Cryptocurrency prices remained under pressure on Wednesday as concerns about trade rose. Bitcoin moved below the important point at $100,000, while most altcoins were deep in the red. This performance may continue this week as risks remain. Let’s look at some of the top cryptocurrencies like Polkadot (DOT), IOTA (IOTA), Stellar Lumens (XLM), and Fartcoin (FARTCOIN).

Polkadot price prediction

Polkadot, the popular layer-1 network, has been in a steady downward trend in the past few weeks even as it prepares for a major upgrade that will introduce Ethereum Virtual Machine (EVM) and other features.

The weekly chart shows that the coin has dropped for five consecutive weeks. This retreat happened after it retested the key resistance point at $11.50, where it formed a double-top-like chart pattern. 

Polkadot has dropped below the 50-week moving average, and is nearing the important support level at $3.816. This support was crucial since it was its lowest level in 2022, 2023, and 2024. That is a sign that it has formed a triple-bottom pattern, a popular bullish reversal sign.

Therefore, the Polkadot price forecast for now is neutral. A drop below the support at $3.817 will point to further downside, potentially to $2. 

On the positive side, this prolonged consolidation may be part of the accumulation phase of the Elliot Wave pattern. If this is correct, then the token may rebound to the 50% retracement level at $30, up by 500% from the current level.

IOTA price forecast

IOTA, like Polkadot, has also been in a steady downward trend in the past few days, moving from a high of $0.6361 to a low of $0.2298, its lowest swing since November 25. 

IOTA has dropped as investors prepare for the upcoming Rebased upgrade that will lead to major changes in the network. For example, Rebased will introduce a 10% staking yield and EVM and Move smart contracts.

The IOTA price has retreated below the 50-day moving average and the resistance at $0.4188, the highest level in March 11. IOTA has formed a cup and handle pattern. 

There are two scenarios to watch. First, the coin may crash to the lower side of the horizontal channel, and second, it may rebound soon. A rebound will see it first retest the key point at $0/4188, followed by $0.6361, up by almost 200% from the current level.

Stellar Lumens price prediction

The weekly chart reveals that the XLM price peaked at $0.6415 in November last year and then crashed to a low of $0.2620, its lowest level in November. This crash was notable since it dropped below the lower side of the symmetrical triangle pattern that was part of the bullish pennant pattern. A bullish pennant is one of the most bullish signs in the market. 

Stellar has also crashed below the support at $0.4410, its highest level in 2021 and the upper side of the cup and handle pattern.

On the positive side, Stellar is slowly forming a hammer candlestick pattern that may lead to a strong rebound soon. If this happens, the key price to watch will be at $0.6415, up by almost 90% from the current level. 

Fartcoin price prediction

Fartcoin, the popular Solana meme coin, has also crashed from its all-time high of $2.7373 earlier this year to the current $0.6600. It has dropped below the key support level at $1.3020, its highest swing in December last year. 

The coin has moved downwards below the 50-day moving average and is forming a small bearish pennant pattern, pointing to a strong bearish breakdown, potentially to the support at $0.1510. This price target is down by 77% below the current level.

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XPeng stock price has surged this year. It has jumped by over 40% in 2025, making it the best-performing electric vehicle stock. This rally has brought its market cap to over $16 billion. So, is XPEV a good EV stock to buy this year?

Why the XPeng stock price is soaring

XPeng is one of the biggest electric vehicle companies in China. It is an EV brand that sells several brands that have become highly popular in China. Most importantly, XPeng has received substantial investments from Volkswagen, one of the biggest automakers globally.

XPeng’s business has grown substantially in the past few years. Its annual revenue jumped from over $333 million in 2018 to $4.32 billion in 2023. According to SeekingAlpha, its trailing twelve-month revenue was over $5.3 billion. 

This growth happened in a relatively difficult period time for the electric vehicle industry as competition rose and protectionist policies in the US and Europe escalated. Competition has come from other companies like Tesla, BYD, Nio, and Huawei. Countries like the United States and those in Europe have imposed substantial tariffs on Chinese EVs. 

XPeng’s business has continued to do well, indicating demand is still there. Data released this week showed that its vehicle deliveries jumped sharply in January. It sold 30,350 vehicles, up by 268% from the same period last year. 

It was the third month that the firm sold over 30,000 vehicles, a sign that demand continued even as the Chinese economy slowed. This also happened as it dished discounts and expanded its store footprint in the country. 

The most recent earnings report revealed that XPeng delivered over 46,500 vehicles in the third quarter. Its revenue rose by 18.4% to $1.44 billion.

Most notably, the company moved into positive gross margins, a sign that it is starting to focus on profits. Its gross margin rose to 15.3%, which explains why the net loss improved to $0.26 billion. 

Read more: XPeng stock price analysis: technicals point to a 40% jump

Is XPEV stock a good buy?

There are a few reasons why the XPeng stock is a good investment. First, the company is ramping up vehicle production, a move that it will continue doing well in the longer term. This growth will likely come from international markets. While countries have imposed tariffs, its scale in China will substantially lower costs and make it compete in places like Europe and Asia..

Second, analysts are optimistic that the XPeng revenue growth will continue. The average estimate is that XPeng’s revenue grew by 23% in the fourth quarter, bringing the annual rate to 35%. XPeng’s first-quarter guidance will be a 116% revenue growth.

Further, there are signs that XPeng is an undervalued EV stock compared to some of its peers. It may maintain this valuation as long as it continues growing its business and reducing its losses.

Additionally, its partnership with Volkswagen is a positive thing as it will help it gain a foothold in the vast European market. Just recently, the two firms announced that they would build one of the biggest charging networks in China. 

XPeng stock price analysis

XPEV stock by TradingView

The weekly chart shows that the XPEV share price bottomed at $6.90, where it struggled to move below since 2023. It then bounced back and moved to the current $17.07.

XPeng stock has moved above the 50-week Exponential Moving Average (EMA), and is nearing the key resistance at $23.6, its highest level in July 2023. This is a notable level since it is above the 23.6% Fibonacci Retracement level.

Therefore, the XPeng stock price will likely keep rising as bulls target that level. A break above it wil bring the 50% retracement point to view. That price is about 140% above the current point.

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Plug Power stock price has crashed and is hovering near its all-time low as most new energy companies came under intense pressure. PLUG has dropped by over 8% this year and 58% in the last 12 months, bringing its market cap to over $1.69 billion. So, is it safe to buy the Plug Power stock dip?

Why Plug Power stock price has crashed

Plug Power is one of the biggest niche companies in the United States. It is a vertically integrated firm that manufactures hydrogen products, which analysts expect will continue doing well over time. 

However, the industry has come under major headwinds this year. For example, Toyota, a top company that planned to dominate the hydrogen vehicle industry, has said that it will end passenger vehicle manufacturing amid weak demand. 

The other notable development is that Nikola, another top hydrogen trucking company, is on the verge of bankruptcy. It has already sold some of its machinery to Mullen Automotive, a firm that may also collapse as soon as this year. 

Further, Plug Power may go through a major challenge during the Donald Trump administration, which is expected to change its focus on renewable energy to fossil fuels. According to Bloomberg, the administration is considering cancelling a $400 billion program to finance clean energy projects. 

Plug Power has been a key beneficiary of this program as it received $1.6 billion financing in January. It is not clear whether the Trump administration will want to cancel the project, considering that Plug Power hopes to use these funds to build up to six hydrogen plants in the country. 

The government financing was an important part for the Plug Power stock as it ensures that it reduces dilution that has been going on for a while. Plug Power’s outstanding shares have risen from 306 million in 2020 to over 880 million today. 

Read more: Plug Power stock is risky, but a short squeeze can’t be ruled out

Analysts are optimistic about PLUG growth

Another positive is that analysts are highly optimistic about Plug Power’s future, helped by the US’s hydrogen demand. 

The most recent results showed that Plug Power revenue dropped to $173 million in the third quarter from $198 million in the same period a year earlier, Its nine-month revenue dropped to $437 million from $669 million a year earlier.

Most of Plug Power’s revenue still comes from the sale of equipment and related infrastructure. It hopes that the hydrogen fuel delivered to customers will continue doing well.

On the positive side, analysts are optimistic that the company’s business will continue doing well this year. The average revenue estimate for 2024 is $704 million, followed by $953 million this year. It will then cross the $1 billion in annual revenue in 2026.

At the same time, analysts anticipate that Plug Power’s business will make progress towards making profits. The loss per share will move from $1.8 in 2023, followed by $1.24 in 2024 and 62 cents in 2026. 

Plug Power stock price forecast

The weekly chart shows that the PLUG share price has remained in a tight range in the past few months. It has moved downwards, forming a descending channel. The stock has remained below the 50-week moving average, while the MACD indicator has formed a bullish divergence and is about to make a bullish breakout. 

The Relative Strength Index (RSI) has also made a series of higher highs, and higher lows, a positive sign of a bullish divergence. Therefore, while Plug Power stock is risky, a short squeeze cannot be ruled out. If this happens, the next point to watch will be at $4.9, its highest level in May last year, up by 130% from the current level.

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EVgo stock price has imploded in the past few months, erasing some of the gains made late last year. It crashed to a low of $3.50 on Tuesday, down by almost 62% from its highest level in 2024, bringing its market cap to over $1 billion. This article explains why the EVGO stock price may surge by over 160% this year. 

EVgo business is growing

The first important aspect is that EVgo’s business is having strong growth as demand for EV charging grows in the United States. Data shows that there are now over 3.5 million electric vehicles in the country. While the industry is slowing, there is a likelihood that more EVs will be sold in the coming years. 

This growth will benefit EVgo because of its strong market share in the EV charging industry in the US. The most recent results revealed that the company made over $67.5 million in the third quarter of 2024, a 92% annual growth rate. 

This growth happened as the firm aded 270 new stalls during the quarter, a trend that may continue growing. It ended the last quarter with 3,680 stalls and 1.2 million active customer accounts. 

EVgo’s annual revenue has remained steady, a trend that may continue. For example, analysts anticipate that its annual revenue rose from $160 million in 2023 to $258.6 million in 2024. They also believe the figure will reach over $361 million in 2026. If this trend continues, the company will likely hit $500 million in annual revenue in 2026.

The challenge, however, as I wrote in January, is that the firm may have been affected by the recent California fires. 

Strong balance sheet

Another reason why the EVgo stock price may surge soon is that its balance sheet is stronger than where it was a year ago. This means that its dilution trend will start to end. Data shows that the number of outstanding shares jumped from 23 million in 2021 to over 106 million. An increase in share count hurts investors because it dilutes their shareholding. 

EVgo’s balance sheet has improved after the company reached a big deal with the Department of Energy (DoE). The company closed a $1.25 billion guaranteed loan facility from the DoE under its Title 17 Clean Energy Financing Program. These funds will be used to build 7,500 new fast-charging stalls nationwide. 

The benefit of this loan is that it is guaranteed by the US government, meaning that it has low interest rates. The collateral will be its 1,5954 charging stalls in the US. 

Further, EVgo’s business will also likely do well because of its partnership with General Motors. This partnership will help it to triple its charging network by 2029, a move that will push its revenues higher.

EVgo stock price analysis

The other key reason why the EVgo share price will bounce back is that it has strong technicals. On the weekly chart, we see that the stock formed a falling wedge chart pattern between 2021 and 2024. A wedge is one of the most popular bullish reversal signs in the market, which explains why it soared to $9. 

The ongoing retreat is likely part of the formation of the double-bottom pattern at $1.76. If this happens, it means that the stock will rebound and retest the key resistance level at $9, the double-bottom’s neckline, which is about 165% above the current level. However, a drop below the support at $1.75 will invalidate the bullish view of the double-bottom pattern.

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American stocks have a long history of doing well, with the Dow Jones, Nasdaq 100, and S&P 500 indices nearing their all-time highs. This growth has made some companies highly expensive, with the Berkshire Hathaway stock soaring to over $700k. 

Therefore, investing in cheaper companies with huge growth potential may be a good idea. Here are some of the best stocks under $10 to buy and hold for 5x gains.

Nio (NIO)

Nio is one of the best stocks under $10 to buy and hold this year. It is a contrarian recommendation since its stock has crashed from $67 to $4.9 today. The main reason why it is a good stock to buy is that it is still selling thousands of vehicles a month even as competition rises. 

Nio delivered 13,863 vehicles in January, a 37% annual increase. Analysts anticipate that Nio’s annual revenue grew by 23% in 2024 and anticipate that it will expand by 42% in 2025, helped by its ONVO brand and international expansion.

Read more: Nio stock price prediction 2025: a 70% surge is possible

Compass (COMP)

Compass is another stock under $10 to buy for huge gains ahead. Its stock has already jumped by over 300% from its lowest level in 2023 and is hovering at its highest point since April 2022. This performance is happening at a time when a court ruling dramatically changed how real estate agents are paid. 

Compass business is gaining market share and is expected to continue growing. Annual revenue is expected to move from $5.63 million in 2024 to over $6.56 million this year. It will also benefit when the Federal Reserve starts cutting interest rates.

Redfin (RDFN)

Redfin is a top company in the real estate industry, where it runs a portal where people can search and find property for rent and purchases. It also offers Redfin Premier and mortgage solutions. 

Redfin’s business has been challenging in the past few years as its revenue dropped from over $1 billion in 2022 to $967 million in 2023. Analysts are optimistic that the company will start thriving, as its annual revenue for 2024 is expected to be $1.04 billion, followed by $1.14 billion this year. 

Redfin is also expected to continue narrowing its losses. The estimate is that its loss per share moved from $1.25 in 2024 to 98 cents this year. Redfin stock has formed a falling wedge pattern, pointing to a rebound later this year. 

EVgo (EVGO)

EVgo is an American company that is building electric vehicle charging infrastructure in the country. It has attracted over 1 million customers, received a Department of Energy (DoE) loan, and inked a partnership with General Motors. 

The company’s business is growing, with its annual revenue expected to come in at $258 million this year, followed by $361 million in 2025. This growth will continue as the firm plans to triple its stores in the next few years. Its top competitors, like Blink Charging and ChargePoint are struggling, which may benefit it. 

Grab Holdings (GRAB)

Grab Holdings is another good stock under $10 to buy and hold. It is a large Uber alternative with large operations in Singapore and several Southeast Asian countries. The company has expanded its business by venturing into fintech, food and grocery deliveries, and other solutions. 

Grab’s business is seeing modest growth. Revenue growth was $2.8 billion in 2024 and $3.4 billion in 2025. The stock may be supercharged if Grab Holdings merges with GoTo to create a $25 billion company.

Other top stocks under $10 to buy

Some of the other potential stocks under $10 to buy are ANGI, Plug Power, NextDoor, AMC Holdings, Clover Health, and Figs.

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