Cryptocurrency

2024

Bitcoin

<p style="text-align: justify">You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/cryptocurrency-market-surge-februarys-bullish-trends-and-marchs-potential-highs/" data-wpel-link="internal">Cryptocurrency Market Surge: February’s Bullish Trends and March’s Potential Highs</a><br></p>
<p class="p1" style="text-align: justify">The month of February was a bullish one for the cryptocurrency market, with <strong><a href="https://coin-turk.com/milyarder-yatirimcidan-umut-veren-bitcoin-btc-tahmini" data-wpel-link="internal">Bitcoin</a></strong> and altcoins nearing all-time high levels. During this period, many <a href="https://coin-turk.com/beklenen-buyuk-ethereum-guncellemesine-7-gun-kaldi" data-wpel-link="internal">altcoin</a> projects managed to stand out and enabled their investors to achieve significant gains. So, what are the projects that could leave a mark on March? We are taking a look together.</p> 
<h2 class="p1" style="text-align: justify" id="ankr-technical-analysis">ANKR Technical Analysis</h2> 
<p class="p1" style="text-align: justify"><strong>ANKR</strong> price had been below a descending resistance trend line since May 2022. This trend line caused three significant rejections, all of which closed with long upper wicks. However, in February 2024, ANKR started an upward movement and broke out from the 644-day descending resistance trend line.</p> 
<p class="p1" style="text-align: justify">If the rise continues, ANKR could increase by 30% more, reaching the resistance area of $0.050. Despite the bullish price prediction for ANKR, failure to sustain the increase could trigger a 30% drop towards the descending resistance trend line at $0.027.</p> 
<p class="p1" style="text-align: justify"><img loading="lazy" loading="lazy" decoding="async" class="aligncenter wp-image-322366 size-full" src="https://coin-turk.com/wp-content/uploads/2024/03/ankr-grafik.webp" alt="" width="1556" height="809"></p> 
<h2 class="p1" style="text-align: justify" id="ray-technical-analysis">RAY Technical Analysis</h2> 
<p class="p1" style="text-align: justify"><strong>RAY</strong> price has been on the rise since October 2023. The upward movement reached a high of $1.99 in December before the price began to correct. Despite the decline, RAY rebounded from the $1 horizontal support area last week and started an upward movement.</p> 
<p class="p1" style="text-align: justify">Since the rise, RAY is separating from the short-term descending resistance trend line. The <strong>RSI</strong> level, although it has been falling since December 2023, is still above 50 and seems to have regained its base this week. If the breakout is successful, RAY could surge by 200%, reaching the next resistance at $3.70. However, a close below $1 could invalidate the breakout and lead to a 70% drop to $0.35.</p> 
<p class="p1" style="text-align: justify"><img loading="lazy" loading="lazy" decoding="async" class="aligncenter wp-image-322365 size-full" src="https://coin-turk.com/wp-content/uploads/2024/03/ray-grafik.webp" alt="" width="1807" height="809"></p> 
<h2 class="p1" style="text-align: justify" id="mask-technical-analysis">MASK Technical Analysis</h2> 
<p class="p1" style="text-align: justify"><strong>MASK</strong> price had been below a descending resistance trend line since August 2021. The trend line led to numerous rejections, the most recent one in December 2023. However, the altcoin began an upward movement at the start of 2024 and finally broke out from the latest trend line.</p> 
<p class="p1" style="text-align: justify">If the upward momentum continues, MASK could rise by an additional 50%, reaching the next resistance at $7. Despite the bullish MASK price prediction, failure to maintain the rise could trigger a 23% drop towards the descending resistance trend line at $3.60.</p> 
<p class="p1" style="text-align: justify"><img loading="lazy" loading="lazy" decoding="async" class="aligncenter wp-image-322364 size-full" src="https://coin-turk.com/wp-content/uploads/2024/03/mask-grafik.webp" alt="" width="1807" height="809"></p> 
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on COINTURK NEWS: </span> <a href="https://en.coin-turk.com/cryptocurrency-market-surge-februarys-bullish-trends-and-marchs-potential-highs/" data-wpel-link="internal">Cryptocurrency Market Surge: February’s Bullish Trends and March’s Potential Highs</a></h5>

Cryptocurrency Market Surge: February’s Bullish Trends and March’s Potential Highs

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