x
Crypto

3 Crypto Trends That Could Yield Big Profits in January

3 Crypto Trends That Could Yield Big Profits in January
  • PublishedJanuary 6, 2025

January is shaping up to be bullish, with three crypto trends taking the spotlight. Here are the tokens to watch.

Meme Coins Are Making a Comeback

The new year brings fresh crypto trends, with promising assets emerging in key sectors. Meme coins, once hit hard by the crypto downturn, are regaining investor attention.

Elon Musk reignited interest by using PEPE as his new profile picture on X. This move led to a 16% price surge for PEPE within 24 hours.

Dogecoin is also in focus. Analyst Trader Tardigrade notes that DOGE follows patterns seen in its previous cycles. DOGE may rebound from a $0.30 trendline to reach $0.50, $1, and $1.50 in January.

AI Agents Are Creating Buzz

AI agents, a booming sector for 2025, continue gaining traction. Virtual Protocol (VIRTUAL) recently posted gains, making it a notable player.

However, since December, the project’s official address moved $62.56 million to various exchanges. This signals potential profit-taking and a looming correction. Timing your entry is crucial to avoid losses.

Two Cryptos Are Gaining Strength

SUI is making waves, overtaking Shiba Inu in market cap rankings. CoinCodex predicts SUI could hit $13 by January’s end.

Historically, when SUI’s daily RSI nears 50, significant price surges follow. A similar trend might emerge this month.

XRP also shows bullish signs, according to analyst Dark Defender. XRP faces resistance at $2.22, $2.72, and $2.90. If successful, the token could hit $5.85 later this year.

Stay Ahead of Crypto Trends

January could offer lucrative opportunities in crypto. By tracking these trends, you can make informed investment decisions.

SOURCE: Beincrypto

Written By
Liam Drake

Leave a Reply

Your email address will not be published. Required fields are marked *