Latest NVIDIA tokenized stock (xStock) (NVDAX) Price Analysis

Deep Dive

1. KuCoin Delisting Aftermath (Bearish Impact)

Overview: KuCoin delisted NVDAX on September 26, 2025, cutting access for a major exchange’s user base. While withdrawals remain open until October 26, the announcement triggered immediate selling pressure.

What this means: Delistings typically reduce liquidity and investor confidence. NVDAX’s 24h trading volume surged 35% to $13.19M, suggesting panic selling or redistribution to other platforms. Tokenized stocks rely heavily on exchange accessibility, making such events disproportionately impactful.

2. Technical Weakness (Mixed Impact)

Overview: NVDAX trades at $182.26, below its 30-day SMA ($184.73). The RSI-14 sits at 48.41 – neutral but leaning bearish. Fibonacci retracement shows resistance at $193.65 (23.6% level).

What this means: Failure to hold the 30-day SMA suggests short-term bearish momentum. However, the RSI isn’t oversold, leaving room for recovery if NVIDIA’s underlying stock strengthens. Watch the $176.90 support (78.6% Fib level) for downside risks.

3. Crypto Market Sentiment Drag (Bearish Impact)

Overview: The crypto fear-and-greed index sits at 21 (“extreme fear”), with total market cap down 1.77% in 24h. Tokenized assets like NVDAX often correlate with crypto sentiment despite tracking traditional equities.

What this means: Risk aversion in crypto markets amplifies selling in niche sectors like RWA (real-world assets). NVDAX’s 30-day correlation with Bitcoin dominance is moderately negative (-0.32), indicating it’s partially decoupling from crypto trends but still vulnerable to broad risk-off moves.

Conclusion

NVDAX’s dip reflects a mix of exchange-specific headwinds (KuCoin delisting) and technical/crypto-market pressures. Its performance remains tied to NVIDIA’s stock trajectory, but crypto liquidity dynamics add volatility.

Key watch: Monitor NVIDIA’s NASDAQ-listed shares (NVDA) for directional cues and track NVDAX’s on-chain volumes for signs of liquidity recovery post-delisting.

Deep Dive

1. Technical Momentum (Bullish Impact)

Overview: NVDAX’s price ($184.63) is above its 7-day SMA ($179.16) and 30-day EMA ($183.83), suggesting short-term bullish momentum. The MACD histogram turned positive (+0.49), indicating strengthening upward pressure.

What this means: Traders often interpret a bullish MACD crossover and price holding above key moving averages as a signal to enter long positions. The RSI 14 (49.53) remains neutral, avoiding overbought risks.

What to look out for: A sustained break above the Fibonacci 50% retracement level ($186.36) could target $194.80 (23.6%).

2. High-Yield Staking Campaign (Bullish Impact)

Overview: Biconomy’s Earn campaign (14 Nov 2025) offers up to 43% APR for locking NVDAX, driving immediate buying pressure.

What this means: Staking incentives reduce circulating supply and attract yield-focused investors. This aligns with NVDAX’s 2.27% price gain and $10.58M 24h volume.

What to watch: If withdrawals spike post-campaign (after 14 Nov), it could reverse gains.

3. RWA Exchange Listings (Mixed Impact)

Overview: NVDAX is tradable on Bitrue, Gate, and Bitget as a perpetual futures contract, enhancing liquidity. However, KuCoin delisted NVDAX in September 2025, creating volatility.

What this means: Expanded access on major platforms offsets delisting risks, but regulatory uncertainty around tokenized stocks remains a headwind.

Conclusion

NVDAX’s rally reflects a mix of technical tailwinds, staking-driven demand, and growing RWA adoption. However, its reliance on centralized exchange policies and NVIDIA’s stock performance introduces dual-layered risk.

Key watch: Monitor NVIDIA’s traditional stock price (NASDAQ: NVDA) for directional cues, as NVDAX typically mirrors its movements with a 24h lag.