Kategorie: Crypto Markets

• Quant (QNT) price hovers near $88 after bouncing off $79.
• The altcoin could eye the psychological $100 mark, helped by multiple likely tailwinds.
• QNT has retested and broken above the 50-day exponential moving average.

Quant (QNT) changes hands near $88 after bouncing off lows of $79 and touching highs of $93, with QNT likely to target the psychological $100 mark.

With the latest market recovery lifting sentiment, the token’s retest of the key exponential moving average (EMA) could be critical for bulls.

Notably, the current price levels have previously hindered bulls’ attempts to break higher.

Quant price rebounds: Is $100 next?

Quant token’s price hovered near $88 after a rebound off lows of $79 allowed bulls to test bearish resolve above $93 on Thursday.

This swift recovery marks a more than 28% surge from November 4th’s nadir, when QNT fell to under $68. Gains point to the bulls’ resilience despite the broader market turbulence.

On Thursday, Quant rose as Bitcoin’s range-trading below $103,000 despite the end of the US government shutdown upending bullish moves across altcoins.

Nonetheless, analysts say crypto could be poised for a major bounce. In previous cycles when the US government has gone into shutdown, BTC has skyrocketed on reopening.

Crypto analyst Alex Wacy shared the outlook below.

The last two times the U.S. Gov shutdown ended,

Bitcoin ripped 700% and 300%.

Shutdown just ended today 👀 pic.twitter.com/Di2HiyQ3KP

— AlΞx Wacy 🌐 (@wacy_time1) November 13, 2025

QNT’s uptick thus aligns with not just renewed optimism in altcoins but projects focused on enterprise solutions.

In such a case, the rebound has seen so-called dino blockchains gain, including Lisk and Nano, record gains in recent weeks.

What’s the technical outlook for Quant token?

Long-term holders have injected fresh liquidity amid the broader uptick, and ecosystem strength helps bulls.

If the momentum sustains, decisively taking out bears above $93 will offer impetus for a surge to $100.

On the technical front, the short-term recovery has the Moving Average Convergence Divergence (MACD) hinting at a potential bullish crossover.

On the daily chart, the MACD histogram has flipped positive.

Also notable is the daily Relative Strength Index (RSI), currently near 57 and upsloping.

QNT is also currently above the 50-day EMA, with the moving average level having acted as robust resistance since Nov. 5.

If bulls flip this into a dynamic support zone, holding firm above it will allow for a continuation.

North of this hurdle lie $107 and $130 as two immediate supply wall zones.

That means QNT’s confluence of rebound momentum, institutional tailwinds, and technical strength positions it for a potential run above the $100 mark.

Unless macro headwinds prevail, the next key levels to target will be December 2024 highs of $165 and local resistance around $200 seen in 2021.

The post Quant price retests key level: Can QNT breach $100 next? appeared first on CoinJournal.

• JPMorgan sets Bitcoin’s support price near $94K, citing rising mining costs.
• Analysts project Bitcoin could climb to $170K based on gold market parity.
• Bitcoin’s downside seen as limited after network difficulty raises production cost.

JPMorgan analysts said Bitcoin’s downside risk appears to be minimal at current levels, citing the cryptocurrency’s rising production cost as a key technical support.

In a note published Wednesday, the bank’s team led by Nikolaos Panigirtzoglou, managing director at JPMorgan, placed Bitcoin’s estimated support price around $94,000, suggesting the cryptocurrency has limited room to fall from its recent level of roughly $102,300.

Rising production costs set new support level

According to JPMorgan, the estimated cost to produce one bitcoin — often viewed as a proxy for the cryptocurrency’s “floor” price — has risen from about $92,000 to approximately $94,000.

This increase, the analysts said, is largely driven by a sharp rise in Bitcoin network difficulty, which measures how much computing power is required to mine new blocks.

As network difficulty climbs, miners must deploy more energy and hardware resources to maintain output, effectively increasing the marginal cost of producing new coins.

The analysts noted that Bitcoin’s price-to-production cost ratio now sits just above 1.0, placing it near the lower end of its historical range.

“The bitcoin production cost has empirically acted as a floor for bitcoin,” the analysts wrote, adding that “a $94,000 production cost implies very limited downside to the current bitcoin price.”

Historically, production costs have correlated closely with Bitcoin’s longer-term valuation trends, as mining profitability often influences both network participation and supply dynamics.

The current alignment, JPMorgan said, supports the view that downside risk is constrained unless broader market sentiment deteriorates further.

Upside scenario points to $170,000 target

While downside appears limited, JPMorgan reiterated its 6–12 month upside projection of about $170,000 for Bitcoin, based on a volatility-adjusted comparison to gold.

The analysts explained that Bitcoin currently consumes around 1.8 times more risk capital than gold, implying that its market capitalization could rise substantially to reach parity with gold’s level of private-sector investment.

At present, Bitcoin’s market cap stands near $2.1 trillion, while approximately $6.2 trillion is invested in gold via exchange-traded funds, bars, and coins.

“On that basis,” the note said, “Bitcoin’s market capitalization would need to rise by about 67%, implying a theoretical price close to $170,000.”

The analysts said this valuation framework reflects long-term potential rather than a near-term forecast.

Market sentiment, regulatory conditions, and liquidity factors will continue to influence how quickly Bitcoin might approach such levels.

Market context and sentiment shift

Last month, JPMorgan’s analysts issued a similar analysis, calling Bitcoin undervalued relative to gold and suggesting a possible year-end target around $165,000.

However, in a Block report, Panigirtzoglou said that recent liquidations and negative market sentiment made such a near-term rally unlikely.

Earlier in August, the same team projected a year-end target of about $126,000, which Bitcoin briefly surpassed on October 6, hitting an all-time high above $126,200 before a major liquidation event on October 10.

Despite recent volatility, JPMorgan’s latest note underscores a cautiously optimistic outlook.

With network fundamentals strengthening and production costs rising, analysts view current prices as near structural support levels — leaving room for long-term appreciation if broader market confidence returns.

The post JPMorgan sees limited downside for Bitcoin, upside potential toward $170,000 appeared first on CoinJournal.

• XLM gained by more than 6% to break above $0.29, with bulls battling off intraday lows of $0.27.
• The altcoin looked poised for a breakout above the $0.30 level.
• Key catalysts could include Stellar partnerships and sentiment around the spot XRP ETF going live in the United States.

Stellar (XLM) price gained 6% to surge past the $0.29 mark as bulls positioned for a potential breakout above the psychologically significant $0.30 level.

While price remains below the local peak above $0.35 seen this past month, the upside momentum over the 24 hours suggests buying pressure is mounting.

Key to this is a confluence of factors, including burgeoning partnerships in real-world applications.

There’s also heightened market optimism stemming from the imminent launch of spot XRP exchange-traded funds (ETFs) in the United States.

Stellar price touches key resistance near $0.30

Stellar is among the altcoins to post minor gains in the past 24 hours as Bitcoin struggles with pressure in the $103,000-$100,000 range.

XLM shows resilience with price climbing over 6% to reach intraday highs of $0.297.

This has the token poised near $0.30 amid a spike in trading volume, which was up 58% to over $291 million at the time of writing.

Notably, prices hovered at a level above which the next major resistance will be around $0.35, only if there’s a decisive breach of the $0.30 level.

Consistent buying pressure in recent sessions means buyers have been able to ride minor pullbacks.

That’s critical as the token now consolidates between $0.27 and $0.30.

Short-term indicators, including a positive MACD crossover and an upsloping RSI at 47, suggest room for further upside.

However, traders might want to watch out for broader market sentiment and action around $0.31.

XLM gains amid ETF buzz, partnerships

As noted, the surge in XLM’s value comes amid fresh positive sentiment.

Other than regulatory tailwinds, strategic alliances that enhance Stellar’s ecosystem and the launch of spot crypto ETFs stand out.

The funds listing front has an impending spot XRP ETF debut, helping the Ripple token up, and also targets the crucial $3.00 market.

Targeted partnerships are also positioning Stellar at the forefront of the tokenized real-world assets trend.

The blockchain platform welcomed a landmark collaboration with Nasdaq-listed Turbo Energy.

In this deal, the Stellar Development Foundation and Swiss digital asset firm Taurus are working together to tokenize debt financing for hybrid solar and battery installations.

Built on the Stellar blockchain, the initiative kicks off with a proof-of-concept pilot at a supermarket in Spain, leveraging XLM’s blockchain to issue and manage tokenized Power Purchase Agreements (PPAs).

„The future of climate finance needs to be as efficient as the clean energy it funds.“ –@DenelleDixon

New, transparent ways to finance on-site clean energy deployments from @turbo_energy, @taurus_hq, and SDF.

Learn more ⬇️https://t.co/uoLnDW08Ct

— Stellar (@StellarOrg) November 11, 2025

XLM could also benefit from SEC Chair Paul Atkins’s plans to create a framework for classifying crypto tokens.

On November 12, 2025, at the Philadelphia Federal Reserve Bank, Atkins advocated for a comprehensive token taxonomy rooted in the Howey Test.

The goal is to offer greater regulatory clarity by distinguishing securities from commodities and collectibles.

SEC’s objective is to foster innovation without stifling growth.

The post Stellar price eyes breakout as XLM hits key resistance near $0.30 appeared first on CoinJournal.

• Canary’s fund is set to be the sixth single-crypto ETF if it launches.
• The fund’s official website has gone live ahead of the anticipated debut.
• Past ETFs launched during the government shutdown used automatic effectiveness rules.

The cryptocurrency market is poised for a new addition with the likely debut of the first spot XRP exchange-traded fund, issued by Canary Capital.

On Wednesday, Nasdaq confirmed it had accepted the Form 8-A filing for the Canary XRP ETF, under the ticker XRPC, signalling formal readiness to list the asset.

While the announcement stirred excitement among ETF watchers, the fund still lacks the US Securities and Exchange Commission’s final approval to begin trading.

This has left its launch in limbo, even as industry observers anticipate a possible debut on Thursday.

Canary’s ETF becomes the sixth single-asset crypto fund to reach this milestone following earlier approvals for Bitcoin, Ether, Solana, Litecoin and Hedera.

However, this fund’s progression highlights a more complex regulatory backdrop, influenced by recent shifts in SEC processes during the US government shutdown.

Certification clears Nasdaq listing, but trading awaits

Nasdaq formally notified the SEC that it had received and filed the Form 8-A for Canary’s XRP ETF.

Bloomberg’s ETF analyst Eric Balchunas shared the update on X, stating that “The official listing notice for XRPC has arrived from Nasdaq.”

Despite this progress, the ETF has not yet received the green light to commence trading. The letter issued by Nasdaq confirmed approval of the listing but did not equate to SEC authorisation.

Observers have clarified that the letter is a procedural step and part of the process to join the registrant’s request for the fund to become effective.

Some in the crypto community highlighted the difference, noting that the Nasdaq letter does not declare the fund effective but only acknowledges the listing certification.

The SEC has not issued an effectiveness order, which means trading cannot begin until that step is completed.

Canary’s XRP fund joins crypto ETF roster

Following the Nasdaq filing, Canary Capital launched its official website for the ETF.

Nate Geraci, president of NovaDius Wealth Management, posted about the development, signalling that Canary was likely to be the first to market with an XRP-backed ETF.

If approved, the XRPC ETF will join the growing roster of single-asset crypto ETFs now available to investors. These include Bitcoin, Ether, Solana, Litecoin and Hedera.

Eleanor Terrett of Crypto America also indicated on X that Nasdaq had cleared XRPC for a market open launch, which further raised expectations for an imminent debut. However, the fund cannot proceed to trading without confirmation from the SEC.

ETF timing reflects shutdown-related procedure shifts

Canary’s ETF launch coincides with the recent end of the longest US government shutdown in history.

On Wednesday, President Donald Trump signed legislation that officially reopened government operations.

During the shutdown, ETFs for Solana, Litecoin and Hedera began trading under automatic effectiveness provisions.

These mechanisms allowed trading to begin without active SEC approval during periods when regulatory processes were delayed.

This approach was not used in earlier launches of Bitcoin and Ether ETFs, which both started trading only after formal authorisation from the regulator.

It remains unclear which approach the XRPC fund will follow.

Without a current effectiveness order, Canary’s ETF may be subject to additional delays, unless it qualifies under the same automatic provisions used during the shutdown period.

Launch window narrows as market watches SEC decision

Although Nasdaq has certified the listing and Canary’s infrastructure appears ready, the fate of the XRPC ETF ultimately depends on the SEC.

Canary’s website launch and market interest reflect growing anticipation, but trading cannot begin until regulators give their final approval.

Although Nasdaq certified the listing and Canary Capital launched its website, the fund did not begin trading immediately after 28 October, the initially anticipated date.

Without a final effectiveness order from the SEC, the ETF remains in limbo. Until that regulatory step is completed, XRPC cannot begin trading, and the market continues to await confirmation.

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• Aster price jumped 7% as bulls retested the $1.2 resistance level.
• Technical breakout signals a potential upside continuation.
• A whale has added to their ASTER accumulation, now holds over 8.4 million of these tokens.

The Aster (ASTER) token has its price hovering above $1.17 as bulls look to retest the $1.2 resistance level.

While the 7% intraday gains as of writing suggest a quiet day in Aster price movement standards, the uptick comes amid a notable strategic accumulation of 8.4 million ASTER tokens.

Consistent buying activity, coupled with emerging technical patterns, could shape an upside explosion for the DEX token.

Whale accumulates 8.4 million ASTER

Recent on-chain data, highlighted in a post by Lookonchain on X reveals that the whale “ThisWillMakeYouLoveAgain” has significantly bolstered its position in Aster since November 4, 2025.

Over this period, the entity has acquired 8.41 million ASTER tokens, purchased at an average price of $0.97 per token.

This $36M+ profit PEPE whale „ThisWillMakeYouLoveAgain“ keeps buying $ASTER.

Since Nov 4, he has bought 8.41M $ASTER($8.14M) at $0.97 avg and currently sitting on an unrealized profit of $1.1M.https://t.co/ojMTiObP6O pic.twitter.com/fQfaKtFJ0n

— Lookonchain (@lookonchain) November 12, 2025

This accumulation has yielded an unrealized profit of $1.1 million as of the latest updates.

Per onchain data, the whale’s transaction history spans multiple deposits of USDT into the Aster platform and subsequent token purchases. It speaks of a calculated strategy.

Notably, this investor previously realized substantial profits from trading PEPE.

Another factor that is pulling Aster up is buybacks.

Over the past 24 hours, ASTER token buybacks surged 50%, reaching a pace of $7,500 per minute.

The initiative removed 2.4 million ASTER coins from circulation, valued at approximately $2.8 million, equivalent to 0.12% of the total circulating supply.

The resulting supply reduction has provided bullish momentum for the token, with market sentiment further lifted by rumors of a potential Coinbase listing and a technical rebound that has drawn renewed interest from crypto traders.

A lot of the wins are down to astute market timing, and having bought ASTER at lows this past few weeks, the suggestion is that the bull has fresh confidence in Aster’s potential.

Aster price outlook amid technical breakout

While many altcoins continue to struggle, Aster’s price has exhibited a technical pattern breakout.

The token’s uptick and potential retest of the $1.2 level align with a breakout from a symmetrical triangle pattern on the 4-hour chart.

If bulls close above the resistance line of the triangle and print a retest around $1.215 seen earlier, it could be indicative of a reversal from bearish to bullish momentum.

The RSI and Chaikin Money Flow indicators further support this trend, with the former above 62 and likely to extend upward.

The CMF metric signals consistent capital inflows and hints at an accumulation phase that could propel Aster toward higher resistance levels.

Should the $1.2 barrier be breached, technical forecasts suggest potential targets between $1.25 and $1.50 in the near term.

Bulls’ plans will be contingent on continued market support.

However, with broader weakness, bears might have other plans.

The coming days will therefore be critical in determining whether the token can sustain upside momentum above $1.2 or not. In the case of a negative flip, prices may fall to immediate support at lows of $1.08 and $0.96.

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