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Three altcoins that promise to wow investors in March

Bitcoin (BTC) and various popular altcoins have recently experienced notable price increases
However, there are some lesser-known cryptocurrencies that are showing bullish trends, indicating the potential for significant gains. BeInCrypto's team of analysts has identified three altcoins that could present attractive opportunities for investors in March.
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ANKR is showing a strong recovery from historical resistance levels
Since May 2022, the price of ANKR has been resting against a downtrend line. Despite three failed attempts to break this line, resulting in the formation of extended upper vics indicating selling pressure, ANKR began an upward trajectory in February 2024. The coin successfully consolidated above the key 644-day resistance level and the weekly Relative Strength Index (RSI) exceeded the 50 threshold, confirming this breakout.
If the upward momentum continues, ANKR could potentially appreciate by around 30% and reach an important resistance zone at $0.050.
Weekly chart of ANKR/USDT. Source: TradingView
Conversely, failure to sustain this bullish trend could lead to a 30% pullback to the downside boundary line at $0.027.
Raydium (RAY): Breakout and retest in progress
RAY has been rising since October 2023, reaching a peak of $1.99 in December, followed by a correction phase. Despite this pullback, RAY found support at the $1 level and managed to overcome a short-term downward resistance line last week.
The Relative Strength Index continues to remain above 50, showing renewed strength. A successful close above downside resistance could pave the way for an impressive 200% spurt to the next resistance located at $3.70.
Weekly chart of RAY/USDT. Source: TradingView
However, a close below $1 would negate the breakout scenario, potentially triggering a significant 70% decline to $0.35.
MASK Network (MASK) is gaining momentum
MASK has been under a downtrend line since August 2021. However, the coin has been on an upward trajectory since early 2024, breaking the trendline the previous week.
A continuation of the bullish trend could push MASK's price up by about 50%, leading to a target resistance level of $7.
Weekly chart of MASK/USDT. Source: TradingView
Despite the optimistic outlook, failure to sustain recent gains could trigger a 23% corrective pullback that would take prices back to the resistance line at $3.60.
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