This week is the last week of March which also means the last week of the first quarter of the global economy.
In March, the Crypto Market looked like it was facing a significant correction, but it looks like things are starting to recover.
Therefore, in this article we will list five potential cryptos through the end of March with the co-benefits of the recovering market.
1. Bitcoin (BTC)
The first crypto is Bitcoin which seems to have started moving out of the correction zone last week.
Currently Bitcoin is consolidating after successfully exiting the correction zone, but will likely retest the zone before rising again.
With some of the volatility in the economy starting to ease as a result of the transition to the second quarter, some riskier assets, such as stocks and cryptos, have the potential to recover.
Thus, Bitcoin has the potential to recover in the next few days.
However, on Friday there is still potential volatility from the US employment data.
From a technical perspective, Bitcoin is currently likely to retest its previous correction zone around $ 54,400 to $ 52,000.
However, if the correction continues, the next target is likely to be at $ 50,000, which is likely to erase any potential appreciation.
If the price moves up, chances are that the next target this week could return to $ 59,000 to $ 61,000.
If it manages to go up, there is a high chance that the entire crypto market will succeed in being lifted up with Bitcoin.
2.Binance Coin (BNB)
Binance Coin (BNB) is one of the cryptos that could potentially go up this week, especially from a technical standpoint.
Fundamentally, BNB still looks strong with the Binance ecosystem still growing.
Bianance is currently continuing to adopt several new projects on the Binance Smart Chain.
On average, these new projects are focused on Non Fungible Tokens (NFT) which are experiencing appreciation.
Overall Binance is still going strong, especially with extensive publication and support for some of the latest potential cryptos.
One of its main proponents is Binance Pay which seems to continue to be a major concern for retail use in the economy.
In addition, now BNB has made it easier to access the MetaMask Wallet, which is also attracting increased adoption.
From a technical point of view, currently BNB is showing a very good move, where BNB just exited the descending triangle pattern.
Right now it is likely that BNB will retest the zone before appreciating, a good opportunity to buy.
The security limit is currently at $ 256 to $ 234 which, if breached, could eliminate any potential appreciation.
However, if the price rises again, the next target is likely to be $ 278 to $ 300 this week.
3. Zilliqa (ZIL)
The next cryptocurrency is Zilliqa (ZIL) which is one of the largest Asian cryptocurrencies in the world.
ZIL is currently working with Binance to create a farming feature for PancakeSwap.
This creates the potential to be more attracted to ZIL because of the potential benefits offered from farming.
With the support from Binance, ZIL is likely to experience significant growth, so it is worth considering as an investment.
Apart from that, Zilliqa also looks set to be involved in the launch of XSGD, the crypto for Singapore Dollar, which has just launched on several exchanges.
Therefore, currently ZIL is getting a lot of encouragement from the positive sentiment fundamentally, and from the technical side it supports it.
Currently, technically, ZIL is still showing 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 security limit is currently at $ 0.16 to $ 0.15 which, if breached, could erase any potential appreciation.
However, if it continues to rise, this week it will most likely reach $ 0.18 to $ 0.21. Given the sentiment surrounding the potential, it looks likely to be strong.
4. Solana (SOL)
Solana (SOL) has been the crypto recommended by several analysts in the market for this week, due to its moves.
Currently, from a fundamental perspective, Solana has just formed a partnership with OkeX, one of the largest exchanges in the world.
In addition, Solana has also recently launched a partnership with AscendEX which is an additional positive sentiment for Solana.
This happens because of innovations that continue to be created, as well as system improvements that are continuously being made by SOL as a blockchain.
Therefore, the price of SOL, which has continued to appreciate in recent weeks, has also made the price rise quite significantly.
From a technical point of view, the SOL has just moved up, coming out of its consolidation in the past month, bringing a potential bullish pennant pattern.
If it continues to break out after testing the consolidation zone, it is likely that the SOL this week could reach $ 19.5 to $ 24.
Security data is currently at $ 17 to $ 15 which a break could bring the potential for appreciation to subside.
5. Kusama (KSM)
Lastly is Kusama (KSM), one of the cryptos that is very closely related to Polkadot, in the development of Parachain.
From a fundamental point of view, KSM is still being pushed together with Polkadot which is also starting to experience appreciation again.
Kusama is a crypto that is often discussed by crypto influencers in the international world, so it has the potential for good appreciation this week.
Kusama is currently working with Enjin, which has generated a positive sentiment, considering that Enjin is tied to the NFT.
Kusama also continues to test and evaluate the network to ensure the scalability of Parachain Polkadot continues to run smoothly.
With the cross-chain feature still being pushed by Kusama, KSM is a good crypto to consider.
From a technical point of view, currently KSM is still moving very positively since the last few weeks, and is in the appreciation zone.
There is a possibility that there will be a minor correction at this point before advancing higher, continuing its appreciation movement.
Currently the security barrier is at $ 521 to $ 491 which, if broken, could eliminate any potential appreciation.
Going forward, if it goes up again, KSM could touch $ 543 to $ 576 this week, which will also happen as the crypto market recovers.
Great article! Thank you for your post. I learned some new aktcoins from your article. Just yesterday I published five coins, that I think it is worth to stake. BNB is one of them on my list and I agree, that ZIL is peofitable on the long term. I did not know about KSM and SOL.