The crypto market held steady today, Jan. 15, as investors reacted to the withdrawal of the Market Structure Bill, commonly known as CLARITY. Bitcoin was trading at $96,747, while the market capitalization of all tokens jumped to over $3.26 trillion. This article provides a forecast for top altcoins like Dash (DASH), Monero (XMR), and Internet Computer (ICP).
Dash price prediction
Dash, a top privacy token, was one of the best-performing coins this week as it jumped to a high of $88.07, its highest level since November 17. This rebound happened as investors maintained their focus on privacy tokens following last year’s surge of Zcash.
We’re deep in privacy season on Ethereum right now, and one of the hottest narratives going around is EIP-7503, pushed by the team at @EIP7503.
Here’s a straightforward breakdown of what EIP-7503 is:
EIP-7503 is a proposed upgrade to Ethereum called “Zero-Knowledge Wormholes.”
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Dash price went parabolic after forming a double-bottom pattern at $36.42 and a neckline at $47. A double-bottom is one of the most common bullish reversal patterns in technical analysis.
It has moved from the oversold level of the Murrey Math Lines tool and has now risen to the bottom of the trading range. Also, it has jumped above the 50-day and 100-day Exponential Moving Averages, while the Relative Strength Index (RSI) and the MACD have all pointed upwards.
The RSI has moved to the overbought level of 81, its highest level since November 3 last year. Therefore, the most likely scenario is where it retreats a bit, potentially to the ultimate support at $50, and then resumes the uptrend.
Monero price prediction
Monero price has been one of the best-performing tokens in the past few months, moving from a low $167 in April to a high of $786 this week.
The surge started after a US court ruled in favor of Tornado Cash and its founder, leading to more demand for privacy tokens. It then accelerated after Zcash made a strong breakout in the fourth quarter.
Monero moved above the key resistance level at $436, its highest level in May 2025, confirming the bullish outlook. It has continued rising this week and moved to the ultimate resistance level of the Murrey Math Lines tool. The coin remains much higher than the 50-day and 100-day Exponential Moving Averages, while the Relative Strength Index has jumped to the extreme overbought level at 87.
Therefore, the coin will likely continue rising as bulls target the key resistance level at $875, the extreme overshoot level of the Murrey Math Lines tool.
ICP price forecast
Internet Computer token has been one of the best-performing tokens in the crypto industry this week as it jumped to a high of $4.688, its highest level since November last year.
This rebound happened after the team published a document on Mission 70, which aims to boost its tokenomics by boosting demand and reducing its supply through burning. The goal is to eventually keep reducing the token’s inflation by at least 70%.
ICP price has moved to the Strong, Pivot, and Reverse level of the Murrey Math Lines tool and the 50-day EMA. However, it has formed a head-and-shoulders pattern with a neckline at $2.8, which is a common bearish reversal chart pattern.
Therefore, there is a likelihood that it will retreat as investors start booking profits. If this happens, the initial target will be the neckline at $2.80
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