Mitosis (MITO), a cryptocurrency that powers the Mitosis layer 1 blockchain and aims to improve DeFi liquidity by making it more accessible and flexible, appears poised to propel market momentum, according to data released today by Crypto market analyst Ronald. After climbing 5.4% and 0.2% respectively over the past week and month, the DeFi token is showing a promising bullish setup, showing a potential 50% price rise ahead.
On-chain data shows that MITO is a relatively new crypto asset that began public trading on major crypto exchanges (like Binance and several others) last year, on August 20, 2025, to allow mainstream users to access and interact with the decentralized token.
another 50% candle coming
don’t fade it pic.twitter.com/6enJFbMU7y
— Crypto.Ronald (@CryptoGemRnld) January 17, 2026
The presence of the cup and handle pattern and its implication
Today, the analyst identified the formation of a classic cup and handle pattern on MITO’s monthly trading chart, indicating that a bullish breakout is imminent. The Cup and Handle pattern setup shows that as the asset’s bullish moves continue, MITO is preparing to push the momentum higher.
The cup and handle pattern, which resembles a teacup, indicates that MITO price recently built a rounded bottom (the cup) and was followed by the current correction (the handle) before experiencing an imminent breakout. MITO price, currently trading at $0.07712, increased by 4.4% in the last 24 hours, showing its consolidation movements.
According to the analyst, the breakout trend could soon push the price of Mitosis up by 50%. Measuring the depth of the cut and adding it to the breakout mark, MITO’s projected price target is $0.115305, which is expected to climb to this level in the coming days or weeks.
Although the pattern’s measured movement projects a target around $0.115305, the rally could see resistance before climbing to this mark. Mitosis’s monthly chart shows a full cup-and-handle pattern with a descending neckline that forces buyers to absorb selling pressure across many price levels rather than breaking through a single resilience point.
The current Mitosis price is $0.07712.
Technical structure supported by liquidity inflows
Since the public launch of its token in late August last year, Mitosis’ TVL has increased from a low of $77.22 million to an ATH of $438.74 million, seen in October. One of the catalysts for the growth of the Mitosis network is its innovative ability to enable crypto users to optimize liquidity on DeFi platforms. The network’s consistent TVL increase month-over-month reflects growing customer confidence in its DeFi services, as institutional and individual customers continue to deposit assets into the network.
