In March, the Crypto Market was seen to be faced by a significant correction, but it seems that everything has started to look to be recovering.
5 Potential Cryptos For The Weekend of March
Therefore, in this article will be written five potential cryptos to end March with the market's mutual profit starting to recover.
1. Bitcoin (BTC)
The first crypto is Bitcoin which seems to have started moving out of the correction zone last week.
Bitcoin is currently consolidating after successfully exiting the correction zone, but is likely to retest the zone before rising again.
However, Friday there is still potential volatility from American employment data.
Technically, Bitcoin is currently likely to retest the previous correction zone at around $54,400 to $52,000.
But if the correction continues, it is likely that the next target will be at *$50,000,$ which is likely to eliminate the potential for appreciation.
If it moves up, it is likely that the next target this week could return to $59,000 to $61,000.
If it manages to rise, it is likely that the entire crypto market will successfully lift with Bitcoin.
2. Binance Coin (BNB)
Binance Coin (BNB) is one of the cryptos that has the potential to rise this week which is mainly seen from the technical side.
Fundamentally, BNB still looks strong with the Binance ecosystem still growing.
Bianance is currently continuing to adopt several new projects on its Binance Smart Chain.
On average, the new projects are focused on Non Fungible Token (NFT), which is being appreciated.
Overall Binance is still strong, especially with its widespread publications and its support for some of the latest potential cryptos.
One of its main supporters is Binance Pay which seems to continue to be a major concern for retail use in the economy.
In addition, bnb is now also getting easier in its access to MetaMask Wallet, which also attracts its adoption to increase.
Technically, bnb is currently showing excellent movement, where BNB has just come out of the descending triangle pattern.
Currently it is likely that BNB will retest the zone before experiencing appreciation, a good opportunity to buy.
The safety limit is currently at $256 to $234 which if penetrated can eliminate the potential for appreciation.
However, if it rises again, it is most likely the next destination to be at $278 to $300 this week.
3. Zilliqa (ZIL)
The next crypto currency is Zilliqa (ZIL) which is one of the largest Asian cryptocurrencies in the world.
ZIL has also been working with Binance, to create a farming feature on PancakeSwap.
it makes a potential interest in ZIL due to the potential benefits offered from farming.
In addition, Zilliqa appears to have also been involved in the launch of XSGD, a crypto for the Singapore Dollar, which has recently launched on several exchanges.
Therefore, nowadays ZIL has a lot of encouragement from fundamentally positive sentiment, and the technical side supports that.
Currently, from the technical side, ZIL still shows a very good appreciation movement, even since the last few weeks.
ZIL has also just come out of the correction zone in the medium term which makes its appreciation potential even stronger.
The ZIL safety limit is currently at $$0.16 to $0.15 which, if breached, could eliminate the potential for appreciation.
However, if it continues to rise, this week it could most likely reach $0.18 to $0.21. Given the sentiment around it the potential seems still strong.
4. Solana (SOL)
Solana (SOL) became a crypto that was quite recommended by some analysts in the market for this week, due to its movement.
Currently in terms of fundamentals, Solana has just entered into a joint venture with OkeX, one of the largest exchanges in the world.
In addition, Solana also recently launched a partnership with AscendEX, which is an additional positive sentiment for Solana.
innovations that continue to be created, as well as system improvements that sol continues to make as a blockchain.
Therefore, SOL prices continue to appreciate in recent weeks, which makes the price also rise quite significantly.
From the technical side, SOL has just moved up, out of its consolidation in the past month, bringing the potential for a bullish pennant pattern.
If it continues to come out after testing the consolidation zone, it is likely that this week SOL could reach $19.5 to $24.
Safety bricks are currently at $17 to $15 which if penetrated can bring the potential for appreciation to subside.
5. Kusama (KSM)
The last is Kusama (KSM), one of the cryptos strongly associated with Polkadot, in its Parachain development.
In terms of fundamentals, KSM is still encouraged with Polkadot which is also starting to experience appreciation again.
Kusama becomes a crypto that is often discussed by crypto influencers internationally, so it has good appreciation potential this week.
Currently Kusama runs a partnership with Enjin, which makes a positive sentiment, considering that Enjin is tied to the NFT.
Kusama also continues to conduct network trials and evaluations to ensure the scalability of the Polka dot Parachain continues to run smoothly.
With cross-chain or cross-blockchain features still being pushed by Kusama, KSM is a good crypto to consider
Technically, KSM is still moving very positively since the last few weeks, and remains in the appreciation zone.
Most likely at this time there will be a small correction before rising higher, continuing its appreciation movement.
Currently the safety limit is at $521 to $491 which if penetrated can eliminate the potential for appreciation.
Going forward, if it moves up again, KSM could touch $543 to $576 this week, which will also happen alongside the recovery of the crypto market.
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