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February 20, 2025

Best Crypto to Buy in Canada: Top Coins & Live Price Updates

February 20, 2025

Cryptocurrency investing in Canada is growing rapidly, with more traders looking for the best crypto to buy while keeping track of market prices.  Whether you’re a seasoned investor or just getting started, knowing the latest coin prices in CAD, understanding market movements, and choosing the right platform that can help you make informed decisions.

In this guide, we’ll explore the top cryptocurrencies to consider in Canada and provide updated price insights on Bitcoin to CAD, Ethereum to CAD, and XRP to CAD, along with the market news that drives these movements.

Top Cryptocurrencies to Buy in Canada

If you’re wondering what the best crypto to buy in Canada is, here are some of the top choices based on their market potential, adoption, and long-term outlook.

1. Bitcoin (BTC) to CAD

Bitcoin remains the most valuable and widely adopted cryptocurrency. As the first digital currency, BTC is often seen as “digital gold” due to its limited supply of 21 million coins. Many investors in Canada consider Bitcoin a hedge against inflation and a long-term store of value.

Additionally, institutional adoption continues to grow, with major companies and financial institutions adding BTC to their balance sheets. The increasing mainstream acceptance and recent market movements also makes Bitcoin a strong investment choice.

Market Outlook for Bitcoin: Consolidation Phase

Trading View Weekly chart for bitcoin for early 2025

Source: TradingView, Weekly chart

As at February 2025, After a strong rally, Bitcoin has entered a sideways consolidation range. This phase often serves as a reaccumulation zone before the next major move.

📌 Strategic Approach: This is an optimal time to accumulate positions, as long as key support levels hold.

🔎 Breakout Watch:

  • A bullish breakout above the range could trigger a new upward leg, confirming trend continuation.
  • A breakdown would warrant caution, requiring a reassessment of key support levels.

Monitoring price action and volume dynamics will be crucial to anticipate the next move.

2. Ethereum (ETH) to CAD

Ethereum is the foundation of decentralized applications (dApps) and smart contracts. Unlike Bitcoin, which is primarily used as a store of value, Ethereum’s blockchain powers thousands of projects, including decentralized finance (DeFi), NFTs, and enterprise blockchain solutions.

With upgrades like Ethereum 2.0 improving scalability and transaction speeds, ETH continues to be a top investment choice. Many analysts believe that Ethereum’s long-term value could increase as more applications are built on its network.

Ethereum Technical Outlook: Key Trendline Support

Trading view weekly chart for eth to cad market analysis

Source: Trading View, Weekly Chart

In February 2025, Ethereum  is currently testing the trendline that has supported the entire bullish move since 2022.

📌 Bullish Structure:

  • The price action maintains a pattern of higher lows (or flat lows) and flat highs, indicating a potential ascending triangle formation.
  • The trendline has proven strong in the past, reinforcing its validity as a key support level.

📌 Buy Opportunity:

Given the historical reliability of this trendline, this zone presents a strategic buying opportunity, anticipating a potential continuation of the broader uptrend.

3. XRP (XRP) to CAD

XRP, developed by Ripple Labs, is designed for fast, low-cost international transactions. Unlike Bitcoin and Ethereum, which rely on decentralized mining, XRP transactions are validated by a consensus protocol, making them quicker and more energy-efficient.

Financial institutions and payment providers increasingly use XRP for cross-border transactions, which boosts its adoption and potential value. With recent legal clarity surrounding Ripple, XRP is becoming a more attractive investment for those looking to diversify their portfolios.

XRP Market Analysis for 2025: Strong Performance & Consolidation

XRP to CAD technical analysis for 2025

Source: Trading View, Weekly Chart

XRP has been one of the top performers in recent months, experiencing a sharp vertical rally.

📌 Current Market Structure:

  • The price is now in a sideways consolidation phase, indicating a healthy reaccumulation rather than a deep correction.
  • Time-based consolidations (sideways) instead of price-based corrections (sharp drops) are typically signs of strength.

📌 Key Support & Accumulation Zone:

  • As long as XRP holds above the major support zone defined by the 2021 highs, the broader bullish outlook remains intact.
  • This presents a buying opportunity, with the potential for trend continuation once the consolidation resolves to the upside.

4. Cardano (ADA) to CAD

Cardano is often seen as an alternative to Ethereum, with a strong focus on sustainability, scalability, and interoperability. Its research-driven approach ensures that each upgrade is thoroughly vetted before implementation.

ADA’s growing ecosystem, including smart contracts and partnerships in sectors like finance and supply chain management, makes it a promising long-term investment.

Cardano (ADA) Market Analysis: Bullish Structure & Key Support

Trading view weekly chart for cardano to cad for 2025

Source: TradingView, Weekly Chart

Cardano continues to exhibit a sequence of higher highs and higher lows, signaling a sustained uptrend for 2025.

📌 Key Support Zone:

  • The price is currently testing a major support level.
  • As long as this support holds, the bullish structure remains intact.

📌 Trading Strategy:

  • Buying near support with a tight stop-loss just below it can offer an optimal risk-reward setup.
  • A confirmed breakdown below this level would invalidate the setup, requiring a reassessment of market conditions.

5. Shiba Inu (SHIB) to CAD

Shiba Inu started as a meme coin but has evolved into a full-fledged ecosystem with its own decentralized exchange (ShibaSwap) and upcoming metaverse projects. While more volatile than Bitcoin or Ethereum, SHIB attracts investors looking for high-risk, high-reward opportunities.

As Shiba Inu continues expanding its use cases, many traders in Canada follow Shiba Inu news closely to stay updated on price movements and community-driven developments.

Shiba Inu (SHIB) Market Analysis: High Volatility & Key Levels

trading view weekly chart for shiba inu to cad technical analysis

Source: TradingView, Weekly chart

In 2025, Shiba Inu remains one of the most volatile assets, making its current positioning critical.

📌 Technical Outlook:

  • The price is resting on the ascending trendline, which has supported the uptrend.
  • However, it is also facing strong overhead resistance, creating a compression zone.

📌 Trading Strategy:

  • A breakout above resistance would confirm bullish momentum and could present a strong buying opportunity.
  • Until then, caution is advised, as a rejection at resistance could lead to further consolidation or downside risk.

Monitoring volume and price reaction at these key levels will be essential for the next move.

How to Make Smart Crypto Investments in Canada

When looking for the best crypto to buy in Canada, consider the following factors:

✔️ Latest Coin Prices in CAD – Market prices fluctuate daily, so staying updated on real-time values can help you buy at the right time.
✔️ Market Trends & News – Follow developments in the crypto space, from regulatory updates to technological advancements.
✔️ Adoption & Utility – Cryptos with strong use cases and growing adoption tend to perform well over time.

Why Buy Crypto with Xcoins?

At Xcoins, we make it easy for Canadians to buy cryptocurrency with CAD at the best exchange rates. Here’s why Xcoins is the preferred choice:

Competitive CAD Exchange Rates – Get more crypto for your money.
Fast & Secure Transactions – Buy Bitcoin, Ethereum, XRP, and more instantly.
Trusted by Canadians – A reliable platform for crypto purchases in Canada.

Start Investing in Crypto with Xcoins

If you’re looking for the best crypto to buy in Canada, Bitcoin, Ethereum, and XRP are strong choices, while altcoins like Cardano and Shiba Inu offer unique opportunities. No matter your strategy, Xcoins provides a secure, fast, and hassle-free way to buy crypto with CAD at the best exchange rates.

Sign up now on Xcoins—creating an account takes just a couple of minutes, and your crypto will arrive in minutes with no hassle! Get started today and take advantage of our unbeatable rates.

As always, this article does not constitute financial advice and you should be sure to do your own research and consult a professional financial advisor before making any investment decision.

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