3 Crypto Stocks to Watch Ahead of the 2025 Bull Run

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As a seasoned analyst with over two decades of experience in the stock market, I’ve seen my fair share of bull runs and bear markets. However, the potential 2025 cryptocurrency bull run is unlike anything we’ve witnessed before. With a keen eye on the crypto market trends and patterns, I believe these three stocks – Coinbase (COIN), NVIDIA (NVDA), and Marathon Digital (MARA) – are prime contenders for significant growth in the coming years.

With the cryptocurrency market gathering steam as we approach a possible bull run by 2025, various crypto-related stocks have been drawing investor interest. These assets are strategically positioned to gain from the next surge in crypto adoption, progress in blockchain technology, and the overall positive vibe surrounding the digital market.

3 Must-Watch Crypto Stocks for the 2025 Bull Market

Today, the cryptocurrency market experienced a substantial increase as Bitcoin‘s price broke through the $70,000 psychological barrier. This surge noticeably enhanced the optimism among crypto investors for the fourth quarter. With the digital market looking forward to an extended recovery in 2025, these crypto stocks may also see a strong upward trend.

Coinbase (COIN)

Among crypto stocks, Coinbase takes the lead in our list as a top pick for the anticipated bull run by 2025. Over the past two months, the price of COIN has significantly increased from $146.12 to $221.4, representing an impressive growth of 51.53%. This surge has inflated the market capitalization to a whopping $54.99 Billion.

A study of the tradingview graph reveals an emerging bullish pattern known as the inverted head and shoulder. This pattern is typically seen near significant market lows, and its three distinct reversals suggest a buildup of strong buying interest around the support level.

If the price breaks through the $222 level of resistance, it could significantly boost the upward trend, potentially propelling the price beyond $300.

NVIDIA (NVDA)

Although NVIDIA isn’t solely focused on cryptocurrency stocks, its powerful Graphics Processing Units (GPUs) are crucial for both mining digital currencies and running blockchain applications. As cryptocurrency values escalate and more people adopt them, the need for NVIDIA’s top-tier GPUs is likely to surge.

On October 17th, NVDA’s price broke out bullishly from a flag pattern formation, indicating it had broken free from a 4-month period of consolidation. Following this breakout, the asset surged by 14.6%, reaching a brand new peak of $144.4.

If the pattern holds, the NVIDIA stock price could rise another 34% to hit a $191 high.

Marathon Digital (MARA)

Marathon Digital ranks among the top Bitcoin mining firms in North America. Given that the value of MARA shares often follows Bitcoin price fluctuations, it positions itself as a speculative investment with potential for significant returns, when compared to other cryptocurrency stocks.

As of the deadline, Mara’s (MARA) price stood at $19.17 and its market capitalization was valued at approximately $5.64 billion. The daily analysis suggests that the Marathon Digital stock is about 10% from potentially breaking through the significant resistance level in the forming wedge pattern.

As a researcher, from February 2024 onwards, I’ve noticed that the MARA price has been consistently following a downtrend defined by two converging trendlines. A potential breakout from this pattern could indicate a significant shift in the trend and propel the stock value above the $40 mark.

Conclusion:

Looking ahead to 2025, it appears that a robust bullish trend could unfold for cryptocurrencies. Here are three stocks – Coinbase (COIN), NVIDIA (NVDA), and Marathon Digital (MARA) – that seem primed to capitalize on the increasing acceptance of cryptocurrencies and the rising market appetite.

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2024-10-29 20:34