Technical Analysis

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.

Ethereum recorded nearly 8 million active addresses and a new peak in network usage on 17 January, alongside transaction fees at all-time lows. Despite this on-chain growth, ETH remained capped below its 200-day EMA, with price action hovering around a symmetrical triangle and key resistance levels between $3,800 and $4,000 in focus.

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.

On January 17, Bitcoin traded at $95,513 after a 0.8% 24-hour rise. The analysis highlights a false breakout near $95,537 and suggests a potential test of $95,700-$95,800 if momentum holds. Consolidation in the $95,000-$97,000 range is expected, while a weekly close above $95,938 could open a path toward the $100,000 zone.

XRP is hovering around $2.0725 after an intraday low at $2.02, with buyers defending the $2.0702 area. A 2026 golden cross, where the 23‑day MA moved above the 50‑day, supports a bullish tilt. A push above $2.1126 could target $2.1837 and $2.2721, with $2.28–$2.35 and $2.70 as key resistance zones.

Ethereum has extended its advance from the December rebound and is now challenging a multi‑month resistance band near $3.3K–$3.5K while holding above the $3K area. The daily and 4‑hour charts show higher lows and a recent upside break from a symmetrical triangle, but overbought signals and on‑chain activity clustering under resistance leave a breakout toward $4K or a rejection back toward $2.7K–$2.5K both in play.

On January 17, Zcash (ZEC) fell 2.13% amid a broader market pullback and was changing hands near $399.52 at press time, according to CoinStats. On lower time frames, a loss of support at $399.43 could expose the $390 area. On the daily chart, a close near or under current levels may bring a $370-$380 retest, with sub-$371 risking a path toward $300 before month end.

On January 17, Dogecoin fell 0.39% over the past 24 hours, according to CoinMarketCap, with price near $0.1375. The hourly chart shows a false breakout at $0.1383 and could lead to a $0.1360 retest if the daily candle closes near support, per TradingView. Midterm, DOGE trades between $0.1199 and $0.1568, implying limited volatility by month end.

Bitcoin started an important week trading just under its 50-week MA and EMA cluster, while U.S. spot ETF inflows have reached about 3.8K BTC so far this year. The inflow pace is slightly ahead of roughly 3.5K BTC over the same 2025 period and appears consistent with prior seasonal patterns, as price consolidates near the mid $90,000s.