- Midnight price prediction for November stays bullish above $0.0416, with $0.0532 the level NIGHT must clear
- Angry Crypto Show says Monument Bank’s founder expects tokenized deposits to go live on Midnight within days
- Coinglass shows NIGHT open interest up 26.74% to $26.71M, with shorts taking 71% of liquidations
Midnight price prediction for November stays bullish above $0.0416, the level NIGHT needs to hold as it presses the top of its falling channel.
Midnight Price Analysis: Can NIGHT Break Its Channel?
NIGHT is testing the top of its falling channel, with a daily close above $0.0488 needed to confirm a breakout. The token trades at $0.04593, up nearly 8% over 24 hours, according to Coinglass. It holds above all four daily moving averages, giving the rebound some support.
The 20-day EMA at $0.0416 is the first level buyers need to defend. Below that, the 50-day EMA sits at $0.03861, followed by the 100-day and 200-day EMAs near $0.0348.
The chart shows a potential cup-and-handle formation, with the decline from October’s $0.0532 high forming the handle. NIGHT has rebounded roughly 30% from its late-October low near $0.0353, but sellers continue to defend the channel’s upper boundary. The latest push reached $0.04879 before pulling back, leaving the breakout unconfirmed.
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For now, 0.0416–0.0488 defines the near-term range. A close above resistance would open a retest of $0.0532, where buyers still need to clear the pattern’s rim. Losing $0.0416 would weaken the rebound and bring $0.03861 back into focus.
NIGHT Support and Resistance Levels, November 2026
| Type | Price | Why it matters |
| Resistance | $0.04879 | 24-hour high, at the channel’s upper line |
| Resistance | $0.0532 | Early-October high, the cup’s rim |
| Resistance | $0.0552 | March high |
| Support | $0.04246 | 24-hour low |
| Support | $0.04157 | 20-day EMA |
| Support | $0.03861 | 50-day EMA |
Monument Bank Says Tokenized Deposits Go Live on Midnight Within Days
Monument Bank’s planned rollout is the clearest near-term development for Midnight. According to Angry Crypto Show, the bank’s founder said internal testing was progressing well, with tokenized deposits expected within days. The bank plans to tokenize about $330 million in deposits on the network.
Cardano founder Charles Hoskinson described the deal as a starting point. Separately, Sig Network teased a “NIGHT mode” that would extend Midnight’s privacy technology to Ethereum, Tron and other chains. It gave no launch date.
The bank rollout would mark a significant step toward commercial adoption. Its impact on NIGHT demand remains less clear, as the updates do not explain how tokenized deposits would generate token purchases.
Midnight Passes 1.9 Million Transactions, but Retail Buying Is Small
Midnight’s mainnet transaction count has passed 1.9 million, according to Midnight Explorer figures cited by Angry Crypto Show. More than 500,000 transactions came in the past week, accounting for roughly a quarter of the total.
The host also cited SundaeSwap data showing nearly 2,000 retail wallets on Cardano accumulated NIGHT worth over 6 million ADA in 30 days. At the cited ADA price of $0.173, those purchases amount to roughly $1 million.
Those figures point to growing activity and some retail interest, but they do not establish broad buying pressure. The accumulation covers Cardano wallets over a month, while NIGHT’s $17.90 million spot volume measures one day’s trading. Neither figure alone shows whether buyers can sustain a breakout.
NIGHT Derivatives: Shorts Are Paying to Bet Against the Rally
Short sellers accounted for 71% of NIGHT’s $133,120 in liquidations over 24 hours, suggesting forced closures helped fuel the rally. Funding remained negative at -0.0103% every eight hours, meaning shorts paid longs to keep positions open.
Open interest climbed nearly 27% to $26.71 million as traders added positions. Futures volume rose 63% to $66.38 million, outpacing spot volume, which increased 48% to $17.90 million. Both markets drew more activity, though futures trading grew faster.
| Metric | Value | What it shows |
| Open interest | $26.71M, up 26.74% | Positions added into the rally |
| Futures volume | $66.38M, up 63.13% | Trading rising |
| Spot volume | $17.90M, up 48.38% | Spot keeping pace |
| Funding rate (8h) | -0.0103%, -11.3% annualized | Shorts paying longs |
| 24h liquidations | $133.12K, shorts 71% | Short squeeze on the way up |
Midnight Price Prediction Scenarios for November
Bullish Case, Target: $0.0532
NIGHT holds the 20-day EMA at $0.04157, closes above the 24-hour high at $0.04879 and clears the channel line, then reaches $0.0532, about 16% above today’s price. A close above it would open the March high at $0.0552, about 20% higher. Monument Bank going live and more progress on NIGHT mode would fit this path.
Bearish Case, Risk Level: $0.03861 (50-Day EMA)
NIGHT is rejected at the channel line, closes below the 20-day EMA at $0.04157 and then $0.03861, about 16% below today’s price. That would put the late-October low near $0.0353 in play, about 23% lower, with the 100 and 200-day EMAs near $0.0348 beneath it. A delay to the Monument Bank launch and weakness across crypto, with Coinglass’s Fear & Greed reading at 29, would fit this path.
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FAQs
NIGHT stays bullish above $0.0416 and could move toward $0.0532, the rim of its cup and handle, if it closes above $0.0488 and clears the channel line. A daily close below $0.0416 would put the $0.03861 50-day EMA in play.
Coinglass shows NIGHT up 7.87% over 24 hours at $0.04593, and shorts took 71% of the $133.12K liquidated in that time, which points to a short squeeze. Angry Crypto Show also reports that Monument Bank expects to tokenize deposits on Midnight within days, though the timing is unconfirmed and none of the data ties the rise to a single cause.
Angry Crypto Show says Monument Bank’s founder expects to tokenize about $330 million of deposits on Midnight within days. The timing and amount come from a video relaying a livestream and are unconfirmed.
The 20-day EMA at $0.04157 is the first support, just under the 24-hour low at $0.04246. A close below it would put the 50-day EMA at $0.03861 and then the late-October low near $0.0353 in play.
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