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CP Markets Top 10 Crypto Altcoins Watchlist For Next Week With Price Target.

CP Markets Crypto Watchlist

The post CP Markets Top 10 Crypto Altcoins Watchlist For Next Week With Price Target. appeared first on Coinpedia Fintech News

The crypto market faces a wholesome decline in price this week, with Bitcoin dropping to 2 weeks low near $66000. Altcoins like Etherem looses 7% in a week below $2000 USD, Solana, BNB, XRP, Shib, Doge, Pepe, and many of the previous performers have been dull. Although there is positive institutional participation, the uncertain geopolitical situation has increased market greed. 

Coinpedia Markets’ analysis for next week forecasts a neutral-to-bullish week. Bitcoin will trade in a range of $66000 and $72,000, and altcoins that performed positive growth may repeat the cycle.

Here is our list of altcoin watchlist for next week. 

Bittensor (TAO) Target:  $414.60

Bittensor(TAO)] is among the star performers, with a monthly growth of nearly 80%, reaching from a low of $171 to 375.  

Currently trading at $320.62 with -2.29% growth, TAO/USDT in a 4-hour frame shows firm bullish growth. RSI at 48 is neutral buying pressure, but the altcoin price is trading above the Ichimoku cloud, showing a buyer’s confidence. 

Bittensor (TAO) Target:  $414.60
Bittensor (TAO) Target: $414.60

Moving in an upward channel, the price may retract to a buying opportunity dip between $280 to $305. In the same scenario, followed by correction, the TAO coin is expected to trade in the $380 to $415 zone in the next 2 weeks. 

In case of trend invalidation, Bittensor coin prints a strong support at $300 phsycoligal level. 

Siren ( SIREN)  Target: $4 

The newly launched AI-memecoin on BSC, SIREN, has been on the top gainers’ charts for the last week. At press time, SIREN coin is trading at $1.66, with 24h growth if 101% and monthly growth 337%. It is also to note the the previous two trading days, it fell neatly 62% in days, falling to around $0.875. 

Despite all the Scrutiny and warnings about a major concentration of circulating supply being held by the team, SIREN coin is a dramatic and clear result of FOMO mixed with ongoing uncertainty. 

SIREN/USDT is also seen with balanced long/short derivatives, which can amplify the price further near the horizontal resistance $1.7 range. Holding strong above this level could trigger the rally to the next resistance near $2.06.

Siren ( SIREN)  Target: $4
Siren ( SIREN) Target: $4

In a bearish scenario, a break below $1.50, SIREN could retest the support at $1.20.

Midnight (NIGHT) Target: $0.072015

The Cardano-based coin Midnight (NIGHT) reacted bullish again after the Monument Bank of the UK announced its plan to tokenize ADA and NIGHT tokens. Further, today, the rally was supported by the Australian exchange CoinSpot listing yesterday. 

NIGHT coin at the time of writing is trading at $0.05164, up 12.4% in 24 hours and moved 18.67% in in one month. Launched in early March, Midnight coin has gained its place in the Top 50 coins by marketcap of $744.4m USD. 

NIGHT/USDT 4-hour chart shows the coins shows the altcoin is gaining back the momentum. Average Directional Index ( ADX) is at 26 and upward direction, indicating that buyers have entered since 26 March. The MACD line is above the signal; there is a sharp shift in momentum for further gains. 

Midnight (NIGHT) Target : $0.072015
Midnight (NIGHT) Target : $0.072015

The Support for NIGHT now sits at $0.045 and $0.0423, and a resistance pain point at $0.5517, breaking beyond will push the altcoin to the $0.07 zone. 

Other Coins on the List are 

Pudgy Penguins ( $PENGU)

  • Now: $0.006546
  • Target: $0.0077

River ( $RIVER)

  • Now: $14.58 
  • Target: $22

WikiCat ( $WKC) 

  • Now: $0.0000001104
  • Target: $0.00000018504

Qubic ( $QUBIC) 

  • Now: $0.0000009989
  • Target: $0.00000166719

Osaka Protocol ( $OSAK)

  • Now: $0.00000004137
  • Target: $0.000000070414

Dusk ( $DUSK)

  • Now: $0.1104
  • Target: $0.2110

Hachiko ( $HACHI)

  • Now: $0.000000005016
  • Target: $0.0000000157491

The market is significantly affected by the ongoing war situation, and Bitcoin is falling due to the uncertainty, which is making altcoins fall too. But the above coins are the ones that have not been majorly impacted by the trend. 

While Crypto Market Slips Stargate(STG), Ondo Finance, Canton (CC) Turn To Be Gainers

Hostplus Considers Offering Bitcoin to Members

The post While Crypto Market Slips Stargate(STG), Ondo Finance, Canton (CC) Turn To Be Gainers appeared first on Coinpedia Fintech News

Friday, 27 March, The Cryptocurrency market turned red amid the ongoing geopolitical uncertainties over risky assets. Bitcoin lost its $70,000 strong region and slipped below to the $67,000. Ethereum, Solana, and major cryptocurrencies face decline. 

In this bearish crypto trend, a few altcoins, Stargate(STG), Ondo Finance, Canton, LayerZero, and Chillz network moved bullish. Their price action, fundamentals, and community sentiments still point towards continued upward momentum. 

STG Coin Looks Strong 

Stargate Finance, STG, hit a yearly high today at $0.2818 after the announcement of being acquired by LayerZero. STG can now be supplemented directly with ZRO with a 1:1 ratio.  

Currently trading at $0.2794 with 52% surge in 24 hours and a 24-hour trading volume growth of massive 724%, a 40%-45% surge in 2h. STG coin also experiences activity in both Spot and features, and the TVL too remained near neutral at $1.2 m.

STG/USDT 4-hour chart shows the price spiked long out of the upward channel, and also near the second bar of ascending resistance. 

Stargate STG
Stargate STG

The price now is above all the Fibonacci and EMA’s, the RSI at 80 is in the overbought zone with trend sidelined, not declined. 

With the social media sentiment, increasing volume SGT shows sideways movement for a few sessions and makes higher highs and higher lows. If Sertup goes right $0.3 is a psychological resistance. 

If the trend is reversed, we have support levels at $0.25 and $ 0.17. 

ONDO loses strength midway 

Ondo Finance surged today to a high of $0.289 and is currently trading at $0.268 with 24h rally of 4.81%. This growth came after its partnership announcement with Franklin Templeton.

The Partnerships yield tojenoce 5 of Franklin’s tokens on the Ondo Global Markets platform. Later, the ETF will be made available to the US market with Defi usability.

ONDO/USDT 4-hour chart shows the price action in a slightly down-facing channel, where $0,29 acting as a strong resistance zone.

Ondo Finance
Ondo Finance

The short-term picture for Ondo coin looks constructive as the price sits above SMA-20 and SMA-50 at $0.2604, and the Ichimoku Kijun at $0.2664 adds a support level just below. 

The RSI is at 55 in corrective mode. The Average Directional Index ( ADX) shows the Ondo coin trend is loosening but facing upwards. A 2 candle close above $0.2753 will trigger buyers again. 

In case of invalidation, $0.2388 is at the lower Support 

Canton, CC, needs a push. 

Canton network’s native coin, Canton(CC), is among the gainers’ list in this negative market momentum. The crypto surged to the daily high of $0.147 from a low of $0.134. This surge was due to the news of Visa becoming a Canton super validator. 

Canton Netework (CC)
Canton Netework (CC)

As seen on CC/USDT, Canton is moving in a downward triangle channel pattern with a strong support at $0.1415 and resistance at $0.1483. RSI is sitting at 50 neutral, with neutral momentum. Watch for the trend confirmation of a close above $$0.1483.

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