Ethereum USD (ETHUSD) is trading at $3225.19 as of January 8, 2026, down 0.21% in the past 24 hours despite significant institutional developments. Morgan Stanley’s filing for a spot Ethereum ETF marks a major shift in how traditional finance approaches digital assets. The broader crypto market experienced a 3% decline in Ethereum, reflecting profit-taking after recent gains. Understanding why ETHUSD is moving requires examining both technical levels and the institutional catalyst reshaping demand patterns. Market data shows mixed signals between whale accumulation and smart money selling, creating a critical inflection point for price direction.

Why Is ETHUSD Declining Despite Institutional Interest?

The 0.21% daily decline in ETHUSD appears counterintuitive given Morgan Stanley’s ETF filing, but market dynamics reveal a more nuanced picture. Profit-taking from recent rallies has created selling pressure at resistance levels near $3264.66. Institutional inflows from spot Ethereum ETFs have slowed to $2.8 billion in cumulative outflows since their October peak, suggesting consolidation rather than sustained buying.

Whale activity tells a different story. Large investors accumulated $4.83 million in spot Ethereum across 32 wallets during the past week, indicating confidence at current levels. However, smart money traders sold $8.9 million across 63 wallets in the same period, creating a tug-of-war between conviction buyers and profit-takers. This divergence explains why ETHUSD is consolidating rather than breaking decisively higher or lower.

ETHUSD Technical Analysis

The RSI at 53.65 indicates neutral momentum with room for upside movement before overbought conditions emerge. MACD shows a bearish signal with the histogram at 28.94, suggesting weakening momentum despite the positive crossover potential. ADX at 30.02 confirms a strong trend is developing, supporting the case for directional movement once consolidation ends.

Bollinger Bands reveal price positioning between the lower band at $2744.40 and upper band at $3295.01, with current price near the middle band at $3019.71. Support levels cluster around $3132.79 (day low), while resistance sits at $3264.66 (day high). The 50-day moving average at $3015.47 provides dynamic support, while the 200-day average at $3610.78 remains a longer-term resistance target.

ETHUSD Price Forecast

Monthly Forecast: $2582.26 represents a 20% decline from current levels, reflecting worst-case scenarios if institutional demand falters. Quarterly Forecast: $3472.03 suggests a 7.6% gain, aligning with the $3450-$3500 supply zone identified in technical analysis. Yearly Forecast: $3721.34 implies 15.3% upside, supported by sustained ETF inflows and staking yield mechanisms.

The quarterly target appears most probable given current momentum and institutional positioning. Morgan Stanley’s ETF filing could accelerate the move toward $3500 if regulatory approval comes within weeks. Forecasts may change due to market conditions, regulations, or unexpected events.

Market Sentiment: Trading Activity and Liquidation Dynamics

Trading volume stands at $27.2 billion daily, down 13.6% from the 30-day average of $31.5 billion, indicating reduced conviction in either direction. This lower volume during a consolidation phase suggests traders are waiting for a catalyst to commit capital. The relative volume ratio of 0.0147 shows today’s activity is below average, typical of indecision periods.

Liquidation data reveals $438 million in XRP short liquidations occurred recently across the broader market, but Ethereum-specific liquidation pressure remains moderate. Long positions dominate the futures market, with open interest stable despite price weakness. This suggests leveraged traders are holding conviction bets on higher prices, reducing the risk of cascading liquidations that could accelerate declines.

Institutional Catalyst: Morgan Stanley’s Ethereum ETF Filing

Morgan Stanley’s filing for the Morgan Stanley Ethereum Trust represents the third crypto ETF filing from the investment banking giant in a single week. The fund will hold spot Ethereum and engage third-party staking services to generate additional passive yield, differentiating it from purely passive products. This structure appeals to conservative institutional investors who want exposure without speculation.

The timing matters significantly. With $1.8 trillion in assets under management, Morgan Stanley’s entry could unlock billions in new demand. Spot Ethereum ETFs have proven resilient, retaining 82% of their peak $15 billion inflows despite the October market crash. Fresh wallets created in the past 14 days added $2.34 billion in spot Ethereum, signaling threefold demand growth from new entrants. This institutional momentum supports the quarterly forecast of $3472.03.

What Drives ETHUSD Price Action: Supply Constraints and Staking

Exchange reserves of Ethereum have declined significantly as investors prioritize staking and self-custody over immediate selling. BitMine’s $44,000 ETH staking commitment removes supply from circulation, amplifying the impact of new demand from ETFs and institutions. On-chain data shows large wallet accumulation in the $2700-$2768 and $3050-$3100 zones, confirming strategic positioning by sophisticated investors.

Staking yield mechanisms embedded in Morgan Stanley’s ETF filing create a structural advantage for Ethereum. Unlike Bitcoin, which generates no yield, Ethereum’s 3-4% annual staking returns attract yield-focused institutional capital. This economic moat widens as more supply locks into staking contracts, reducing float and increasing price sensitivity to demand shocks. The combination of supply constraints and yield generation positions ETHUSD for sustained institutional accumulation.

Final Thoughts

ETHUSD at $3225.19 reflects a critical inflection point where institutional adoption meets technical consolidation. The 0.21% daily decline masks significant structural changes reshaping Ethereum’s demand profile. Morgan Stanley’s ETF filing signals that traditional finance is moving beyond speculation toward systematic exposure, a shift that historically precedes major price appreciation cycles.

Technical analysis supports the quarterly forecast of $3472.03, with the $3450-$3500 zone representing the next meaningful resistance. RSI at 53.65 and ADX at 30.02 confirm momentum is building without yet reaching overbought extremes. Whale accumulation and staking commitments provide fundamental support, while smart money selling suggests caution about near-term rallies.

The key variable is regulatory approval timing for Morgan Stanley’s ETF. If the SEC approves within weeks, institutional capital flows could accelerate the move toward $3500. If approval delays, consolidation may extend through Q1 2026. Either scenario supports the yearly forecast of $3721.34, making ETHUSD a long-term accumulation opportunity for investors with conviction in institutional adoption. Market data shows conviction is building, even as short-term price action remains choppy.

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Disclaimer:

Cryptocurrency markets are highly volatile. This content is for informational purposes only.
The Forecast Prediction Model is provided for informational purposes only and should not be considered financial advice.
Meyka AI PTY LTD provides market data and sentiment analysis, not financial advice.
Always do your own research and consider consulting a licensed financial advisor before making investment decisions.

Jakarta, Pintu News – Dogecoin price moved above the $0.14 level after recording a weekly gain of around 20%, in line with the overall strengthening trend of the crypto market. Currently, the meme coin is approaching an important resistance area in the range of $0.151 to $0.165.

Since December 31, DOGE has gained around 30%, which is the highest level since November 30. This performance has coincided with the rally of other memecoins, such as Shiba Inu , Pepe , and Pudgy Penguins .

In aggregate, the market capitalization of meme coins has now surpassed $50 billion. Open interest in Dogecoin has also surged to close to $2 billion. Meanwhile, the DOGE spot ETF recorded $3.9 million in new inflows at the start of 2026.

The influx of new funds and increased trader attention suggests that the upward momentum has the potential to continue, provided the DOGE is able to break and hold above the resistance zone.

Dogecoin price drops 1.64% in 24 hours

On January 8, 2026, Dogecoin saw a 1.64% decline over the past 24 hours, trading at $0.1462, or approximately IDR2,455. During that time, DOGE fluctuated within a range of IDR2,575 to IDR2,438.

At the time of writing, Dogecoin’s market capitalization is estimated at around IDR428.33 trillion, with a 24-hour trading volume of roughly IDR31.55 trillion.

Read also: Ethereum Price Drops to $3,100 Today: ETH Whales Getting Optimistic?

Dogecoin futures soar to $2 billion

Dogecoin futures open interest surged close to $2 billion, approaching one of the highest levels in its history. This increase reflects the growing confidence of traders who are getting more aggressive in positioning themselves for bigger DOGE price moves.

The spike in open interest indicates an influx of new funds into the market, particularly from leveraged traders who are speculating on potential upward or downward price movements. This suggests increased speculative activity along with expectations of higher volatility.

This phenomenon comes amid the widespread popularity of speculative memecoins and altcoins. In recent days, DOGE has regained momentum, while the futures market reflects market participants’ readiness for more intense price fluctuations.

With the arrival of institutional products like ETFs in the DOGE ecosystem, these memecoins are further evolving into more mature and widely accepted trading instruments in the crypto market.

Large Dogecoin owners raise 220 million DOGE tokens

Dogecoin recorded significant whale activity in the past 24 hours, with large holders accumulating more than 220 million DOGE tokens. This surge in transactions reflects the growing interest of well-capitalized investors amid the recent strengthening of the crypto market.

Read also: Top 3 Crypto Price Predictions: Dogecoin, Cardano, and Chainlink Ready for a Big Jump?

The buying action shows the increasing level of confidence among whales as Dogecoin follows the general strengthening trend of crypto assets.

In many cases, accumulation by large holders is seen as a form of anticipation of potentially larger price movements in the future.

Will Dogecoin Price Break $0.15 in the Near Future?

In the short term, DOGE price last traded around $0.14 on the 24-hour time frame (7/1), reflecting mild pressure. The price is still below the $0.15 level, which has so far been the main impediment to further gains after the previous rally. The RSI indicator is at 54 levels, signaling relatively neutral momentum.

On the 4-hour time frame (7/1), the MACD indicator shows a bearish crossover, with the histogram turning negative. This indicates weakening upward momentum in the short term. Nevertheless, the MACD line is still above the zero level, so the positive bias on a broader scale is maintained.

From a technical perspective, the nearest resistance area is in the range of $0.15 to $0.155. A valid breakout above this zone could potentially push the price towards the $0.165 area. Furthermore, the next upside target is around the psychological level of $0.20.

On the contrary, failure to defend the $0.14 level could weaken the near-term price structure. In such a scenario, DOGE risks dropping to the $0.135 area, and if the pressure persists, a further drop towards $0.128 becomes open.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

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XRP remains one of the most promising cryptocurrencies in the market, with bright long-term capabilities. XRP is known for its volatility, but still trades above $2.00 psychological level most of the time, showing investor demand. At the moment, XRP is sliding below major technical levels after failing to hold the $2.40 support level, which was recorded on Tuesday. The market downturn comes just days ahead of the landmark Market Structure Bill, which is set to legitimize XRP as a non-security and eliminate lingering regulatory uncertainties.  

XRP is crashing in the cryptocurrency market, reportedly dropping nearly 5.85% over the past 24 hours. XRP, currently the fourth-largest cryptocurrency, is trading at $2.25, dropping from a two-month high of $2.41 recorded on January 6, 2025. At the beginning of 2026, XRP capitalized on the fresh market environment and outperformed the majority of altcoins. The sudden drop in XRP’s market momentum is fueled by factors like profit-taking after a rally and technical breakdown below major levels. XRP’s short-term decline is accompanied by a 20.9% weekly rally, reflecting profit-taking amid overbought signals. 

XRP Current Market Scenario

According to the current market data, XRP is trading at $2.25, with a market capitalization of $136.55 billion and a daily trading volume of $6.58 billion. XRP is underperforming the broader cryptocurrency market, and the price data shows that the digital asset is consolidating below key resistance levels despite sustained ETF support. XRP currently trades above the 50-Day SMA ($ 2.04) and below the 200-Day SMA ($ 2.45), indicating a neutral-to-bullish transition phase with short-term strength. Based on XRP’s historic trend, this trend could be the early signal of a recovery with upside potential if the 200-Day SMA breaks. XRP has traded 14/30 (47%) days in green, and its fear and greed index shows 44, which is identified as fear in the cryptocurrency market.

XRP Price Forecast: Expert Views & Opinions

XRP’s price stability has always been a topic of debate and has created different opinions among investors. Its extreme volatility backs the theory to an extent, but numerous investors still believe in XRP and claim it could be the next big thing in the market. Jake Claver, a financial expert and the CEO of Digital Ascension Group, commented on XRP. He commented that there are a few things that matter if a digital asset is going to be taken seriously as part of real financial infrastructure: price stability, network reliability, consistent transaction volume, strong partnerships, and institutional support. He noted that XRP checks all those boxes and continues to grow as next-gen financial infrastructure.

Akanksha Saxena, a Web3 expert, said in an X post that XRP was attracting serious attention in 2026 due to a combination of strong factors rather than price action alone. She explained that demand for XRP ETFs was growing rapidly, with spot XRP ETFs recording nearly $100 million in inflows since the start of the year. She noted that XRP had outperformed major cryptocurrencies, rising about 25% since January 1, compared with Bitcoin’s 6% gain and Ethereum’s 10% increase. Saxena also observed that market and social sentiment around XRP had turned increasingly bullish. Additionally, she highlighted that rising network activity, including more transactions and higher on-chain usage, pointed to growing real-world interest. She concluded that when fundamentals, sentiment, and market structure align, they often create momentum worth watching.

XRP Price Prediction Today: Will XRP Surge & Regain The Bullish Momentum?

XRP is consolidating at the moment and is expected to stay within the $2.25-$2.40 price range in the next few days. However, XRP is showing short-term bearish momentum; it is still trading with a weekly high of 20.38%. According to the recent data, XRP is unlikely to trigger a positive trend today and reclaim the key levels. Even though a steady bullish outlook is not guaranteed, the ETF support could spark an intraday recovery near $2.30.     

Disclaimer: XRP price prediction data is subject to change based on the market dynamics. The table is based on predictive modeling and should not be considered financial advice. 

According to XRP price prediction today, Ripple’s native cryptocurrency is expected to trade at an average maximum price of 2.38. XRP may reclaim the $2.40 barrier soon, though traders will likely need to wait until at least next week to see the digital asset challenge the $3.00 psychological level.

XRP Outlook: Will XRP Hit $2.50 Before The Market Structure Bill

Yes. XRP has a high chance of breaking above the $2.50 support level ahead of the Market Structure Bill, which is currently scheduled for January 15, 2026. Strong ETF inflows and improving market sentiment, despite the short-term price correction, are still enough to drive XRP upward and trigger a rally. The target price can be achieved by January 10 if ETF inflows remain strong and XRP breaks and holds above the 200-day SMA. According to the observation, failure to clear the $2.45 resistance level will be key and is likely to keep XRP range-bound until the Market Structure Bill markup.