Crypto Investment Update – March 2025

This Opinion post first appeared in my blog here: https://pwlcm.wordpress.com/2025/04/01/crypto-investment-update-march-2025/

This is a performance update to my crypto portfolio posted here: https://pwlcm.wordpress.com/2025/03/04/crypto-investment-update-february-2025/

Disclaimer: This post is just for educational sharing purposes. Please do your own due diligence on any products mentioned in this post.

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Market Update

Here are the charts of the 6 crypto coins in my portfolio as of 31 March 2025:

Other than TKX which went above its Ichimoku Cloud, the remaining 5 crypto coins remained in bearish mood in March 2025, as seen in their prices below their respective clouds. As the 6 coins behaved somewhat differently in March 2025, we shall examine each coin individually.

BTC Chart:

There was a Double Top pattern with the 2 tops (147,000) happened in December 2024 and January 2025, and it broke the neckline (125,000) and reached the target level (103,000) in the first half of March 2025. it rebounded towards the cloud from the 103,000 level, which served as the support level for BTC. We shall monitor subsequent price movement to see if it breaks above the cloud or breaks below the support level.

ETH Chart:

ETH had a sharp downwards impulse movement since the recent top in December 2024 (5,400), which coincided with the previous Double Top in March and May 2024. That previous Double Top neckline (3,900) was broken in August 2024 and hit the target level (2,400) in September 2024. After that it swung to the top again, but quickly retreated to the bottom. Let's see if the support level (2,400) can hold in the next month.

SOL Chart:

SOL behaved in a similar fashion as in BTC. It hit 2 tops (350 & 400) in November 2024 and January 2025, broke the neckline (250) in February 2025, hit the first target (150) in March 2025. Again, we shall see if the support level (150) can hold in the next month.

ADA Chart:

ADA was quite resilient as it maintained its Bull Flag Pattern quite well. Nevertheless, it is near the lower boundary of the channel, and let's see whether this support line can hold.

XRP Chart:

XRP held up quite well, but it seemed to form a Head & Shoulder Pattern, with the head (4.65) in January 2025, left and right shoulders (3.85) in December 2024 and March 2025. The neckline (2.65) was tested soon after the right shoulder, and then going to be tested soon. It is a crucial moment whether the neckline would be broken.

TKX Chart:

TKX was the only coin in my portfolio that broke above its Ichimoku Cloud. I think it is probably due to TKX being an utility coin for Tokenize Exchange, and the heightened volatility of the crypto market had increased the demand on TKX for discounted trading fees.

Performance Update

My crypto portfolio performance as of 31 March 2025:

The overall allocation of my crypto portfolio has dropped slightly from 7.76% to 7.48%, and the portfolio Return % and XIRR remained about the same as last month.

As mentioned in last month blog post Crypto Investment Update – February 2025, I was thinking of loading up on ETH, but didn't get to do it. I would want to observe ETH price action, particularly whether the 2,400 support level can hold, before deciding to take the plunge.

Referral Links

Tokenize Exchange:
https://tokenize.exchange/topic/invited/?invite_code=Vn58M