The cryptocurrency market has been buzzing with optimism following the U.S. election results. Donald Trump’s victory as the 47th President of the United States has reignited buying pressure in the digital market, thanks to his pro-crypto stance and promise for America the crypto capital. Here are three crypto stocks to buy as investors anticipate a post-election rally.
3 Crypto Stocks Primed for Gains Post-Election
On Wednesday, November 6th, the crypto market witnessed a sudden surge in buying pressure as Donald Trump took the win for the 47th President of the United States. The pioneer cryptocurrency, Bitcoin, rallied nearly 10% to hit a new high of $76,800, accelerating the broader market. Here are three crypto stocks that show potential for a massive surge in 2025.
Coinbase (COIN)
The centralized exchange Coinbase tops our list of top crypto stocks as broader market movement could significantly impact its operation. As Trump’s leadership promises to boost crypto adoption, the heightened trading activity will increase.
With the crypto market today, the COIN price trades at $76,186 with an intraday gain of 31% and a market cap of $63.67 billion. The massive green candle offers a decisive breakout from the neckline resistance of an inverted head and shoulder pattern.
If the breakout is sustained, the coin buyers could drive a rally past $300.
MicroStrategy (MSTR)
MicroStrategy is renowned for its aggressive Bitcoin accumulation strategy, holding over 252,220 BTC in its treasury. The company’s stock highly correlates with Bitcoin’s price movements, making it a proxy for direct Bitcoin exposure MSTR.
In the last three months, the MSTR price witnessed a high momentum rally from $102 to $261, accounting for 155% growth. If the bullish momentum persists, the asset price coin drives another 30% before challenging key resistance at $334.
A potential breakout will accelerate the recovery momentum and drive a higher rally.
Marathon Digital (MARA)
Marathon Digital is one of North America’s largest publicly traded Bitcoin miners. BTC in price discovery mode could significantly boost miner profits and companies’ operations.
In tradingview’s daily chart, the MARA price shows the formation of a falling wedge pattern. This chart setup typically indicates a temporary correction before the buyer offers a major breakout.
Currently, Marathon Digital traded at $19.3 with an intraday gain of 19%. The MARA price is 4% away from a major breakout from the wedge pattern. If successful, the stock buyers could target a rally past $40.
Conclusion:
The election of a pro-crypto U.S. president has already set the stage for a bullish cryptocurrency market, and crypto stocks Coinbase (COIN), NVIDIA (NVDA), and Marathon Digital (MARA) are likely to follow suit.
Frequently Asked Questions (FAQs)
Top crypto stocks positioned for gains after the election include Coinbase (COIN), MicroStrategy (MSTR), and Marathon Digital (MARA), each showing strong potential for bullish rallies
Donald Trump’s victory as a pro-crypto U.S. president has spurred optimism in the market, with Bitcoin reaching new highs
Donald Trump’s pro-crypto stance as the 47th President has boosted market confidence, with promises to enhance crypto adoption and position the U.S. as a leader in blockchain innovation
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
Source: https://coingape.com/markets/3-crypto-stocks-positioned-for-post-election-rally/
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