid a notable recovery from recent losses that pushed AXS to lows last seen in 2021.

As renewed investor interest allows bulls to bounce off a four-year low, the technical picture points to a potential upside continuation.

Sentiment across crypto, with several altcoins attempting reversals after extended periods of pressure, may add to bulls’ advantage.

Axie Infinity outpaces other gaming tokens

Market data  during early US hours on January 16, 2025 showed Axie Infinity price hovering around $1.23. However, buying pressure had the token trading at highs of $1.30, not far off the weekly resistance level around $1.35 reached on Jan. 14.

In late December, Axie Infinity fell to $0.78, the lowest mark since the breakout from $0.73 to highs of $1.18 in January 2021.

The token has surged by over 30% in the past week, with a revisit to the $1.00 level before another bounce reflecting fresh buying momentum.

A look at the gaming tokens ecosystem, CoinMarketCap data shows AXS to be outpacing peers in the past 24 hours and week.

Immutable, Gala, Floki, The Sandbox, Decentraland and MultiversX are all struggling. Can Axie Infinity continue to buck the trend?

Axie Infinity price forecast

While AXS is not fully out of the woods following its severe drawdown since it peaked at $165, the bounce from under $1 may test bears’ resolve.

Positive developments within the Axie Infinity ecosystem, including economic adjustments and upcoming gameplay enhancements, might combine with overall market sentiment to bolster upward price action.

For instance, Axie Infinity has introduced an App Token (bAXS), which means that instead of AXS, holders can now hold bAXS.

This token can be staked or spent directly in Axie Core. Analysts say the launch of bAXS is a major step for Axie Infinity, and adoption will benefit AXS.

From a technical perspective, the daily chart shows the Relative Strength Index (RSI) at 66.

This indicates that bulls have room to extend gains before entering the overbought territory.

Meanwhile, the Moving Average Convergence Divergence (MACD) recently marked a bullish crossover and features an expanding histogram.

If key support holds at $1.20, the next hurdle may be around $1.50 and $2.25.

On the downside, breaking below the psychological support level will encourage sellers, potentially allowing for another multi-year low.

The post Axie Infinity price extends above $1.20 amid reversal from 4-year low appeared first on CoinJournal.

• X’s API ban erased Yaps, removing most of the real token utility of KAITO.
• Insider wallet transfers before the shutdown intensified sell pressure.
• KAITO’s price has fallen below key support, leaving the token near all-time lows.

Kaito has officially begun winding down its Yaps product after losing access to the X API, marking a major turning point for the project and its token economy.

The decision follows a recent policy change by X, formerly Twitter, which banned applications that reward users for posting content on the platform.

X cited a surge in AI-generated spam and low-quality engagement as the primary reason for revoking API access from so-called “reward-for-posting” or InfoFi apps.

Why X’s move forced Kaito to pull down Yaps

Yaps was Kaito’s flagship product and the core driver of user engagement across the ecosystem.

The program rewarded users with KAITO tokens for creating and interacting with crypto-related posts on X.

For many participants, Yaps represented the main reason to hold and use the KAITO token.

According to multiple industry estimates, Yaps accounted for roughly 70% of KAITO’s practical token utility.

Hence, the shutdown triggered an immediate and severe demand shock for the token.

Kaito confirmed that the Yaps incentive program and its associated leaderboards would be sunset rather than modified.

The company stated that the product could not operate in compliance with X’s new API restrictions.

This forced exit exposed the risks of building token-driven engagement models on centralized social platforms.

Thousands of users were affected by the move almost overnight.

Data shared by market trackers indicates that approximately 157,000 Yaps-associated accounts were banned or disabled following the policy enforcement.

The sudden loss of users accelerated selling pressure as participants exited positions tied to the discontinued program.

Market reaction and insider trading concerns

The market reaction to the Yaps shutdown was swift and decisive.

KAITO fell 19.5% in a 24-hour period, sharply underperforming the broader crypto market, which declined by just 1.05% over the same timeframe.

The token dropped to around $0.5449, sliding close to its all-time low of $0.4717 recorded in December.

Trading volume surged to over $153 million in 24 hours, representing more than the project’s daily market capitalization turnover.

This spike in volume signaled conviction-driven selling rather than a temporary volatility spike.

Sentiment deteriorated further after allegations of insider trading began circulating within the crypto community.

On-chain analysts flagged a wallet linked to the Kaito team that deposited 5 million KAITO tokens, worth roughly $2.7 million at the time, to Binance.

The transfer occurred approximately seven days before the public announcement of the Yaps shutdown.

This deposit represented nearly 2% of the circulating supply and was the largest exchange inflow for KAITO in the last 90 days.

While no wrongdoing has been proven, the timing raised concerns about information asymmetry.

Retail investors interpreted the move as a potential loss of confidence from insiders.

Trust erosion compounded the downside pressure already created by the loss of token utility.

At the same time, Kaito is attempting to reposition its business model.

The company announced a pivot toward Kaito Studio, a product focused on connecting brands with vetted creators.

Unlike Yaps, the new model emphasizes quality-driven marketing and analytics rather than mass token incentives.

This transition reduces reliance on retail participation but introduces uncertainty around KAITO’s future role.

It remains unclear whether brands will be required to use KAITO as a payment or settlement token.

Without a clearly defined demand loop, token value accrual becomes harder to justify in the near term.

KAITO price analysis and ecosystem transition

From a technical perspective, KAITO confirmed a bearish breakdown.

The price slipped below the key $0.60 support level, which had acted as both a psychological and structural floor.

Momentum indicators have turned decisively negative following the breakdown.

The MACD histogram has flipped bearish while the RSI hovered near 44, suggesting further downside remained possible.

Algorithmic trading systems also appear to accelerate selling after the $0.60 support was lost.

With limited historical support below current levels, the next major technical target sits near $0.47.

Kaito price forecast

KAITO currently trades at approximately $0.5449 with a market capitalization near $131 million and a fully diluted valuation of approximately $540 million.

The wide gap between circulating and total supply highlights ongoing dilution risk.

In the short term, price action remains fragile as long as KAITO trades below the $0.60 resistance zone.

A failure to hold above $0.50 could open the door to a retest of the $0.47 all-time low.

Any relief rallies are likely to face heavy selling pressure from trapped holders near prior support levels.

A bullish reversal would require a sustained reclaim of $0.60 accompanied by declining sell volume.

Fundamentally, clarity around insider wallet activity and transparent communication from the team are critical.

Longer-term upside depends on whether Kaito Studio can generate real demand that directly involves the KAITO token.

Until that narrative is proven, KAITO is likely to remain volatile and sentiment-driven.

For now, the market appears to be pricing in caution rather than confidence.

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