Ah, the crypto market! It’s like a rollercoaster ride, but without the fun and with more existential dread. Just when you think it’s all doom and gloom, here comes a new week, waving a little flag of hope. Is it a mirage? Who knows! 🤷♀️
So, grab your popcorn, because BeInCrypto has handpicked three altcoins that might just be worth your attention as we stumble into the second week of March. Spoiler alert: it’s a wild ride!
Movement (MOVE)
Well, well, well, if it isn’t MOVE, hitting a new all-time low of $0.370. Investors are pulling back like they just saw their ex at a party. But wait! There’s a mainnet launch on the horizon, and it could be the moment MOVE decides to get its act together. 🎉
Right now, MOVE is trading at $0.464, stuck in a bit of a rut below the $0.527 resistance but above the $0.420 support. If it finds its groove, we might see it strutting up to $0.617. But let’s be real, if it doesn’t, we could be looking at a new bottom. Yikes! 😬
And if the market decides to throw a tantrum, a drop below $0.420 could send MOVE spiraling down to its all-time low. Talk about a dramatic plot twist!
Immutable (IMX)
IMX has been playing the long game, trading in a descending wedge for two months. Currently, it’s priced at $0.539, down 22% in the last two weeks. It’s like watching a sad movie, but there’s a glimmer of hope! 🌈
It’s holding above the $0.508 support, and with the launch of RavenQuest on March 14, we might just see some fresh investment rolling in. Fingers crossed! 🤞
If the hype is real, IMX could break through the $0.684 resistance and aim for $0.810. But if it flops, we might be looking at a sad decline towards $0.400. Let’s hope it doesn’t turn into a tragic love story!
Tron (TRX)
Tron is like that friend who always seems to be okay, even when the world is falling apart. Currently sitting at $0.234, it’s been stable while others are losing their minds. How does it do it? Magic? 🪄
Tron is consolidating between $0.262 and $0.216, keeping major losses at bay. It’s like it’s found the secret to life—or at least to avoiding a meltdown. If it can hold its 50-day EMA as support, we might see it break out into a bullish phase. Go, Tron! 💪
But if it doesn’t, we could be in for a bumpy ride. A dip below $0.216 could send it tumbling down to $0.194. Let’s hope it doesn’t take a nosedive!
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2025-03-10 20:06