Top 5 altcoins to buy in March 2020

In this article, We will discuss about top 5 altcoins to buy in March.

The Altcoins market is on rise since the starting of the year. Altcoins have recorded an average growth of 30% against bitcoin in last two months. Few altcoins like – LINK, RSR, HBAR have recorded over 75% growth in last two months.

4 out of 5 altcoins mentioned in our last month’s recommendation list has recorded an average 30% growth.

Let’s talk about the top 5 altcoins which you should buy in March

Bitcoin Dominance Update

Bitcoin dominance is currently trading in a symmetric triangle, and testing triangle support at 65%. Looking at the overall altcoins momentum, we are expecting Bitcoin dominance to break out from this support and reach 59-63% level in next few days. Altcoins should rise against bitcoin during bitcoin dominance drop.

Altcoins are breaking out from the accumulation range

Altcoins are currently trading in a 6-month long accumulation range, and few of them have already broken out from the accumulation range, and made new six month’s high.

For examples:

POWRLEDGER – POWR/BTC Broke out from the Accumulation Range and recorded 176% gain.

Kyber Network -KNC/BTC broke out from the six month accumulation range, and recorded 188% gain.

Top 5 altcoins to buy

Matic Network

Pair : MATIC/BTC

Current Price 0.00000286 BTC

Catalyst –

Main net launch by month end.

Technicals–

• Broke out from two months long accumulation Range.
• Trading above 50,100 and 200MA on daily timeframe.
• Trading in an uptrend channel.

Trade Signal-

Entries : 0.0000025 – 0.0000028 BTC

Exit : 0.00000350 – 0.00000400 BTC

Stop : 0.00000200 BTC

Trade Now

PERLIN

Pair : PERL/BTC

Current Price 0.00000400 BTC

Catalyst –

Main net launch by month end.

Technicals–

• Bullish crossover on MACD
• Trading above 50 and 100 MA on daily timeframe.
• Trading in an uptrend channel.

Trade Signal-

Entries : 0.00000350 – 0.00000400 BTC

Exit : 0.00000550 – 0.00000650 BTC

Stop : 0.00000300 BTC

Trade Now

CVCBTC

Pair : CVC/BTC

Current Price 0.00000365 BTC

Catalyst –

NA

Technicals–

• Bullish crossover on MACD
• Trading above 50, 100 and 200 MA on daily timeframe.
• Broke out from two months long accumulation range.

Trade Signal-

Entries : 0.00000320 – 0.00000370 BTC

Exit : 0.00000500 – 0.00000600 BTC

Stop : 0.00000270 BTC

Trade Now

THETA

Pair : THETA/BTC

Current Price 0.00001510 BTC

Catalyst – Main net launch by the month end.

Technicals–

• Bullish crossover on MACD
• Trading above 50, 100 and 200 MA on daily timeframe.
• Broke out from Bullish Pennat.

Trade Signal-

Entries : 0.000012 – 0.000015 BTC

Exit : 0.000022 – 0.000025 BTC

Stop : 0.000010 BTC

Trade Now

LOOM

Pair : LOOM/BTC

Current Price 0.00000283 BTC

Catalyst –

NA

Technicals–

• Bullish crossover on MACD
• Trading above 50, 100 and 200 MA on daily timeframe.
• Broke out from 4-months long accumulation range.

Trade Signal-

Entries : 0.00000240 – 0.00000280 BTC

Exit : 0.00000400 – 0.00000500 BTC

Stop : 0.00000200 BTC

Trade Now

Disclaimer:

Altcoins listed in this article are based on the author’s research. Author is not holding any of these altcoins. Always do your own research before investing in any cryptocurrency.