CHEX Soars: Crypto’s New Messiah?

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The Chintai (CHEX) token, that most enigmatic of digital phantoms, has ascended 52% in the past 24 hours, a feat that would make even the most jaded investor gasp in awe 🤯. Over seven days, it’s leapt 120%, outpacing the broader crypto market like a madman chasing a ghost 🦄.

Fundamentals, on-chain demand, and a clean chart breakout are aligning like a symphony of chaos, explaining why the CHEX price is moving now. And why might it encounter a pause next? 🧙‍♂️

RWA Demand Continues Into 2026 as Whales and Retail Buy

The Chintai (CHEX) token is the native token of the Chintai network, a regulated real-world asset infrastructure platform. It sits across RWA, DeFi, and settlement layers, which is why it appears in multiple categories, making it relevant to every cycle. RWA was one of the strongest crypto sectors last year, and that momentum is now bleeding into early 2026 like a cursed potion 🧙‍♂️.

Want more token insights like this? Sign up for Editor Harsh Notariya’s Daily Crypto Newsletter here. 📰

Chintai’s positioning has been in place for some time. Its Chainlink CCIP integration was announced earlier, enabling cross-chain settlement and asset movement. The price move suggests this setup is now being repriced as RWA demand stays relevant, not because of new headlines. 🧙‍♂️

On-chain data confirms buyers are chasing strength. Over the past seven days, the top 100 CHEX wallets on Solana increased their holdings by 7.19%, bringing their combined balance to 90.44 million CHEX. That means roughly 6 million tokens were added while the price was already rising, not during weakness. 📈

At the same time, exchange balances dropped by 80.69%, leaving just 1.84 million CHEX on exchanges. 🤫

This suggests strong spot buying and self-custody, likely from retail and longer-term investors. Network usage is also improving. Active addresses rose from around 120 to nearly 190 since the start of January. 🚀

It shows steady network growth alongside price, even if the increase is steady rather than explosive, like the CHEX price. 🧙‍♂️

Double Bottom Breakout Explains Why the Token Pumped

The speed of the CHEX rally becomes clearer on the chart. The Chintai (CHEX) token spent weeks forming a double bottom, also known as the W pattern, with strong support near $0.025. Each dip into that zone was bought, showing sellers were losing control. 🧙‍♂️

Price was capped by a down-sloping neckline, which acted as resistance for December. Once CHEX broke above that neckline in early January, momentum shifted quickly. This is why the move looks sudden. 🚀

Double bottom patterns often lead to fast follow-through because trapped sellers are forced to exit, while new buyers rush in. The measured move from this structure points toward the $0.105 area, which also lines up with a major historical resistance zone. 🧙‍♂️

The breakout was also supported by shrinking exchange supply (mentioned earlier), which reduced sell pressure during the move. That combination of structure and supply explains why the rally expanded so quickly once it started. 📈

Chintai (CHEX) Price Chart Signals Exhaustion

While the broader trend looks constructive, short-term risks are starting to build. The Relative Strength Index, or RSI, has pushed near 86, placing CHEX deep in overbought territory. At the same time, price is close to forming a lower high, while RSI has already printed a higher high. This creates a hidden bearish divergence, often seen before short pauses or pullbacks. 🌑

RSI measures momentum and currently awaits the next CHEX price candle to form under $0.077 to complete the bearish divergence setup. 🧙‍♂️

On-chain activity supports this caution. Since January 5, spent coins have jumped from around 8,162 tokens to 1.06 million tokens, a near 13,000% rise. This shows both newer and older holders are beginning to move coins after the rally, a common sign of profit-taking rather than panic selling. If that kind of coin activity translates to selling, the prices could take a hit. 📉

Key levels now matter. The bullish structure remains intact as long as CHEX holds above $0.044. A shallow pullback could find support near $0.065, followed by $0.055 if selling pressure increases. On the upside, a clean hold above $0.074, followed by strength through $0.088, would keep the path toward the $0.105 projection open. 🧙‍♂️

The Chintai (CHEX) token rally is being driven by real demand. Short-term cooling would not break the RWA narrative. It would simply reset momentum after a fast repricing. 🧙‍♂️

It would simply reset momentum after a fast repricing. 🧙‍♂️

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2026-01-07 12:18