Top 3 Crypto Stocks Set to Benefit from Trump’s Pro-Crypto Presidency
After the U.S. election results, the cryptocurrency market has been humming with optimism. Because of his pro-crypto position and pledge to make America the crypto capital, Donald Trump’s election as the 47th President of the United States has increased buying pressure in the digital market. Here are three crypto stocks that have the potential to see a huge increase in 2025 in light of this scenario.
Coinbase Stock Breaks Key Resistance – Is a $300 Price Target Now Within Reach?
Since its operations could be greatly impacted by wider market activity, the centralized exchange Coinbase is at the top of the list of the best cryptocurrency stocks. The increased trading activity will continue as Trump’s administration pledges to expand the usage of cryptocurrencies.
The price of COIN is currently trading at $76,186, up 31% on the day, with a market value of $63.67 billion. The enormous green candle provides a clear breakout from the inverted head and shoulder pattern’s neckline resistance. A rise above $300 can be fueled by coin buyers if the breakout is maintained.
MicroStrategy Stock Surges 155% as Bitcoin Holdings Fuel Rally – Can MSTR Break $334?
With more than 252,220 BTC in its treasury, MicroStrategy is well known for its aggressive Bitcoin accumulation approach. The company’s stock serves as a stand-in for direct Bitcoin exposure MSTR because of its strong correlation with changes in the price of Bitcoin. The MSTR price experienced a strong momentum surge from $102 to $261 during the last three months, representing a 155% increase. Before facing a significant barrier around $334, the asset price will rise another 30% if the positive momentum continues.
Marathon Digital in Price Discovery Mode: Will MARA Stock Break $40?
One of the biggest publicly listed Bitcoin miners in North America is Marathon Digital. In price discovery mode, Bitcoin has the potential to greatly increase miner income and business operations. The MARA price displays the development of a falling wedge pattern on TradingView’s daily chart. Before the buyer offers a significant breakout, this chart configuration usually signals a brief downturn. A significant breakthrough from the wedge formation is 4% away from the MARA price. The stock purchasers can aim for a surge above $40 if they are successful.
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