The crypto money market completed last week with a difficult process. However, the new week can offer the opportunity to recover for many Altcoin. Investors are wondering if this movement will arise from the market or the development of certain projects. According to our analysis as Kriptokoin.com, three Altcoin stands out in the second week of March.

Movement (Move): Can this Altcoin new main network launch into the launch?

Move fell to $ 0.370 last week due to the cautious approach of investors. However, this week, there is a significant development that can change the course of the subcoin: Move’s main network launch will be held. This activity can increase investor confidence and determine Move’s market movement.

Currently Move is trading at $ 0.464. $ 0.527 is consolidated below the resistance, while $ 0.420 is trying to hold on. If bulls take control, the Altcoin may rise to $ 0.617. Exceeding this level may confirm the rise trend and increase the interest of investor. However, Move may determine its direction depending on general market conditions. If the support of $ 0.420 is broken, the price can go below $ 0.370 and create a new bottom. In this scenario, a deeper drop for Move may be at the door.

Immutable (IMX): Can he exit the falling wedge formation?

IMX is moving in a falling wedge formation for the last two months. Altcoin, which is currently traded at $ 0.539, has lost 22 %in the last two weeks. However, this formation indicates that IMX can soon make a break. Altcoin maintains its critical $ 0.508 support. Ravenquest Sandbox MMORPG game, which will be released on March 14, can be a positive catalyst for IMX. This development can increase the IMX price by increasing the interest of investor.

If the IMX manages to stay above this support, it can target $ 0.684. Exceeding this point can allow the IMX to enter an upward trend towards $ 0.810 levels. However, if the procurement pressure is not sufficient and $ 0.508 support is lost, the price may decrease to $ 0.400.

TRON (TRX): Will this Altcoin maintain its strong stance?

Tron (TRX) is traded at $ 0.234 and continues its stable stance despite the fluctuations on the market. Moving in a narrow price range in the last three months, TRX continued to attract the attention of investors by avoiding harsh decreases. Currently, TRX is stuck between $ 0.262 resistance and $ 0.216 support. The 50 -day mobile average (EMA) level is a critical support point. If it manages to hold on top of this level, TRx may enter the upward trend by making a upward break.

However, if market conditions do not support the upward movement of TRX, consolidation may continue. If the $ 0.216 support is lost, the price may decrease to $ 0.194 and the expectations of rise may be invalid.