It seems that in the next few days, financial markets including crypto markets will be filled with very high volatility, this is because at the end of March this is the end of the first quarter of the 2021 economy.
Generally, at the end of each month and at the end of the quarter always brings volatility due to several data publications and statements about the economy, therefore we can see that there are several large crypto currencies that begin to experience correction due to the vigilance of investors.
However, in this volatility there are still five crypto currencies that have the potential to increase even though during this volatile period, here are 5 cryptos that have the potential to increase:
1. Uniswap (UNI)
Uniswap is one of the crypto currencies, Uniswap (UNI) has just officially adopted the Non-Fungible Token (NFT), currently you can trade or make NFT transactions on the Uniswap platform, Uniswap is entered into one of the largest decentralized markets (DeX) in the sector. Decentralized Finance (DeFi) which operates on the Ethereum network.
Of course this news brings positive sentiment for Uniswap which is likely to continue to appreciate even though the current volatile market is taking place, but one thing that is holding up this Uniswap is its rival, 1Inch, which seems to have started overtaking Uniswap as the biggest DeX in the DeFi sector.
However, the dominance carried out by Uniswap continued due to the decline in the 1Inch token which had risen quite high, from a technical point of view, UNI's appreciation was very supportive so that its movement made UNI out of a symmetrical triangle pattern to potentially move higher.
Currently the lower limit of UNI is at $31.8 if it is broken it could bring the worst correction for UNI to $30 after it has crossed $30.7, if that limit is passed the chances of appreciation that UNI gained will disappear, but for this limit that the possibility of being crossed is still very small, so there's no need to panic.
The aim of the appreciation that occurs this week is likely to attempt to reach $36.5 to $38 will be met by volatility.
2. Tezos (XTZ)
Being one of the crypto currencies that is predicted to rise this week, this is because from a technical point of view, fundamentally interest in the Tezos token (XTZ) is still increasing, and it seems that currently the adoption of the Tezos (XTZ) token will still strengthen towards gaming sector.
Some time ago, there was a team of online game players called InterPop who started using Tezos (XTZ) as the network they used to interact with their fans.
This shows that if there is an increase in the adoption of the Tezos token (XTZ) which allows it to be a positive sentiment going forward, from a technical point of view, currently the Tezos (XTZ) token is still seen moving up due to just coming out of a symmetrical triangle pattern which is likely to push the Tezos (XTZ) token towards appropriation.
Until now, the Tezos token (XTZ) is still seen moving up from the lower limit at $4.1 which if there is a decline it is likely to fall at $3.9 to $3.6 eliminating the potential appreciation.
However, if the current appreciation is very strong, then chances are that this week, the Tezos token (XTZ) will be $4.6 to $5.
3. Tron (TRX)
Tron token (TRX) is also included in the 5 potential crypto, Tron (TRX) is predicted to increase this week, this is due to the technical side of Tron which supports the appreciation of Tron.
Fundamentally, Tron (TRX) is currently becoming more and more famous due to the low transaction fees on the network, most likely as a result of this the interest in the Tron (TRX) token has increased, even Tron (TRX) has become one of the 3 main cryptos in India.
Even the total funds locked in Tron (TRX) have also increased by 70% since its inception, even reaching $80 Billion.
From a technical perspective, Tron (TRX) is still predicted to move upward, as seen from its positive movement to date.
The lower limit of the Tron token (TRX) is at $0.061, which if it is likely to be broken, the price will drop to $0.058 to $0.055, but if the correction occurs only up to $0.061 then the possibility of appreciation from Tron (TRX) will still be strong up to $0.065 to $0.070.
4. Harmony (ONE)
Harmony (ONE) is also predicted to experience an increase and may even continue to rise as a result of the phenomenon around it, some time ago, Harmony (ONE) has just risen along with several tokens such as BTT, HNT, and VTHO.
But what makes Harmony (ONE) predicted to continue to improve is due to the surrounding phenomena, one of these factors comes from stocktwits.com, this site has promoted Harmony (ONE) as one of the 10 biggest cryptos with potential appreciation.
In addition, the encouragement also came after a discussion session (AMA) with the founder of Harmony (ONE) who said that if the ONE proof of stake blockchain is very environmentally friendly, because of this last week, ONE started to increase by around 350% and it is predicted that this appreciation will continue. continues for the future.
From a technical perspective, Harmony (ONE) is likely to undergo a correction before rising again due to the strengthening appreciation last week.
The likelihood of an impending correction is at $0.16 which, if broken, could bring a correction to $0.15 to $0.13, but if Harmony (ONE) holds $0.16 and the price moves up again, it could break the limit $0.17 and will most likely be able to touch $0.20 this week.
5. Theta (THETA)
The Theta token (THETA) is the last cryptocurrency that is predicted to appreciate this week, this is due to the technical side of Theta (THETA) and fundamentally, there is currently no positive sentiment session for Theta (THETA) after getting its official patent from America for a decentralized payment platform.
Theta Labs Granted 2nd US patent for Ultra-high Transaction Throughput Micropayments to Support Decentralized Video and Data Deliveryhttps: medium.com/theta-network / uspto.report
— Theta Network (Theta_Network) March 16, 2021
This patent is in addition to the previous patent obtained by Theta (THETA) which made the blockchain very official and secure. At its technical session, Theta (THETA) still looks very positive due to its appreciation movement since a few weeks ago.
Most likely now there will be a small correction towards the lower limit of Theta (THETA) at $9 which if it is broken will bring the lower limit of Theta (THETA) to the price of $8.5 to $8, but if Theta (THETA) remains at $ 9 and manages to move Going back up, most likely this week will be at $10.5 to $11.
Disclaimer
All statements and analyzes carried out regarding the possibilities that will occur in this article, are entirely my personal views and analysis, not official investment or trading advice, losses and profits that occur as a result of following the advice of this article, are entirely the responsibility from investors or traders respectively, and it is not the responsibility of me @khezcute as the author of this article.
Read more about cryptocurrencies and blockchain here @khezcute
Posted Using LeoFinance Beta
Be careful with Tron, that crypto is not well seen here due to past problems with its founder, from the others you can make good profits like UNI
Posted Using LeoFinance Beta
yes, if we look backward, Tron does have some problems, but if we look at the technical developments, Tron can make us profitable, of course, we have to be extra vigilant, and always monitor
Posted Using LeoFinance Beta
talking about UNI, I agree with you, I've started investing
Posted Using LeoFinance Beta
Congratulations @khezcute! You have completed the following achievement on the Hive blockchain and have been rewarded with new badge(s) :
Your next target is to reach 300 upvotes.
You can view your badges on your board and compare yourself to others in the Ranking
If you no longer want to receive notifications, reply to this comment with the word
STOPCheck out the last post from @hivebuzz: