3 Altcoins to Watch in the First Week of June 2025

The cryptocurrency market still lacks a clear direction, with mixed signals causing many altcoins to trade sideways or decline. However, as June begins, optimism increases about the possibility of Bitcoin reaching a new All-Time-High.

BeInCrypto has analyzed three altcoins for investors to watch – cryptocurrencies with the potential to leverage Bitcoin's momentum or forge their own path.

Quant (QNT)

QNT has had a moderate growth week, maintaining support above $101 while currently trading at $104. This stable performance indicates growing investor confidence, despite no significant price increase being recorded.

The appearance of a Golden Cross, with the 50-day EMA crossing above the 200-day EMA, suggests QNT could push to $111. If successfully converting this resistance to support, it would confirm a positive trend for the altcoin and attract more buying interest.

Despite bullish signals, profit-taking risks remain. If investors start selling, QNT could drop below the $101 support, potentially falling to $89. This move would invalidate the current price appreciation prospects and signal caution among traders.

SPX6900 (SPX)

SPX6900 stands out as one of the few meme coins that avoided recent significant declines, trading steadily at $0.97 near the crucial $1.00 level. This stability demonstrates investor confidence as the coin maintains its position despite broader market volatility.

The RSI moving into the price increase zone, after retreating from overbought levels, signals new buying momentum. This change could help SPX6900 maintain $1.00 as a strong support, potentially pushing the price to $1.23 and continuing the upward trend.

However, if investors decide to sell, SPX6900 may struggle to maintain its price momentum. A selloff could push the price down to $0.81 or lower, which would invalidate the current positive prospects and indicate increasing selling pressure.

Monero (XMR)

XMR dropped 22% last week after a strong May but has increased 7% in the past 24 hours, trading at $347 near the $348 resistance. This recent price increase suggests new buying interest despite previous losses.

XMR's strong 0.81 correlation with Bitcoin allows it to reflect BTC's price increases. If Bitcoin reaches a new All-Time-High, the altcoin could convert the $348 level to support and push to $418, benefiting from the cryptocurrency king's momentum.

However, bearish conditions or selling pressure on BTC or XMR could lead to a decline below the $325 support. A drop to $300 would invalidate the current price appreciation prospects, signaling potential downside risks.