The cryptocurrency market has extended its bearish trend post late 2024 rallies. However, some cryptos show signs of gearing up for a strong rebound. Discover the top five cryptocurrencies to watch right now for potential gains!
The cryptocurrency market has continued its downward trend after the late 2024 rallies. Bitcoin (BTC) dropped to a 4-month low below $77,000 on March 11, while Ethereum (ETH) lost over 13% in a week, plummeting from its December high of $4,000 to $1,875, putting significant pressure on major altcoins.
Five significant tokens including Chainlink (LINK), HYPE, and Ondo Finance (ONDO) plummeted to critical support levels during this crypto market downturn. While the APT token remains resilient and trading in positive territory, Shiba Inu dropped by 9%. Here are our top 5 cryptocurrencies of the week!
Hyperliquid is an innovative decentralized exchange (DEX) platform offering fast and secure transactions through advanced infrastructure.
Its native token, HYPE, plays a central role in the ecosystem, providing benefits such as transaction fee discounts and staking opportunities.
In late 2024, the HYPE token saw a notable value increase, soaring from $3.57 to $35, an 880% rise. However, a correction between February and March saw a -49% decrease, bringing its price down to $12.46.
Analysts foresee continuous growth for HYPE, with price estimates reaching $50 by the end of the year, supported by the increasing adoption of the Hyperliquid platform.
Ondo Finance stands out with its mission to connect traditional finance to the blockchain world. By tokenizing real-world assets like US public securities, Ondo facilitates access to diversified investment opportunities on the blockchain.
The weekly chart of ONDO shows an ascending coin pattern. The ongoing correction began with the rejection of the upper trendline at $2.14 (the high on December 16), triggering a continuous decline towards the lower support trendline.
With today’s decline, the price of ONDO tested the lower trendline support at $0.72 but is currently trading above $0.83, showing some resilience. If ONDO follows its historical price movement in this pattern, a major bounce towards the upper trendline of $3.03 is possible.
With the continued expansion of real-world asset tokenization, ONDO’s price could reach $2.00 by the end of 2025, according to current forecasts.
Chainlink is a vital infrastructure in the blockchain ecosystem, providing decentralized oracles that allow smart contracts to interact with real-world data. This functionality is crucial for many decentralized applications (dApps) and DeFi protocols.
Chainlink’s chart shows two upward diverging trendlines. The upper side connects Chainlink’s historical highs, while the lower side connects its historical lows over a certain period. This megaphone-shaped pattern can potentially lead to a significant bounce in most cases.
In the case of Chainlink, the megaphone was defined by the upper side linking the biggest moves since September 2022 and the lower side linking the lowest points since June 2023. LINK’s price has since retraced and is approaching the bottom of its megaphone pattern, suggesting an imminent rebound.
If the rebound occurs, the next level to watch is $30.81, the 2024 high level. This target is nearly 135% above the current price and corresponds to the 50% Fibonacci retracement level.
With increasing demand for reliable oracles, LINK could potentially reach $35 by the end of the year.
Aptos is a layer 1 blockchain focusing on scalability and security. It made headlines recently with the integration of native USDC on its chain, enabling stable transactions and strengthening its DeFi ecosystem.
Following the USDC integration announcement, the APT token saw a 9% increase, reaching $6.70. APT faces a notable resistance around $8, with supports at $4.70. To confirm a sustainable bullish trend, APT will need to overcome this key resistance.
With ongoing developments (such as ETF) and ecosystem expansion, APT could reach $20 by the end of 2025.
Shiba Inu is a meme cryptocurrency that has gained popularity due to its active community and initiatives like the ShibaSwap DEX. Despite its speculative nature, SHIB continues to attract investor attention.
In February 2025, SHIB experienced increased volatility, with a 23% decrease over the last month. However, initiatives such as massive burn events help support the price.
Forecasts for SHIB remain speculative, with estimates ranging between $0.000035 and $0.00005 by the end of 2025, depending on market developments and community initiatives.
Bitget is a reliable and user-friendly platform to purchase these cryptos with competitive fees. Here’s how to proceed :
Pro Tip : Some tokens like LINK and ONDO are eligible for staking on Bitget, allowing you to generate passive income.
In a market still marked by high volatility, these five cryptocurrencies stand out for their bullish momentum and strong fundamentals. HYPE, ONDO, LINK, APT, and SHIB are gaining renewed investor interest, driven by technological innovations, strategic partnerships, and growing adoption.
However, as always in crypto, caution is advised. The market remains subject to sharp fluctuations, and optimistic forecasts do not guarantee an immediate bull run!
Thomas holds a BTS in computer science with a specialization in SEO and is certified in web writing and e-commerce. Passionate about blockchain technology and cryptocurrencies since 2018, he specializes in analyzing crypto market cycles. His journey into GPU mining began in 2019 with ETH before transitioning to KASPA and Alephium (ALPH).
DISCLAIMER
This article is for informational purposes only and should not be considered as investment advice. Trading cryptocurrencies involves risks, and it is important not to invest more than you can afford to lose.
InvestX is not responsible for the quality of the products or services presented on this page and cannot be held liable, directly or indirectly, for any damage or loss caused by the use of any product or service featured in this article. Investments in crypto assets are inherently risky; readers should conduct their own research before taking any action and invest only within their financial means. This article does not constitute investment advice.
Risk Warning : Trading financial instruments and/or cryptocurrencies carries a high level of risk, including the possibility of losing all or part of your investment. It may not be suitable for all investors. Cryptocurrency prices are highly volatile and can be influenced by external factors such as financial, regulatory, or political events. Margin trading increases financial risks.
CFDs (Contracts for Difference) are complex instruments with a high risk of rapid capital loss due to leverage. Between 74% and 89% of retail investor accounts lose money when trading CFDs. You should assess whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Before engaging in financial or cryptocurrency trading, you must be fully informed about the associated risks and fees, carefully evaluate your investment objectives, level of experience, and risk tolerance, and seek professional advice if needed. InvestX.fr and the InvestX application may provide general market commentary, which does not constitute investment advice and should not be interpreted as such. Please consult an independent financial advisor for any investment-related questions. InvestX.fr disclaims any liability for errors, misinvestments, inaccuracies, or omissions and does not guarantee the accuracy or completeness of the information, texts, graphics, links, or other materials provided.
Some of the partners featured on this site may not be regulated in your country. It is your responsibility to verify the compliance of these services with local regulations before using them.
