Potential Surge in March: These 3 Altcoins Could Reach New Highs
Date: 2024-03-03 Author: Dima Zakharov Categories: BLOCKCHAIN
Ocean Protocol (OCEAN) is on the rise towards its peak after a consistent climb in price since the beginning of 2023. Breaking through the descending resistance line in October, the token has surged, reaching a new yearly high of $0.88 this week.
Wave analysis suggests further upward momentum with potential resistance levels at $1.36 and $2.03. However, a drop from current levels could lead to a 45% decline to the nearest support at $0.55.
Wave analysis suggests further upward momentum with potential resistance levels at $1.36 and $2.03. However, a drop from current levels could lead to a 45% decline to the nearest support at $0.55.
Aptos (APT) has rebounded from long-term resistance, experiencing a surge after breaking the long-term descending resistance line in November 2023. Reaching a high of $13.60 this week, Aptos has approached the resistance merger at $12.60, a critical level before its historical peak of $20.55.
The weekly Relative Strength Index (RSI) supports this breakthrough, nearing the 70 marks, indicating a bullish trend. Breaking above $12.60 could lead to a further 70% increase and a new peak. Conversely, deviation from the $12.60 region could prompt a 35% drop to the nearest support at $7.90.
The weekly Relative Strength Index (RSI) supports this breakthrough, nearing the 70 marks, indicating a bullish trend. Breaking above $12.60 could lead to a further 70% increase and a new peak. Conversely, deviation from the $12.60 region could prompt a 35% drop to the nearest support at $7.90.
