The next few days, it seems that financial markets, including crypto, will be filled with quite high volatility. All because it is the end of March and the end of the first quarter of the economy 2021.
Some of the major cryptocurrencies are starting to experience corrections due to the vigilance of the majority of investors.
However, in this volatility there are still five cryptocurrencies that have the potential to rise even during this volatile period.
1. Uniswap (UNI)
The first crypto currency is Uniswap (UNI) which has just officially adopted the Non-Fungible Token (NFT). Currently, NFTs can be traded on Uniswap, one of the largest decentralized exchanges (DeX) in the Decentralized Finance (DeFi) Sector which operates on the Ethereum network.
This news brings positive sentiment for Uniswap which is likely to continue to appreciate despite the volatile market this week.
However, one thing that got in the way is its rival 1Inch, which appears to be starting to race Uniswap as the biggest DeX in the DeFi Sector. However, the dominance of UNI still continues due to 1INCH itself, whose tokens began to move down after rising quite high.
Currently the UNI's lower limit stands at $ 31.8 which if broken could bring the worst correction to $ 30 after passing $ 30.7. If this limit is passed then the possibility of appreciation will be lost, but the possibility is still very small. The objective of this week's appreciation is likely to reach $ 36.5 to $ 38 but it will be filled with volatility.
2. Theta (THETA)
Theta (THETA) is the second cryptocurrency that is predicted to appreciate due to its technical side. However, fundamentally, there is currently no new positive sentiment after Theta obtained an official American patent for a decentralized payment platform.
These patents add to some of the patents Theta has previously secured, which makes the blockchain very legal and secure.
At the moment a minor correction is likely to occur towards the lower limit at $ 9 which, if broken, could bring the price down to $ 8.5 to $ 8. However, if from $ 9 it manages to go back up, it is likely that this week the target is at $ 10.5 to $ 11.
3. Tron (TRX)
Tron (TRX) is the next crypto which is predicted to rise this week. This is also due to the technical side that supports the appreciation of Tron. Fundamentally, Tron is currently getting worse because of the low transaction fees on its network
In addition, it is likely that as a result of this the interest has increased, even Tron has become one of the top three cryptos in India. Total funds locked in Tron have also increased by 70% since its inception, even reaching $ 80 billion.
The lower limit of the appreciation is at $ 0.061 which if broken could bring the price down to $ 0.058 to $ 0.055.
If a correction occurs but only reaches $ 0.061 it is possible that appreciation will still be strong for the week towards $ 0.065 to $ 0.070.
4. Tezos (XTZ)
Tezos (XTZ) is a crypto which is predicted to rise also because of its technical side. However, fundamentally, the interest in Tezos is still growing. It seems that currently the adoption of Tezos will be even stronger towards the game or gaming sector.
One day ago, there was a team of online game players called InterPop who started to adopt Tezos as a network for interaction with their fans.
At the moment XTZ is moving up from the lower limit at $ 4.1 which if it goes down again will likely go up to $ 3.9 to $ 3.6, eliminating any potential appreciation.
However, if the current appreciation is strong, it is likely that this week the next target is at $ 4.6 to $ 5.
5. Harmony (ONE)
Harmony (ONE) is one of the cryptos that is predicted to continue to rise due to the surrounding phenomena. A few days ago, this token recently went up along with several other tokens such as BTT, HNT, and VTHO.
However, ONE is one that is predicted to continue to rise due to the surrounding phenomena, one of which comes from Stocktwist.com.
The site has ranked ONE as the top 10 cryptos that have the potential to appreciate due to the phenomena around them.
In addition, the encouragement came after a discussion session (AMA) with ONE's founders who said that ONE's proof of stake blockchain is very environmentally friendly.
As a result, last week, ONE gained around 350%, and it is predicted that this appreciation will continue in the future.
The correction objective is most likely at $ 0.16 which, if broken, could take the correction to $ 0.15 to $ 0.13. However if from $ 0.16 the price moves up again, breaking the upper limit of $ 0.17, the next target is likely to be at $ 0.20 this week.
* Disclaimer
All statements in this article are the views and analysis of the author's personal and are not official advice for investing or trading. The losses and gains derived from this analysis are not the responsibility of Coinbase and are the responsibility of the individual investor or trader.