March price predictions for 3 leading cryptocurrencies…
The cryptocurrency market, which entered March with a rise, is heading towards new record levels, led by Bitcoin. As Bitcoin approaches its all-time high with a tremendous rise, the volume and value of the cryptocurrency market is gradually rising. It traded in the extreme greed zone, opening above 80 for the first time since the Fear and Greed zone. When the level of greed increases, one begins to expect an improvement.
Crypto Fear and Greed Index
Bitcoin price analysis and expectations for March 2024
Leading digital assets Bitcoin (BTC) is approaching new all-time highs, following a continuum of developments to the upside. Assets, which increased by 47 percent in the last month and reached 62 thousand information, also mobilized the market with an upward momentum. In particular, the last candles in the protection and parts above the support psychological level of $ 60 thousand showed the buyer’s confidence in the asset. This serial rise above $60 in the morning, together with the increase in transaction volume, provides hope for investors.
Bitcoin’s 50,100 and 200 moving distances give a bullish signal. In particular, the 50-day moving average presented a buying opportunity to signal a credible rally. Divergences of the asset’s RSI values indicate the extreme initial zone and have traditionally remained in the extreme initial zone by crossing a retracement zone.
You can also use it to show variability. Overbought indicates that there will be a change in the price of the leading cryptocurrency. However, Wall Street analyst Michael Novogratz also expresses a similar opinion and advises investors to be cautious. The possibility of some improvements before the BTC price rises to record levels is decreasing.
solana price analysis and expectations for March 2024
Solana, which was criticized over the level, managed to maintain itself in the market while signaling a potential trend change. According to a new movement scenario for the asset, the upper trend line has marked a significant break and it is not possible to move the bullish sentiment in an upward price movement on the Solana charts. Testing higher than expected levels, SOL price has regained the $130 level since 2022.
SOL 1-week price forecast
The price of the asset relative to the support levels is seen above the 50 and 100-day moving averages. The asset’s immediate support level currently points at $107, the resistance-turned support line it previously tested. The increase in sales volume along with the price increase indicates that buyer performance continues. However, in a temporary price increase, it is possible for the SOL price to be around $140. If the upward momentum continues in the long-term upward movement, $ 170 and 200 flight levels are targeted.
Ethereum crypto price analysis and expectations for March 2024
With its all-time high change, Ethereum continues to increase in price with its rapid rise. $3,000 is worth the money, you should pay as much as you can. From now on, a possible bearish scenario points to the criticism support level at $2,695, which is in line with the 50-day moving average. You could see ETH at 2,065 and even retest at $100.
ETH 1-week price chart
If this will happen and the current price continues optimistically, the cryptocurrency market will be seen above expectations. Particularly, the Dencum upgrade on the Ethereum network and the increasing interest in ETF files, which have increased this optimistic mood, can see a significant customized use. It is estimated that the ETH supply in cryptocurrencies will decrease with the upgrade planned to take place on the 13th of the month.
You can also look at market volume information in this story. However, it is thought that if macro market conditions remain the same for March, its asset will be at the level of $ 4,000. The potential for ETH price to reach new record levels is quite high.
In addition to leading digital assets for March, there are many different alternatives for investors who want to enrich their portfolio with newly emerging cryptocurrencies. Among these, Green Bitcoin, which is a long-term investment choice with an environmentally friendly goal, stands out.
A great example of this project: Green Bitcoin
You can also start staking on the Green Bitcoin project, but you can also use it to save money. The token project, which allows making profits with predictions for the Bitcoin price, offers functional solutions by combining Bitcoin and Ethereum in a common blockchain network.
The token, which is currently in the pre-sale phase and offered for sale on its official website, has accumulated $1,132, 318.42. There’s a good reason why that’s the case, with the help of art and art so you can see what you’re looking for. Its price in ETH, USDT is $0.5362 and the card is available in high quality.
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The information in the article is for informational purposes only. It does not constitute any investment advice. Neither your author nor cryptoparahaber.com is responsible for any profit or loss you derive from your investments. Ultimately, investment is based on a strong foundation such as knowledge, experience, research and personal decisions.
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