Latest Initia (INIT) Price Analysis

By CMC AI
20 January 2026 02:04PM (UTC+0)

Why is INIT’s price down today? (20/01/2026)

TLDR

Initia (INIT) fell 5.44% over the last 24h, underperforming the broader crypto market (-2.41%). The drop aligns with a 6.15% weekly decline but contrasts with a marginal 30-day gain (+0.5%). Here are the main factors:

  1. Exchange Delisting Impact – Bitget removed INIT’s On-chain Earn product on Jan 13, 2026, triggering forced redemptions.

  2. Technical Downtrend – Bearish indicators like RSI (42.21) and MACD signal continued selling pressure.

  3. Negative Sentiment – Social media critiques highlight fading hype and ecosystem challenges.

Deep Dive

1. Exchange Product Delisting (Bearish Impact)

Overview: Bitget delisted INIT’s On-chain Earn product on Jan 13, automatically moving holdings to spot accounts. This followed earlier suspensions of deposits/withdrawals on Upbit and Bithumb in Dec 2025 for network upgrades.

What this means: Reduced staking/earning options often lead to short-term sell-offs as users rebalance portfolios. The 61.7% drop in 24h trading volume suggests thinning liquidity exacerbated the price slide.

What to look out for: Further exchange actions – Bitget still lists INIT for spot trading, but monitoring for delistings on major platforms like Binance (which removed INIT/BNB in Nov 2025) is critical.

2. Technical Breakdown (Bearish Momentum)

Overview: INIT trades below all key moving averages (7-day SMA: $0.0922), with MACD histogram barely positive (+0.000023) and RSI neutral (42.21). The price sits near Fibonacci support at $0.086.

What this means: Persistent failure to reclaim the 7-day SMA ($0.0922) signals weak buying interest. A close below $0.086 could trigger a retest of the 2026 low ($0.08125).

3. Sentiment & Ecosystem Concerns (Mixed Impact)

Overview: Social media critiques (@trzz1412) argue Initia’s TVL ($34M) and developer traction lag rivals like Optimism/Celestia. However, the team continues appchain deployments and DeFi upgrades.

What this means: Negative narratives amplify selling during weak technicals, but progress like Inertia’s UI overhaul (Aug 2025) and VIP rewards for ecosystem participation offer long-term offsets.

Conclusion

INIT’s drop reflects a mix of exchange-driven liquidity shocks, technical weakness, and skepticism about its competitive edge. While network upgrades could stabilize sentiment, the immediate risk leans bearish below $0.086.

Key watch: Can INIT hold the $0.081–$0.086 support zone, or will Binance’s Nov 2025 delisting precedent spark broader exchange caution?

Why is INIT’s price up today? (18/01/2026)

TLDR

Initia (INIT) rose 2.47% in the past 24h, outpacing the broader crypto market’s +3.05% 7d gain. Key drivers include bullish technical signals, exchange-related liquidity shifts, and fading bearish sentiment after recent network upgrades.

  1. Technical Rebound – Bullish MACD crossover and RSI neutrality suggest short-term momentum.

  2. Exchange Dynamics – Post-maintenance liquidity normalization on Upbit/Bithumb.

  3. Upgrade Aftermath – Reactor Upgrade’s long-term benefits offset initial sell-off fears.


Deep Dive

1. Technical Momentum (Bullish Impact)

Overview:
INIT’s MACD histogram turned positive (+0.00058459) for the first time since mid-December 2025, signaling waning selling pressure. The price ($0.095) sits above its 7-day SMA ($0.0908) and EMA ($0.0925), with RSI 14 at 50.14 – neither overbought nor oversold.

What this means:
The bullish divergence between price and indicators suggests traders are accumulating at perceived support levels. With no major resistance until $0.1005 (23.6% Fibonacci level), technical traders likely amplified the upward move.

What to look out for:
A close above $0.096 (January 17 high) could trigger stop-loss orders and accelerate gains.


2. Exchange Liquidity Shifts (Mixed Impact)

Overview:
Upbit and Bithumb resumed INIT deposits/withdrawals on December 22 after a 72-hour suspension for network upgrades. While the halt initially caused a 10% price drop, trading volume surged 142% to $9.95M in the past 24h.

What this means:
Korean exchanges account for 35-50% of INIT’s historical volume (Kaiko). The liquidity return likely enabled renewed buying from institutional traders who couldn’t exit positions during the freeze.


3. Reactor Upgrade Sentiment Shift (Neutral-Bullish)

Overview:
Initia’s December 2025 Reactor Upgrade (block finality improved to 100ms) initially caused a 10% price crash due to “sell the news” behavior. However, on-chain data shows a 19% increase in daily active addresses since January 1.

What this means:
Developers are gradually adopting the faster infrastructure – Total Value Locked (TVL) stabilized at $34M after dipping to $28M post-upgrade. This “delayed bullishness” reflects market reassessment of the upgrade’s impact.


Conclusion

INIT’s rebound combines technical factors with fundamental reassessment of its upgraded network capabilities. While short-term resistance at $0.10 remains key, the improved blockchain performance could attract appchain developers in Q1 2026.

Key watch: Can INIT hold above its 30-day SMA ($0.0908) during the next BTC volatility spike? Monitor CMC Altcoin Season Index, currently at 28 (+75% MoM), for sector-wide risk appetite clues.

CMC AI can make mistakes. Not financial advice.