Crypto analyst Michaël van de Poppe predicts continued bullishness for a handful of altcoins, including Avalanche (AVAX), Polygon (MATIC) and Chainlink (LINK). Crypto analyst Chryzano Ariston shares 3 altcoins in March 2023 that offer excellent investment opportunities.
These altcoin projects will continue to rally
Michaël Van de Poppe says he believes the trend of smart contract platform Avalanche is still high despite the recent decline. In this context, the analyst said, “Hard chart, between levels, trend is still up. Big bounce from $18 and considering moving on. It will deal with $18-19, aiming for $25 or more,” he explains.
Next is Polygon, the blockchain scaling solution. According to Van de Poppe, a possible drop of MATIC to $1.25 before the next rise is possible. However, he also says that MATIC may continue to rally for its close resistance. In addition, the analyst comments:
A slight correction took place, continue towards the next resistance near $1.65. If there is a drop towards $1.25-1.35, I assume we will buy for the continuation of the rally. The trend is simple.
Another altcoin on the analyst’s radar is the decentralized oracle network Chainlink. Van de Poppe says LINK is presently presenting the ‘opportunity of life’. Accordingly, if we get a slight breakout, a retest around $7.80, I would be happy with a long resistance around $8.50-9.00 before continuing towards $15-20.
The analyst is also looking at smart contract protocol Phantom (FTM), which he believes will correct a bit more before continuing the uptrend. For this altcoin, he notes:
It made a significant correction towards $0.42. A big 40% jump from there. Looking at $0.48 as a potential entry, it may already have reached $0.52. Continuation upwards seems likely.
The last altcoin on the analyst’s list is GMX, the native token of decentralized exchange GMX. Van de Poppe thinks it was probably due to a pullback before the GMX trend continued. For GMX, the analyst additionally says:
Two interest levels: $72 and $67.50. If we get there, we can continue to buy the dip until the trend changes. Then the next target could be $100.
March investment targets: GRT, AGIX and ROSE
Crypto analyst Chryzano Ariston identified three major AI tokens in March 2023 to create excellent investment opportunities. According to the analyst, Graph (GRT), SingularityNET (AGIX) and Oasis Network (ROSE) can provide profitable investment opportunities for traders.
The Graph (GRT)
cryptocoin.comAs you follow, GRT has won the leadership title among the largest AI and ‘Big Data’ tokens. GRT believes the Graph ecosystem would not be where it is today without this fundamental principle: Access to the world’s open data should be a public good, not a siled privilege.
Also, as seen in the chart above, GRT has been trading in the green zone for the past week. The altcoin hit a maximum of $0.1855 on the second day of the week during its rise. After reaching its maximum price, GRT started to fall and on the third day prices fell from $0.1816 to $0.1635. Then, GRT consolidated in the $0.16 and $0.18 range until the beginning of the fifth day. On the fifth day of the month, the GRT bulls pushed the price higher and for the entire fifth day the token fluctuated in the $0.17-0.18 range. However, on the sixth day of the week, the price fell and then consolidated.
SingularityNET (AGIX)
In shifting our attention to SingularityNET, this network was founded with the mission of ‘creating a decentralized, democratic, inclusive and useful Artificial General Intelligence (AGI),’ according to its official website. What’s more, AGIX is on the pulse of technology when it comes to updates to its network. OpenCog Hyperon, a project designed to build a complete, scalable and open source general artificial intelligence system based on the principles of cognitive synergy, will release two alpha components. Namely, MeTTa (Meta Type Talk) AGI language interpreter and Distributed Atomspace (DAS) information repository.
AGIX went on a roller coaster ride. It recorded two highs in the first two days of the week and then consolidated while lowering. However, the coin found the momentum to rise exponentially in the last hours of the seventh day. The altcoin reached its maximum price of $ 0.4861 and a low of $ 0.3811 in the past seven days.
Oasis Network (ROSE)
Oasis Network provides a layer of privacy for Web3. Emerald, Cipher, Sapphire etc. some of the layers of privacy. January 2023 was full of upgrades and improvements to the network. Just a few hours into the first day of the week, ROSE rose from the opening market price of $0.069 to $0.083. After a rapid decline, ROSE rose again to its maximum price of $0.085 on the second day of the week. After the rise, the token dropped in the early hours of the third day. Since the third-day drop, ROSE has been consolidating at $0.072-0.079 by the end of the seventh day.
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