3 Altcoins in the Analyst Spotlight in Early June 2025: Ready to Follow Bitcoin to the Top?

Jakarta, Pintu News – The beginning of June 2025 brings mixed sentiments in the cryptocurrency market. Amidst the uncertainty of market direction and the dominance of sideways movements, some altcoins are starting to show promising technical signals. With the potential for Bitcoin to reach a new price record, altcoins such as Quant (QNT), SPX6900 (SPX), and Monero (XMR) are in the spotlight for the opportunity to score bigger profits.

1. Quant (QNT): Golden Cross Triggers Optimism

Quant showed steady strength by staying above the support of $101 (approximately Rp1,646,300), currently trading at $104 (Rp1,695,200). This indicates that there is investor confidence in this coin, although a significant increase has not yet occurred.

One of the key bullish indicators is the formation of a Golden Cross, where the 50-day moving average breaks above the 200-day average. This is usually a sign of a medium-term uptrend. If QNT is able to break and maintain a price above $111 (Rp1,809,300), then buying interest could increase dramatically.

However, the potential for correction remains. In case of profit-taking, QNT risks falling back below $101. If this happens, the next support is around $89 (IDR1,450,700), which could indicate a trend reversal.

Also Read: Pi Network (PI) Token is Ready to Flood! What Happens If the Price Falls Below IDR6,500?

2. SPX6900 (SPX): Resilient Meme Coin

Unlike many other meme coins that plummeted, SPX6900 managed to maintain a stable price around $0.97 (IDR15,811), close to the psychologically important level of $1.00 (IDR16,300). This resilience is a strong indication that investors are not rushing to offload their holdings.

The RSI indicator, which is rising again after entering the overbought zone, shows the re-emergence of buying momentum. If SPX6900 can break and make $1.00 as support, the next target is at $1.23 (IDR20,049).

However, if selling pressure increases, the price could drop to $0.81 (IDR13,203) or lower. This correction would invalidate the positive outlook and trigger further selling pressure.

3. Monero (XMR): Following in Bitcoin’s Footsteps?

Monero (XMR) suffered a 22% drop last week after a solid performance in May, but recorded a 7% gain in the last 24 hours, now sitting at $347 (IDR5,656,100). This signals renewed buying interest, especially since XMR’s correlation with BTC stands at 0.81.

With a close relationship to Bitcoin’s movement, if BTC manages to break the ATH, XMR is likely to break the resistance of $348 (IDR5,673,600) and continue its rise towards $418 (IDR6,813,400).

However, if BTC is pressured again or there is a sell-off in XMR, the price could drop below the $325 (IDR5,297,500) support and even touch $300 (IDR4,890,000), canceling the bullish projection.

Conclusion

Although the crypto market is still moving without a clear direction, altcoins such as QNT, SPX6900, and XMR show technical potential that is worth paying attention to. By observing key resistance and support levels, investors can design a more measured strategy amidst high market volatility.

Also Read: XRP is in Freefall! Is This a Sign of a Big Storm in the Crypto World?

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities are subject to high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying andselling Bitcoin and other crypto asset investments are the responsibility of the reader.

Reference:

• BeInCrypto. 3 Altcoins to Watch in the First Week of June 2025. Accessed June 3, 2025.
• Featured Image: Generated by AI