Trending Coins for March 16, 2025 - learn2trade
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Trending Coins for March 16, 2025: TON, RED, NOT, A8, and JELLYJELLY

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Azeez Mustapha

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Bitcoin is slowly recovering from its recent dip, and other altcoins are beginning to regain bullish momentum. This is reflected in this week’s list of trending coins, which features a completely new set of tokens replacing those from the previous week. Let’s examine each of these coins one by one.

Trending Coins for March 16, 2025: TON, RED, NOT, A8, and JELLYJELLY

Toncoin (TON)

Major Bias: Bullish

Toncoin takes the top spot on this week’s list of trending coins, having seen a price increase of 16.42% in the past 24 hours and 17.44% over the last seven days. As of the time of writing, the coin has a market capitalization of $8.51 billion and a trading volume of $760.34 million.

On the price chart, the price action shows an upside retracement in the previous session. As a result, despite the occasional dip in the ongoing session, the coin remains above the 20-day moving average (MA). However, the 50-day MA appears to have formed resistance, as the previous session rebounded from this technical landmark.

The Stochastic Relative Strength Index (RSI) lines remain in the overbought zone. However, the indicator lines appear somewhat hyperextended, suggesting that bullish momentum may weaken soon. The $4.00 mark could serve as a strong resistance level in the near term.

Current Price: $3.45

Market Capitalization: $8.51B

Trading Volume: $760.34M

7-Day Gain/Loss: +17.44%

Trending Coins for March 16, 2025: TON, RED, NOT, A8, and JELLYJELLY

Redstone (RED)

Major Bias: Bullish

RedStone ranks second on this week’s trending coins list. The token has registered a 35.29% price increase in the past 24 hours and a 40.11% gain over the past seven days. It has a market capitalization of $230.64 million and a trading volume of $248.25 million.

As a recently launched token, its price action is best analyzed on a 4-hour chart. This chart shows that price action has been consolidating over the past two sessions, but the market is still trading above the 20-day and 50-day MA lines. The Stochastic RSI lines are slightly declining toward the 80 mark, reflecting the ongoing consolidation. However, with buyers maintaining control, the market could be headed toward the $1.00 mark.

Current Price: $0.8227

Market Capitalization: $230.64M

Trading Volume: $248.25M

7-Day Gain/Loss: +40.11%

Trending Coins for March 16, 2025: TON, RED, NOT, A8, and JELLYJELLY

Notcoin (NOT)

Major Bias: Bullish

In third place on the trending coins list is Notcoin (NOT), which has experienced a 15.31% price increase in the past 24 hours and an 18.54% gain over the past seven days. At the time of writing, the token’s market capitalization stands at $252.53 million, with a trading volume of $318.33 million.

The market has been declining from one support level to another. However, price action recently rebounded from a psychological support level. While the ongoing session is bearish, the price decline has been minimal, with the token still trading above the 20-day MA. The Stochastic RSI lines are trending upwards, but their exaggerated movement raises concerns that further gains may be limited. A price target of $0.002600 may be reasonable.

Current Price: 0.002497

Market Capitalization: $252.53M

Trading Volume: $318.33M

7-Day Gain/Loss: +18.54%

Trending Coins for March 16, 2025: TON, RED, NOT, A8, and JELLYJELLY

Ancient8 (A8)

Major Bias: Bullish

Ancient8 takes the fourth spot on this week’s trending coins list, despite experiencing one of the most significant price increases. As of writing, the token has surged 220% in the past 24 hours and 155% over the past seven days. It has a market capitalization of $80.54 million and a trading volume of $79.61 million.

On the price chart, a large bullish candle has recently appeared, pushing the market above the 100-day and 200-day MA lines. However, price movements appear somewhat volatile and unpredictable. The Stochastic RSI lines are rising from deep within the oversold region, suggesting that bullish momentum may continue. A $0.4500 price target could be a reasonable expectation.

Current Price: 0.4091

Market Capitalization: $80.54M

Trading Volume: $79.61M

7-Day Gain/Loss: +155%

Jelly My Jelly (JELLYJELLY)

Major Bias: Bearish

JELLY JELLY rounds out this week’s list of trending coins, though it has posted a remarkable 160.44% price increase in the past 24 hours and 147.23% over the past seven days. The token has a market capitalization of $14.61 million and a trading volume of $44.82 million.

Despite being a newly launched token, the price chart reveals that the market has been undergoing a strong downward correction. However, the previous session saw a significant bullish recovery, pushing the token above the 20-day MA. While the ongoing session remains bearish, the price is still holding above the 20-day MA after rebounding from resistance at $0.0200. Traders may anticipate a retest of this $0.0200 resistance level.

Current Price: $0.01423

Market Capitalization: $14.61M

Trading Volume: $44.82M

7-Day Gain/Loss: +147.23%

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