My predictions on the Top 20 coins

Some already topped, some still have room to run.

This article will answer one important question.

Did a coin top or not?

With the market in turmoil, I decided to give you my predictions on the Top 20 coins. Let’s find out the answers together below.

Grab this time-limited Special Discount on YCC Subscriptions!

Click the button for 33% off on Annual Plan and 80% off on Unlimited Plan!

Get 33% off for 1 year!

Below, I am analyzing the Top 20 coins from CoinMarketCap by market capitalization and I excluded any stablecoins.

Under each coin I give a verdict if I believe it topped or not and explain why briefly. I base my judgement on how their price chart looks on the weekly timeframe and above.

For detailed insights on specific coins join our Patrons Pro group on Discord. There is a time-limited discount on that above! Let’s start with the coins and then close with a bonus chart at the end.

1. Bitcoin

Verdict: Didn’t top.

The price is still making higher highs and higher lows at the time of this post. This is bullish. To turn bearish on Bitcoin, its price would need to fall under 70k and stay under that level, thus invalidating its current uptrend.

Prediction: Has a good chance to make new highs after this pullback beyond 100k.

2. Ethereum

Verdict: Didn’t top.

Ethereum still has a chance to rally as long as it stays above $2,500. Because ETH failed to make a new record price in this cycle, I think it could be the last major altcoin to run before the end of this bull market.

Prediction: A new rally towards 4k is possible from here.

3. XRP

Verdict: Topped

XRP topped at $3.4 and could not hold a price above $3. This is bearish. The price is now about to re-test the $2 support. As long as its price fails to reclaim $3, I am bearish on XRP. The weekly MACD is also bearish.

Prediction: If $2 support won’t hold, XRP will fall to $1.6 next.

4. Binance Coin

Verdict: Didn’t top.

If Bitcoin and Ethereum will rally after this pullback, BNB will do well again. I remain bullish on BNB as long as the price is above $600. The current price action is a consolidation period before its next major move.

Prediction: Good chance to reach $1,000 before it tops.

5. Solana

Verdict: Topped

With a massive token unlock due in early March and the price making lower lows, I believe Solana already topped at $295. The price is around $140 now or a 55% drop since ATH. Unlikely this recovers.

Prediction: Outlook is bearish. If $110 support is lost, there’s no turning back.

6. Dogecoin

Verdict: Topped

At beast, DOGE holds above 20 cents and sees a relief rally later, especially if BTC and ETH pump. The fact that the price failed to revisit the ATH at 75 cents is also a bearish signal. Best you can hope is a revisit of 40 cents.

Prediction: Meme season is in a bear market, don’t expect much from DOGE now.

7. Cardano

Verdict: Topped

Stop waiting for $3. ADA barely managed to go above $1, but didn’t stay there for more than three weeks. This is a clear sign of weakness. If the support at 65 cents falls, the uptrend is over.

Prediction: Outlook is bearish as long as the price is under $1.

8. Tron

Verdict: Topped

The price did a classic pump and dump during the meme mania in December and topped around 45 cents. Unlikely this level is revisited in the future. If the price remains above 20 cents, the uptrend is intact.

Prediction: Price falls to 20 cents. If it holds bulls still have a chance.

9. Chainlink

Verdict: Topped

The price topped at $30. The current downtrend may find good support around $13. If that holds, LINK can bounce and go into a relief rally towards $20. If not, sellers take over for good.

Prediction: Price falls to $13. That level will make or break LINK in this cycle.

10. SUI

Verdict: Topped

After a massive rally to $5.4 in December, SUI luck turned and the price entered a downtrend. This has not stopped as of this post and may continue still. Momentum remains bearish on the weekly timeframe across major indicators.

Prediction: Price must go above $3.4 to turn bullish. Otherwise outlook is bearish.

11. Avalanche

Verdict: Topped

AVAX topped at $65 in 2024. During the November/December FOMO it failed to make a new high. That is bearish and the price fell by over 60% since. AVAX still has a chance at a relief rally to $30 if the $20 support holds.

Prediction: Key support at $20. If that fails, AVAX goes into a long bear market.

12. Stellar

Verdict: Topped

XLM topped at 64 cents. As the little brother of XRP this coin can’t make higher highs unless XRP decides to rally. This seems unlikely at this time. To get optimistic, the price needs to move above 50 cents which seems difficult now.

Prediction: Price could revisit 24 cents support before any relief rally.

13. Litecoin

Verdict: Didn’t top.

Oddly enough, Litcoin is bullish. This old-timer has something that other altcoins lack. Perhaps its long history or being the little brother of Bitcoin makes a difference. Price action shows a possible breakout above the $128 resistance.

Prediction: Visiting $200 is likely, aim to take good profits around there.

14. Toncoin

Verdict: Topped.

Toncoin is in a bear market since June 2024. Since then, the price is making lower lows. Unlikely for this to change any time soon. No point to buy this until the bottom in the next bear market. That could be a price around $1.

Prediction: Likely to fall to $2.5 next which is a key support.

15. Shiba Inu

Verdict: Topped.

Similar to DOGE and AVAX. The price failed to make a higher high in December. This is bearish. Now the price is in a downtrend. Only hope is a relief rally from the $0.000013 support towards $0.000021.

Prediction: Key support at $0.000013. If that fails, it’s over.

16. Hedera

Verdict: Topped.

HBAR had a fantastic rally in late 2024. Hard to see what would reverse the current downtrend. Only hope is a good rally from BTC and ETH to pull it higher, but unlikely it will make new highs above 40 cents.

Prediction: Good support at 13 cents. That can lead to a relief rally later.

17. Unus Sed Leo

Verdict: Topped.

Major bearish cross on weekly. This downtrend is only starting. Too risky to buy this here. Avoid it. Only bullish catalyst would be a new rally from BTC and ETH, but there are better alternatives with lower risks.

Prediction: Strong support at $6. Likely to visit that level if downtrend persists.

18. Mantra

Verdict: Didn’t top.

Momentum indicators on weekly timeframe remain bullish, but existing market conditions could pull this down. New highs are likely if the market recovers later this year.

Prediction: Strong support at $4.4. Likely to push towards $10 if bulls return.

19. Polkadot

Verdict: Topped.

DOT had one opportunity to make higher highs in 2024, but failed. This is bearish and now the price is back to bear market levels at around $5. This won’t pump again unless the overall market runs.

Prediction: Price may revisit $3.5 which is a strong support area.

20. Hyperliquid

Verdict: Didn’t top.

I don’t believe HYPE has topped and its price is in a flat trend. However, buying here is risky because we do not know where the market will go next. Either way, I expect this to run hard when money returns to the market in the future.

Prediction: Bearish if price falls under the $20 support. Ideally, buy it under $10.

BONUS CHART - Altcoin Market Cap

The altcoin market cap chart from below includes Ethereum. What’s interesting is that the uptrend based on this price action remains intact and has strong support around $1 trillion (see question mark).

What this suggests is that altcoins or at least some altcoins still have a good chance to bounce on that support level and rally again. The big question is if it will happen or not. Either way, we will find out in March.

Hopefully we get a nice bounce followed by a rally, but if not, aim to reduce your exposure to altcoins as much as possible since things will get worse if that support falls.

---

This newsletter is made possible with the generous support of our Patrons and partners. Upgrade your experience by becoming a Patron for lifetime access to our exclusive private alpha! Details are available on our Patrons page. All info is provided for educational purposes only and is not financial advice.