Cyber Monday Deal: Up to 60% off InvestingProCLAIM SALE

Analyst Shares List of 5 Altcoins To Look Out For In March

Published 02/28/2023, 07:17 AM
Updated 02/28/2023, 07:30 AM
© Reuters.  Analyst Shares List of 5 Altcoins To Look Out For In March
MSFT
-
USDT/USD
-
ADA/USD
-
COIN
-

  • CryptoBusy shared some of the best altcoins to keep an eye on.
  • Some of the altcoins on this list include ADA, OP, and MATIC.
  • ANKR and STX are both currently down by more than 7%.

In one of its latest YouTube videos, a crypto news and analytics platform CryptoBusy shared some of the best altcoins to keep an eye on in March 2023. Some of the altcoins included on the list is Optimism (OP), Ankr (ANKR), Stacks (STX), Polygon (MATIC), and Cardano (ADA).

Optimism / Tether US 1D (Source: TradingView)

According to CoinMarketCap, OP is currently trading hands at $2.78 after a 5.43% drop in price over the last day. The altcoin is, however, still in the green by more than 10% over the last week.

CryptoBusy believes traders should keep an eye on OP throughout March as the price of the crypto could see a decent increase. This is mostly due to the fact that Coinbase (NASDAQ:COIN) launched an ETH Layer-2 network based on Optimism.

Ankr / Tether US 1D (Source: TradingView)

The second altcoin to look out for is ANKR.The crypto is worth about $0.0405 after a 7.17% drop in price over the last 24 hours. CryptoBusy sees potential in this crypto because of its recent partnership with Microsoft (NASDAQ:MSFT) to offer enterprise node services.

Stacks / Tether US 1D (Source: TradingView)

Third on the list is STX. The crypto experienced an unfortunate price drop of more than 7% over the last day and now trades at $0.859. The crypto is, however, still up by more than 19% over the last seven days.

MATIC Network / Tether US 1D (Source: TradingView)

Traders should also look out for changes in MATIC’s price. CryptoBusy believes the project’s many new partnerships and the zkEVM launch will count in favor of the crypto this coming month. MATIC is trading at $1.22 after a 2.45% drop in price.

ADA / Tether US 1D (Source: TradingView)

Last on CryptoBusy’s list is ADA. Although February was a tough month for ADA, many still believe that March could be even worse for the Ethereum-killer. CryptoBusy believes that when it comes to ADA, it is better to think long-term. ADA is currently worth about $0.3614 after a 0.05% increase in price.

Disclaimer: The views and opinions, as well as all the information shared in this price analysis, are published in good faith. Readers must do their own research and due diligence. Any action taken by the reader is strictly at their own risk. Coin Edition and its affiliates will not be held liable for any direct or indirect damage or loss.

The post Analyst Shares List of 5 Altcoins To Look Out For In March appeared first on Coin Edition.

See original on CoinEdition

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.