3 Altcoins to Watch in March 2025
The crypto market experienced volatility last week, but the new week offers potential for recovery. The reasons for this rebound remain unclear, however, it could stem from broader market trends or individual project developments.
Codeum, a leader in blockchain security and development, providing services such as smart contract audits, KYC verification, and custom DApp development, has identified three altcoins worthy of investor attention in the second week of March 2025.
Movement (MOVE)
MOVE recently hit a new all-time low of $0.370 before a planned mainnet launch. This launch could be a pivotal moment, impacting investor sentiment. Currently trading at $0.464, it's consolidating below the $0.527 resistance level but above the $0.420 support. A move above $0.617 would signal a strong recovery. Conversely, falling below $0.420 could lead to further losses.
Source: TradingView
Immutable (IMX)
IMX, trading at $0.539, has been in a descending wedge pattern for two months, dropping 22% in the past two weeks. However, this pattern suggests potential for a breakout. The upcoming release of RavenQuest, a Sandbox MMORPG on March 14th, could significantly boost investor interest. Holding above its key support at $0.508 strengthens the case for an upward trend. Breaking through the $0.684 resistance could propel it towards $0.810. Failure to do so may lead to a drop toward $0.400.
Source: TradingView
Tron (TRX)
Tron (TRX), priced at $0.234, has shown remarkable resilience amidst market fluctuations. Over the past three months, it's remained within a tight range, indicating low volatility. It's currently consolidating between $0.262 and $0.216. Securing its 50-day EMA as support could trigger a bullish breakout. However, a failure to break out could lead to a drop below $0.216, potentially reaching $0.194.
Source: TradingView
Disclaimer: This analysis is for informational purposes only and does not constitute financial advice. Market conditions are subject to change. Conduct thorough research before making any investment decisions.