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3 Crypto Stocks Ready to EXPLODE?! You Won’t Believe What Happens Next!

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3 US Crypto Stocks to Watch Today

These cryptocurrency-related U.S. stocks – such as Circle (CRCL), Galaxy Digital (GLXY), and Core Scientific (CORZ) – are exhibiting varied responses as they adapt to the latest market developments.

CRCL shone brightly during its first public appearance, experiencing a substantial rise, whereas GLXY encountered a downturn, surprising many given the high level of analyst positivity. On the other hand, CORZ has been climbing steadily, buoyed by positive assessments from analysts.

Circle Internet Group (CRCL)

Circle Internet Financial, the organization behind the US Dollar-backed digital currency known as USDC, made history by being the initial stablecoin company to be listed on the New York Stock Exchange (NYSE).

Making its market entrance at $31 a share, CRCL saw a staggering increase of approximately 200% on its launch day, peaking at $100. Though it started the day with a decline of over 5%, it’s currently being traded around $109.

Through a successful Initial Public Offering (IPO), Circle managed to gather an impressive $1.1 billion, giving the company a total valuation of $6.9 billion. This strong investor support underscores their confidence in the venture. CEO Jeremy Allaire highlighted that this listing is crucial for Circle’s ongoing pursuit of transforming global finance, aiming to bring about significant change.

After the successful IPO, key figures in the investment sector swiftly responded: ProShares and Bitwise have already put forward plans to the Securities and Exchange Commission (SEC) for establishing new Exchange Traded Funds (ETFs). These ETFs will follow Circle’s stock performance, demonstrating the market’s growing enthusiasm towards this newly public company.

As an analyst, I’m observing that the critical support level for CRCL’s short-term price movement is situated at $106. If this level were to be surpassed, there’s a possibility that the stock might experience a downturn, potentially reaching $76.

If CRCL manages to regain its upward momentum, it might encounter resistance at around $123. Overcoming this resistance could potentially propel its price upwards towards $138.

Galaxy Digital (GLXY)

Currently, shares of Galaxy Digital (GLXY) are seeing a decline, dropping around 2% on today’s trading and almost 13% since its initial listing on Nasdaq. However, despite this temporary setback, financial analysts continue to express a very positive viewpoint regarding the company’s future prospects.

Nine financial analysts collectively predict that the value of GLXY will increase by approximately 36.23% within the next year, with an estimated maximum price reaching $27.85.

Strikingly, each of the nine analysts has recommended a “Buy with Strong Confidence,” demonstrating their firm belief in the company’s ability to thrive and grow in the future.

In simpler terms, the GLXY stock has encountered an obstacle as it hasn’t been able to surpass the resistance at $21.2. If it manages to overcome this barrier in the future, it might trigger a potential increase towards $24.99.

If the ongoing downtrend continues, the GLXY stock may reach the potential support point at $18.96.

As a researcher, I’m cautioning that if we can’t maintain our current support, there’s a risk of a continued drop in price, possibly even dipping as low as $17.99.

Core Scientific (CORZ)

Core Scientific’s stock price has shown a strong upward trend lately, with an increase of approximately 35% over the past month and a further rise of around 7% just in the last five days.

Financial analysts express significant optimism over the robust performance, with a collective prediction that CORZ will experience a substantial growth of around 44.55% within the next year. Based on forecasts from 17 analysts, the projected price target stands at $18.21.

17 out of 18 experts have given the company a “Strong Buy” or “Buy” recommendation, suggesting broad optimism about its future performance.

At the present moment, the price of CORZ is close to a significant barrier at around $13.18. If this resistance level is broken successfully, the stock might surge upward, with a possible target of $16.63.

If the resistance at $11.33 doesn’t hold and the price drops instead, Corz Inc’s (CORZ) share price could experience a significant drop, possibly reaching $9.45. In a more severe downtrend, the stock might fall further to around $7.99.

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2025-06-10 20:53

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