fbpx
Skip to content Skip to sidebar Skip to footer

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.

Leave a comment

About SuperCryptoNews

SuperCryptoNews is a global leading blockchain & crypto news provider, covering daily news focused on trading and investment developments in bitcoin and crypto. We bring you expansive crypto news coverage around the world. We offer many thought leadership opinions from blockchain experts and leaders of the industry.

Subscribe to SCN

© Copyright of Novum Global Consultancy Pte Ltd {2020-2023}. All rights reserved.

Contact Us   |   T&Cs   |   Privacy Policy   |   About Us

About SuperCryptoNews

SuperCryptoNews is a global leading blockchain and crypto news provider, covering daily news on the latest tech and trading developments in blockchain, crypto, Web3, fintech and technology.

Follow Us On

© Copyright of Novum Global Consultancy Pte Ltd {2020, 2021}. All rights reserved.

Contact Us   |   T&Cs   |   Privacy Policy   |   About Us