XRP saw a notable shift as about $1.51 billion of XRP was locked in U.S. spot ETFs as of January 15, representing roughly 1.21% of the token’s total supply. While these tokens are not burned, they are effectively removed from the trading pool, dampening near-term volatility. Cumulative ETF inflows rose to about $1.27 billion, positioning XRP among the most-bought altcoins by ETF volume behind Bitcoin and Ethereum.
Key tickers like XRPZ and GXRP each added over $3 million in daily inflows, while Bitwise’s XRP product leads with about $7.16 million in new buys. Price action shows XRP hovering near ETF NAVs around $2.01-$2.07, with the spot price around $2.10 after an early January spike. The next move will depend on whether buyers can push the price back up to $2.32, the 200-day moving average.
Shiba Inu (SHIB) finally delivered a golden cross, with the setup between the 23-day and 50-day moving averages projecting a move toward the 200-day moving average at $0.00001044 — about 23% above the current price. SHIB’s current valuation is around $4.98 billion, only $100-200 million away from flipping Hedera (HBAR), Litecoin (LTC) and even stablecoin DAI (DAI). SHIB has reclaimed its 50-day curve and sits just below $0.00000900, with a trigger zone at $0.0000095. If breached, the repricing could happen fast, as seen in March 2024 when a similar formation led to a 39% move in two weeks.
Cardano (ADA) shows one of the clearest cup-and-handle patterns in the crypto market right now. If ADA breaks above the neckline at $0.423, the measured move points to $0.517, about a 28% rally. The pattern mirrors setups that previously launched silver and gold out of multiyear accumulation phases, and if Cardano follows the script, this breakout could mark the start of a sustained multi-week rally. Weekend moves might depend on whether BTC breaks its own compression range, potentially triggering further breakout activity in SHIB and ADA while XRP remains shaped by ETF rebalancing.
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