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Jakarta, Pintu News – Entering the third week of March, a number of altcoins have started to show technical signals that could potentially open up opportunities for significant price movements. As momentum continues to build in some parts of the altcoin market, a number of smaller-cap projects are starting to attract the attention of traders more broadly.
The following is a review of three altcoins that are considered to have the potential to take advantage of this momentum and print new record high prices throughout March, based on the BeInCrypto page.
On March 17, ADI was trading less than 4% below its all-time record high price of $3,903, which was recorded last Sunday. Under current market conditions, few tokens are this close to their historical highs.
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If ADI is able to decisively break through the limit, it will be an important technical achievement signaling that bullish momentum is still maintained.
ADI’s correlation with Bitcoin (BTC), which continues to strengthen, and is now at 0.65, also strengthens its short-term upside prospects. As BTC approaches the crucial $75,000 area, ADI has a chance to get an immediate boost from the move. If Bitcoin manages to continue its breakout, ADI could potentially surpass the ATH at $3,903 and move towards its next target of $4,101.

On the other hand, a weakening of the bullish momentum or a decline in Bitcoin price is a major risk that needs to be considered. If the direction of BTC movement turns weak, ADI is likely to be pressured and break the $3,700 support level.
If the selling pressure continues deeper, the altcoin risks dropping towards $3,563, which would invalidate the current bullish scenario.
As of March 17, CYS is trading about 38% below its all-time record high price of $0.600 reached at the beginning of last week. Currently, the altcoin is testing the $0.442 resistance level. In order to recover the weakness from the previous peak, CYS needs to register a strong breakout in this area before a chance of a more solid recovery can be established.
The $0.442 level also coincides with the 61.8% Fibonacci retracement line, making it a very important technical area to watch. The Money Flow Index (MFI) indicator shows that buying pressure among CYS holders is starting to increase, which could be the impetus for a potential breakout.
If the resistance of $0.442 is successfully broken, then the price has the opportunity to continue to rise to $0.482 and $0.532, thus approaching the ATH level again.

However, if the bullish momentum fails to sustain, CYS risks remaining stuck below $0.442. In case of a reversal, the altcoin could drop towards $0.387, and further selling pressure could take the price down to $0.352. A drop to that area would invalidate the current bullish scenario while signaling broader trend weakness.
Read also: Altcoin Volumes Fall Sharply, Investor Interest Weakens and Capital Rotation Begins to Show
SIREN is also one of the altcoins moving closer to its record high price. The token even set a new ATH in intraday trading today by touching $0.697. The altcoin has continued its upward momentum in recent times through consistent price gains.
This move to new highs reflects continued strong investor demand, positioning SIREN as one of the standout assets in the current market cycle.

The 20-day Exponential Moving Average (EMA) currently acts as a solid support level and is quite far below the current price, thus confirming a healthy bullish structure. The distance between the current price and the EMA support suggests that SIREN still has room to continue its rally. The next upside target is at $0.766, and if that level is exceeded, the opportunity for a new ATH to form will be further opened.
However, profit-taking from investors remains the main risk at these already high price levels. If selling pressure starts to increase, SIREN could correct to $0.540, and even further down to $0.470 if the weakness deepens. A drop to these levels would invalidate the current bullish scenario and signal a broader change in market sentiment towards the altcoin.
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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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