In recent years, cryptocurrencies have taken the financial world by storm. As more and more people become aware of the potential benefits of investing in cryptocurrencies, the demand for these digital assets continues to rise.
Currently, the crypto market appears poised for a bullish rally similar to 2021. Many top crypto projects have seen double-digit gains in the last seven days. Additionally, the global crypto market cap has surpassed the $2.45 trillion mark, indicating significant growth.
This recent bull rally has sparked optimism among investors and traders, fueling expectations for various assets to their historical peaks once again. With that in mind, here are three cryptocurrency projects that show potential for achieving a new ATH level within the upcoming month.
3 Cryptocurrencies Expected to Reach ATH Level in March 2024
Bitcoin (BTC)
Currently, Bitcoin (BTC) is leading the crypto market rally, pulling other cryptos along in its wake. Bitcoin has again reached the $64k level for the first time since 2021. The BTC Coin has surged by over 22% in the weekly charts and a remarkable 48% over the past month, showcasing its dominance in the market.
Bitcoin is down by only 9.58% from its record peak of $68,789 reached in 2021. Our expert’s technical analysis suggests that BTC will continue its bullish rally in the coming month. Additionally, the upcoming Bitcoin halving event in April is expected to boost BTC value.
Ethereum (ETH)
Ethereum (ETH) stands as the second-largest cryptocurrency and is backed by an active community. The Ethereum Coin follows Bitcoin’s price fluctuations. As we found on CoinMarketCap, the Ethereum Coin is currently trading up by 2% in the daily charts, 16.11% in the weekly charts, and has surged by over 50% in the last month.
Currently, Ethereum is down by only 30% from its recorded peak of $4,891.70 reached in November 2021. We believe that if Bitcoin continues its bullish rally in March, the ETH Coin could potentially reach a new ATH level.
Dogecoin (DOGE)
Dogecoin (DOGE) is one of the most popular meme-based cryptocurrencies that has gained huge popularity in the crypto market. It also got a significant boost from Elon Musk’s tweets and endorsements.
As per many popular analysts, Dogecoin is anticipated to reach a new all-time high soon. As Bitcoin (BTC) nears its 2021 peak, the DOGE Coin may also surge in value in the coming days. This mirrors a pattern observed in the 2021 bull run, raising optimism among Dogecoin enthusiasts for a repeat this year.
Disclaimer
The information in this article should not be considered financial advice, and the OvenAdd platform is intended only to provide educational and general information. Please conduct your own research and consult a financial advisor before making any investment choices.
