3 Altcoins with Crash Potential in March 2026

Updated

March 7, 2026

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ChatGPT Perplexity

Summarize

ChatGPT Perplexity

Gambar 3 Altcoins with Crash Potential in March 2026

Jakarta, Pintu News – The global crypto market is facing major pressure again after South Korea’s stock market experienced sharp declines in the past two days. The main KOSPI index plunged by more than 10% in a single day, making it the biggest daily drop since the 2008 global financial crisis.

This has sparked concerns that liquidity from South Korean retail traders, who are known to be very active in the cryptocurrency market, will be drastically reduced. The impact could potentially pressure a number of popular altcoins that have high trading volumes in the Asian region.

Ethereum (ETH)

Ethereum is one of the cryptocurrencies that could potentially be affected by the South Korean financial market turmoil. Currently, the price of Ethereum is trading at around US$2,070 or around IDR34,978,860 at an exchange rate of IDR16,898 per dollar.

The price is still above an important support area that was previously around US$1,740 or around IDR 29,402,520. This level was previously a strong reaction point that was able to withstand the price decline after Ethereum experienced a major correction from the US$3,200 area.

Technically, Ethereum’s price structure still shows a bearish trend as it continues to form lower highs since reaching the previous cycle peak. The price rejection at the 0.5 Fibonacci area around US$3,347 reinforces the indication that selling pressure is still dominant in the crypto market.

Although momentum indicators such as the Awesome Oscillator are starting to show a weakening of bearish pressure, the market is still not showing strong trend reversal signals. To reverse market sentiment, Ethereum needs to break through key resistance around US$2,500 or equivalent to IDR42,245,000.

Dogecoin (DOGE)

Dogecoin is also one of the altcoins at risk of further declines during this market crisis. Dogecoin’s price is currently hovering around US$0.093 or around Rp1,571 per coin after experiencing a nearly 60% drop from its previous price peak.

The price movement structure still shows a pattern of lower highs and lower lows, indicating that the downtrend is still continuing. This suggests that buying interest in the cryptocurrency market is still relatively weak.

Dogecoin’s price movement is currently inside a downward channel with consolidation in the lower area. This opens up the opportunity for a short-term bounce, but is not strong enough to change the overall trend.

For the bullish trend to be re-established, DOGE needs to break the important resistance around US$0.13 or around Rp2,197. The Chaikin Money Flow indicator is also still in the negative zone which shows that capital outflow from this crypto market is still ongoing.

Also read: What is White Gold?

Shiba Inu (SHIB)

Shiba Inu is the third altcoin to potentially experience price pressure during the global market turmoil. Currently, the price of SHIB is trading at around US$0.0000056 or around Rp0.0946. The price movement is still within the descending channel pattern which shows a consistent downward trend. The main support area is around US$0.0000050 or around IDR0.0845 which has often been a strong demand zone in the past.

Several attempts to rebound SHIB prices have always been held back by increasingly low Fibonacci resistance. The first resistance is around US$0.0000080 or around Rp0.135 which is an important limit for price recovery.

Technical indicators such as Parabolic SAR are still above the price, which indicates that bearish momentum still dominates the cryptocurrency market. As long as SHIB has not been able to break out of the downward channel, the risk of further correction is still quite large.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities are subject to high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying and selling Bitcoin and other crypto asset investments are the responsibility of the reader.

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