Monat: November 2025

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Bitcoin could dip below $104k as momentum fades; Check forecast

Key takeaways

  • BTC is down 1% and is now trading below $104,300 per coin.
  • The bearish performance comes after Bitcoin failed to overcome the $107k resistance level.

Bitcoin dips below $105k despite strong start to the week

Bitcoin, the leading cryptocurrency by market cap, has underperformed over the last 24 hours despite a positive start to the week. The coin is now trading above $104,300 after failing to overcome a key resistance level on Monday.

It now risks dropping below $104k despite growing institutional demand. 

According to SoSoValue,  US-listed spot Bitcoin ETFs recorded a modest inflow of $1.15 million on Monday, ending the recent streak of withdrawals totaling $1.22 billion spanning over six days. If the inflow trend intensifies, it could serve as the momentum needed for BTC to extend its ongoing price recovery.

In addition to that, Glassnode reported on Monday that Bitcoin’s price action is beginning to stabilize, showing signs of a potential local bottom forming around the $100k support level.

In its report, Glassnode pointed out that the recovery towards the $106k resistance level suggests early signs of buyer re-engagement. Spot Bitcoin trading volume surged from $11.5 billion last week to $14.1 billion on Monday, suggesting strong investor participation and heightened liquidity.

BTC could dip below $104k if the bullish trend fails to build

The BTC/USD 4-hour chart is bearish and efficient as Bitcoin has found support around the 50% Fibonacci retracement level of $100,353. The support was established on November 4 and could serve as the springboard for BTC to rally higher. 

If Bitcoin’s daily candle closes above the 38.2% Fibonacci retracement at $106,453, it could rally higher and hit the 50-day Exponential Moving Average (EMA) at $110,041 in the near term.

The RSI of 58 on the 4-hour chart shows that the bullish momentum is gaining traction. The MACD lines also converged into the bullish zone, flashing a buy signal for traders. 

However, if Bitcoin’s correction continues and the daily candle closes below $106,453, BTC could extend the decline toward the key support at $100,353.

Bitcoin price by TradingView

The post Bitcoin could dip below $104k as momentum fades; Check forecast appeared first on CoinJournal.

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Zcash price crashes 25% to under $500: what’s next?

  • Zcash price has plunged 25% in 24 hours, erasing over $3 billion in market cap amid heavy liquidations.
  • Speculative unwind and profit-taking triggered the crash.
  • ZEC price is under pressure despite hitting a record 4.96 million in shielded coins in circulation.

Zcash price has dropped by more than 25% in the past 24 hours, dipping below the psychologically significant $500 mark.

Amid heavy trading that saw daily volume spike by 150%, Zcash fell to lows of $476, paring a notable chunk of the gains in an explosive rally that pushed ZEC to highs of $744.

Privacy coins, including Dash, have mirrored the sector lead’s movements.

Zcash price crashes 25% to under $500

On Nov. 11, Zcash traded near $484.

At the time of writing, this was off lows of $476 but still showed a 25% dip from intraday highs above $600.

This dip below $500 and threats of further bearish strength contrast with the outlook just days ago, when Zcash stormed to $744.

Zcash Price Chart
Zcash price chart by TradingView

Investors were attracted by visions of ZEC reaching $1,000; therefore, they poured in billions.

This drove trading volumes to unprecedented levels. Meanwhile, the coin’s rise mirrored a broader altcoin frenzy, with Zcash outpacing even established players like Stellar and Bitcoin Cash in market cap rankings. 

However, amid profit taking, frantic selling has daily volume up 156% to over $5.14 billion.

On-chain metrics also show some shielded ZEC outflows. Per CoinMarketCap, Zcash has a market cap of $7.89 billion, while data on the network’s page show shielded pool transactions have fallen from near 5 million to about 4.84 million.

Zcash price: What’s next?

In terms of price, a bearish double-top pattern has emerged on the 4-hour chart.

The price is also below the 50-day exponential moving average, and RSI is dowsloping near 39 to suggest further room for bearish movement.

Arthur Hayes, a key proponent of Zcash gains in recent weeks, summed up investor sentiment in a post on X.

At the centre of this turmoil lies a confluence of speculative unwind, structural events, and external pressures.

Zcash’s rally, which ballooned from $40 in early September to near $750 by early November, came amid halving anticipation, capital rotation and the privacy narrative.

However, profit taking, with a whale’s deleveraging of a $12 million position on November 9, has exacerbated the slide.

US stimulus expectations, relief over the end of the government shutdown, and renewed ETF-related staking enthusiasm have put the crypto market on firmer footing.

Bitcoin has pushed above $105,000, with brief spikes driven by gains in the largest tokens.

At the same time, ZEC’s sharp rally has introduced a note of caution into broader sentiment.

ZEC could still regain momentum following its halving, particularly if interest in privacy tokens strengthens again.

But a decisive reversal in Bitcoin would likely trigger further outflows from the segment and deepen the correction.

In the near term, the key downside area to watch sits in the $400–$300 range.

Bulls are looking to bounce off the $470 level as of writing and the EMA hurdle sits at $530.94.

The post Zcash price crashes 25% to under $500: what’s next? appeared first on CoinJournal.

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Uniswap price forecast: UNI eyes $7.2 after 30% pump

Key takeaways

  • Uniswap’s UNI is the best performer among the top 30 cryptos by market cap, up 20% in 24 hours.
  • The rally comes after Uniswap Labs and the Uniswap Foundation submitted a “UNIfication” governance proposal on Monday.

UNI pump on UNIfication proposal

UNI, the native coin of the Uniswap decentralized exchange, is the best performer among the top 30 cryptocurrencies by market cap. The coin is currently up by 20% in the last 24 hours and is now trading above $8.5 per coin.

It had hit a monthly high of $10.2 on Monday but is currently retracing. The rally comes after Uniswap Labs and the Uniswap Foundation submitted a “UNIfication” governance proposal on Monday.

The proposal, co-authored by protocol founder Hayden Adams, Executive Director of the Uniswap Foundation Devin Walsh, and Uniswap researcher Kenneth Ng, will reduce the supply of Uniswap’s native UNI token in part by activating a burn mechanism. 

If approved, this will mark a significant shift for Uniswap and its token holders as they have been calling for the so-called “fee switch” that would divert a portion of the trading fees that historically accrued to liquidity providers to the Uniswap protocol’s treasury or UNI token holders.

The proposal will use protocol fees earned by the Uniswap DEX and Unichain sequencer to burn tokens, while also directly burning 100 million UNI tokens currently sitting in Uniswap’s treasury. 

Furthermore, the proposal would halt Uniswap Labs from earning fees on its interface, wallet, and API. However, it remains unclear the percentage of the fees will go towards token burns. 

UNI could retrace to $7.2 as the bullish surge subsides

The UNI/USD 4-hour chart is bullish but inefficient as the coin pumped on the UNIfication news on Monday. The coin is now retracing and could gain efficiency in the near term.

The technical indicators remain bullish, with the RSI of 73 showing that UNI could soon enter the overbought region. The MACD lines are also within the positive territory, indicating a bullish bias.

If the retracement continues, UNI could drop to the $7.2 level to gain efficiency in the near term. An extended dip would see the bulls forced to defend the support level at $6.6. 

However, if the bullish trend resumes, UNI could reclaim the $10.2 high created on Monday over the next few hours or days.

Uniswap price by TradingView

The post Uniswap price forecast: UNI eyes $7.2 after 30% pump appeared first on CoinJournal.

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Avalanche (AVAX) price eyes $20 breakout as US Treasury approves crypto ETF staking

  • Avalanche (AVAX) price hovers at $17.75 but could eye a breakout above $20.
  • This comes as major US asset managers take note of US Treasury guidance on ETF portfolios and staking.
  • Ethereum, Solana and Avalanche among altcoins likely to benefit if full implementation rolls out.

The Avalanche (AVAX) cryptocurrency is gaining attention as altcoins pop following a pivotal regulatory decision by the US Treasury and IRS.

As the cryptocurrency market continues to evolve, focus is on key projects and likely bullish breakouts. 

In this case, approval of staking for crypto exchange-traded funds (ETFs) could influence market dynamics, and AVAX may be among the tokens to watch.

Avalanche price eyes $20 breakout

Avalanche, known for its high-throughput blockchain and robust ecosystem, could experience renewed investor interest amid favorable market conditions.

Currently, AVAX price is at $17.75, and has approached $20, a critical resistance level.

However, the price point is a key psychological and technical barrier after bulls failed to clear on multiple occasions.  

Nonetheless, AVAX has demonstrated resilience following the bulls’ plummeting to lows of $16.

Avalanche Chart
Avalanche price chart by CoinMarketCap

Price remaining near the level suggests a succession of green days amid upside volatility will buoy buyers.

Given current bearish sentiment, coupled with global risk asset jitters in recent weeks also suggests the asset may be undervalued. If so, it could present a potential buying opportunity for investors.

That may be the flip point if AVAX strikes and sustains an upward trajectory.

A break above the $20 threshold is key, largely as the correlation that AVAX has with other proof-of-stake (PoS) networks like Ethereum and Solana further bolsters its case.

It is because these assets are expected to benefit from fresh regulatory clarity.

US crypto ETFs to stake nod

The US Treasury and IRS have introduced Revenue Procedure 2025-31, a landmark decision that establishes a tax safe harbor for crypto ETFs and trusts to engage in staking activities.

This guidance allows regulated funds to stake digital assets such as ETH and SOL while maintaining a pass-through tax status. Analysts say the move eliminates previous legal uncertainties.

 

Why is this important?

While key conditions include holding a single crypto asset type with a qualified custodian and distributing staking rewards directly to investors, it’s a development that could unlock significant capital inflows into PoS networks.

That includes Avalanche, whose native token could tap into institutional participation.

Add anticipated ETF hype, and this could transform staking into a mainstream investment strategy.  

The convergence of Avalanche’s price potential and catalysts such as the US Treasury’s stance on crypto staking may turn out extremely bullish for AVAX.

Crypto treasury efforts are also a huge catalyst.

The AVAX price last tested a local peak above $20 when bulls saw a breakout taper out near $35 in September.

Beyond that, the altcoin reached highs of $55 in December 2024.

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