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Crypto Week Ahead: Mar 22 – Mar 28

crypto market summary Mar 22 to 28

Last Week Recap

Our token watch on UNI was pretty spot on with UNI surging from US$29 to US$35. ENJ did not too bad as well. Bitcoin did not manage to break its near term resistance at $62,000 as well.

For this coming week:

  • Bitcoin maybe trading range bound between $56,000 to $60,000.
  • Key support at $54,000. Any break down would turn sentiment bearish.
  • We maintain our near term price resistance at $62,000.
  • We continue to like projects which further decentralisation theme such as Ethereum and UniSwap
  • We believe the battle for the next blockchain unicorn would depend on the blockchain-of-choice for NFT platforms. So, far contenders seems to be BNB and of course ETH.
  • XRP vs SEC lawsuit is worth keeping watch on. XRP remains an opportunistic trade.
  • The NFT space is seeing exponential growth. We continue to like Enjin for NFT play.

As usual, trade with care. Trade with what you can afford to lose.

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SuperCryptoNews is a global leading blockchain and crypto news provider, covering daily news on the latest tech and trading developments in crypto. We bring you expansive crypto news coverage especially in Asia, with a focus on Singapore, Thailand and Southeast Asia.

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