{"id":31075,"date":"2025-01-16T07:46:41","date_gmt":"2025-01-16T07:46:41","guid":{"rendered":"https:\/\/zebpay.com\/in\/?p=31075"},"modified":"2025-01-16T07:46:42","modified_gmt":"2025-01-16T07:46:42","slug":"crypto-technical-analysis-report-16th-january-2025","status":"publish","type":"post","link":"https:\/\/zebpay.com\/in\/blog\/crypto-technical-analysis-report-16th-january-2025","title":{"rendered":"Crypto Technical Analysis Report | 16th January 2025"},"content":{"rendered":"\n<p>Crypto analysts are increasingly optimistic as favorable U.S. inflation data has driven Bitcoin higher, with the price surging by approximately 3% amid growing anticipation of further interest rate cuts. On January 15, the U.S. Consumer Price Index (CPI) report revealed lower-than-expected core inflation for December, sparking a rally in Bitcoin&#8217;s spot price from around $96,000 to nearly $100,000. This bullish momentum extended to other markets as well, with stocks and gold posting significant gains. Futures markets now estimate a 30% probability that the Federal Reserve will cut interest rates in March, fueling optimism among investors and reinforcing positive sentiment across the crypto sector.<\/p>\n\n\n\n<p><strong>ETH-USDT Daily Chart:<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-image size-full is-resized\"><img decoding=\"async\" width=\"756\" height=\"358\" src=\"https:\/\/zebpay.com\/in\/wp-content\/uploads\/2025\/01\/Crypto-16th-Jan.jpg\" alt=\"\" class=\"wp-image-31076\" style=\"width:1120px;height:auto\" srcset=\"https:\/\/zebpay.com\/in\/wp-content\/uploads\/2025\/01\/Crypto-16th-Jan.jpg 756w, https:\/\/zebpay.com\/in\/wp-content\/uploads\/2025\/01\/Crypto-16th-Jan-300x142.jpg 300w, https:\/\/zebpay.com\/in\/wp-content\/uploads\/2025\/01\/Crypto-16th-Jan-150x71.jpg 150w\" sizes=\"(max-width: 756px) 100vw, 756px\" \/><\/figure>\n\n\n\n<p>ETH has a strong resistance at $3,500 and $3,750. If it breaks and sustains above these levels, then we can expect the prices to further rally up to $4,000.<\/p>\n\n\n\n<p><strong>BTC-USDT Daily Chart:<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-image size-full is-resized\"><img decoding=\"async\" width=\"750\" height=\"353\" src=\"https:\/\/zebpay.com\/in\/wp-content\/uploads\/2025\/01\/Crypto-16th-Jan-1.jpg\" alt=\"\" class=\"wp-image-31077\" style=\"width:1120px;height:auto\" srcset=\"https:\/\/zebpay.com\/in\/wp-content\/uploads\/2025\/01\/Crypto-16th-Jan-1.jpg 750w, https:\/\/zebpay.com\/in\/wp-content\/uploads\/2025\/01\/Crypto-16th-Jan-1-300x141.jpg 300w, https:\/\/zebpay.com\/in\/wp-content\/uploads\/2025\/01\/Crypto-16th-Jan-1-150x71.jpg 150w\" sizes=\"(max-width: 750px) 100vw, 750px\" \/><\/figure>\n\n\n\n<p>BTC&nbsp; made a \u2018Doji\u2019 candle at the top of $108,353 which indicated indecision in trend and witnessed profit booking. The asset has a strong support zone from $90,000 to $85,000 whereas $105,000 and $108,000 will act as strong resistance.<\/p>\n\n\n\n<p>In the grand scheme of things, ZebPay blogs is here to provide you with crypto wisdom. Click on the button below and discover endless features on ZebPay!<\/p>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link has-white-color has-vivid-cyan-blue-background-color has-text-color has-background has-link-color wp-element-button\" href=\"https:\/\/connect.zebpay.com\/account\/login?returnUrl=%2Fconnect%2Fauthorize%2Fcallback%3Fclient_id%3Deee7baaa-9d6c-43f1-9eb6-8174f62cd244%26redirect_uri%3Dhttps%253A%252F%252Fzebpay.com%252Fapp%26response_type%3Did_token%2520token%26scope%3Dopenid%2520profile%2520wallet%253Atransactions%253Aread%2520trade%253Aread%2520trade%253Acreate%2520wallet%253Aaddress%253Acreate%2520wallet%253Aaddress%253Aread%2520wallet%253Atransactions%253Asend%26state%3Dfcf813bfa285406cbf1a838575068e8f%26nonce%3Db0c46570c6a94af5b14e78921d8bf508\" target=\"_blank\" rel=\"noreferrer noopener\">TRade now<\/a><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Crypto analysts are increasingly optimistic as favorable U.S. inflation data has driven Bitcoin higher, with the price surging by approximately 3% amid growing anticipation of further interest rate cuts. On January 15, the U.S. Consumer Price Index (CPI) report revealed lower-than-expected core inflation for December, sparking a rally in Bitcoin&#8217;s spot price from around $96,000 [&hellip;]<\/p>\n","protected":false},"author":37,"featured_media":29160,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"_ayudawp_aiss_exclude":false,"footnotes":""},"categories":[26],"tags":[16],"acf":[],"_links":{"self":[{"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/posts\/31075"}],"collection":[{"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/users\/37"}],"replies":[{"embeddable":true,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/comments?post=31075"}],"version-history":[{"count":1,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/posts\/31075\/revisions"}],"predecessor-version":[{"id":31079,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/posts\/31075\/revisions\/31079"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/media\/29160"}],"wp:attachment":[{"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/media?parent=31075"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/categories?post=31075"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/tags?post=31075"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}