Trading

Over the past week, Zcash has fallen from about $528 to $400 amid leadership-related uncertainty and persistent selling pressure, with the token recently trading around $402. During this downturn, a newly created whale wallet accumulated 76,661 ZEC valued at $31.65 million, while on-chain data show negative spot netflows and technical indicators warning that ZEC could break below the $400 support if bearish momentum continues.

XRP is currently trading just above $2, while an Elliott Wave-based technical outlook suggests a final Wave C advance toward the $2.26–$2.28 resistance area before a deeper correction. Analyst CasiTrades, using the 1-hour chart, expects the recent pullback to around $2.03 as a completed B wave that could lead into a five-wave C structure. If price is rejected near this upper band, the scenario anticipates a larger downside phase that may drag XRP back toward the macro support region around $1.65.

On January 17 2026, Axie Infinity's AXS token surged about 64% in a single day to roughly $2.02 and has gained over 100% in the past week, while its market cap sits above $346M and 24-hour trading volume exceeds $997M. The broader GameFi segment now holds around $7 billion in market capitalization, up 6.3% in 24 hours, with tokens such as RON, SAND, SLP, MANA and ILV also recording double-digit daily and weekly gains.

Monero's price surged to a new all-time high of $799 on 14 January before dropping 13.5% over the last 24 hours as trading volumes fell by 25%. The move followed an alleged hardware wallet attack in which over $282 million in LTC and BTC were converted into XMR, and analysts now see overheated futures activity and support levels near $518 and $447 as key risk zones.

On January 17, 2026, Bank of America's Savita Subramanian said at a 2026 outlook meeting that consumer staples and lower price-point retailers could strongly outperform the wider stock market if the Federal Reserve keeps cutting interest rates. She added that a shift toward more populist policies ahead of next year's midterm elections may further support a rebound in broader consumer spending.

Cardano has recorded a 10,654.62% spike in futures trading volume on BitMEX to $40.04 million, while its open interest hovers around $792.57 million. CME Group plans to launch ADA and Micro ADA futures contracts on Feb. 9, pending regulatory review. ADA is trading near $0.395, with key resistance seen at $0.4378 and $0.50, and support levels around $0.38, $0.33 and $0.27.

Binance will liquidate and delist the USDⓈ-M perpetual contracts for BID, DMC, ZRC and TANSSI on January 21, 2026. Operations end at 09:00 UTC (17:00 UTC+8), trading stops 30 minutes earlier, and users are asked to close positions manually to avoid forced liquidation.

Bitcoin is holding the $94,630 H4 support while resistance at $98,200 and $107,500 stays in focus. According to Kamile Uray, BTC remains above $89,326, with bullish continuation possible; Lennaert Snyder expects weekend liquidity to keep price range-bound, watching for a break above $95,820 toward the $97,960 monthly high.

AVAX, the native asset of the Avalanche network, recently climbed to $14.85 before dropping back under $13.50 and now trades near $13.61. Analyst Ali Martinez’s January 16 chart study highlights repeated rejections around $14.83 and an inverse head and shoulders structure that could project upside targets at $17.59 and $18.41 if this resistance is cleared. AVAX has booked a 14.67% gain over the past month, hinting at a possible shift after a net negative Q4 2025.

A large ADA holder opened more than ten long positions around $0.38 after depositing $7.9 million USDC to Hyperliquid, according to Onchain Lens. The whale acquired 6.46 million ADA (~$2.50 million) as daily volume topped $600 million. Oversold metrics include a 0.659 bubble risk and an 86% drawdown from ATH, with resistance at $0.43.