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Speculation is mounting about the US government’s possible incorporation of XRP tokens into its national financial reserves, as well as the potential seizure of Ripple’s XRP escrow. However, Ripple lawyer Bill Morgan has denied these rumors, pouring cold water on the speculation. Is the US Govt. Planning to Seize Ripple’s XRP Escrow? In a recent
The post Lawyer Denies Rumors About US Seizing XRP Escrow for Reserve appeared first on CoinGape.
The crypto market’s volatility has left altcoins in limbo, uncertain about potential gains or losses, and heavily reliant on external factors. These influences could determine whether a recovery rally occurs.
BeInCrypto has analyzed three key altcoins for investors to watch in the third week of March and what direction they could take.
Solana’s price is currently at $129, positioning itself for a potential bullish breakout. On March 17, the Chicago Mercantile Exchange (CME) will launch SOL Futures, a significant event for the altcoin. As CME is one of the largest derivatives exchanges globally, this could drive substantial institutional inflows into Solana.
This development could inject bullish momentum into SOL, pushing the altcoin higher. The critical resistance level to watch is $161, which would require a 24% price surge. However, for this rally to materialize, SOL must first breach the $135 and $148 resistance levels, paving the way for continued gains.
If Solana fails to break through either $135 or $148, its price could retrace. A drop below these levels could send SOL back to $126 or lower to $118. This scenario would invalidate the bullish outlook, delaying any potential recovery and exposing the altcoin to further downside risk.
MNT price has surged 25% over the past week as anticipation builds for Mantle’s upcoming network upgrade. On March 19, the Mantle Network Mainnet will undergo a hard fork upgrade, activating EigenDA and ensuring compatibility with Ethereum’s future Pectra upgrade. This event is driving strong bullish sentiment for MNT.
In response to the upgrade, MNT is expected to see further gains, potentially reaching $1.00. Currently trading at $0.83, the altcoin needs to breach the $0.87 and $0.94 resistance levels to sustain its rally. A successful breakout above these levels could confirm the bullish trend.
However, failure to surpass $0.87 could keep MNT stuck in consolidation. If the altcoin loses support at $0.79, it risks falling further to $0.71. A drop to this level would invalidate the bullish outlook and shift market sentiment toward a bearish trend.
Another altcoin to watch in March, BNB’s price surged 19.5% this week, reaching $635 at the time of writing. The altcoin successfully broke through the key resistance block between $587 and $619. With bullish momentum building, BNB appears poised for further gains, provided market conditions remain favorable in the coming days.
One major catalyst is the upcoming Pascal hard fork on March 20. The upgrade will introduce EIP-7702 smart contract wallets, enhanced Ethereum Virtual Machine (EVM) compatibility, and improved developer flexibility. These enhancements could drive investor confidence, pushing BNB above $647 and potentially toward the $686 mark.
However, if the anticipated rally fails to gain traction, BNB could retreat to $619. Losing this support level may trigger further declines, sending the altcoin back through the resistance block and potentially testing the $550 support level, which would invalidate the bullish outlook.
The post 3 Altcoins to Watch in the Third Week of March 2025 appeared first on BeInCrypto.
Solana has seen impressive price gains recently, reaching a two-month high and coming close to breaching the $180 mark.
However, it faces a crucial resistance level that has kept the altcoin from pushing past $200. With market conditions and investor behavior at play, the journey to $200 may be challenging for Solana.
Many Solana (SOL) holders are choosing to book profits, contributing to a rising Realized Profit/Loss ratio. This indicator has surged to 15.0, signaling that excessive selling could be a concern. Historically, when this ratio crosses the 10.0 threshold, it often leads to short-term price corrections.
This profit-taking behavior could also exacerbate market volatility, potentially delaying or halting Solana’s rally. The influx of sales could weigh on the price, even as Solana has managed to make significant gains over the past month.
As a result, SOL could be facing a reversal.
Solana’s technical indicators also suggest that its bullish momentum might be nearing saturation. The Relative Strength Index (RSI) currently sits above 70.0, placing Solana in the overbought zone.
This suggests that the altcoin’s rally could be reaching its peak, similar to what occurred in mid-January 2025, when Solana’s price saw a drop after hitting similar levels. The RSI, combined with investor behavior, signals that Solana’s price may be nearing a short-term decline.
Solana’s price has surged by 61% over the last month, trading at $170 at the time of writing. The altcoin is just under the resistance of $180, not too far from the long-awaited $200 mark.
If the current momentum continues, Solana could break past this resistance and rally towards the $200 milestone, sparking further interest and investment.
However, the factors discussed above may cause concern for Solana’s price. The combination of increased selling pressure and overbought technical indicators could lead to a reversal.
In this case, Solana’s price may fall to $161 or lower, with the $148 level potentially becoming the next key support. This would keep the 3-month barrier of $180 intact, delaying the long-awaited breakthrough.
On the other hand, if the SOL being sold is absorbed by new investors, and the price can hold its gains, Solana may push past the $180 resistance. This would open the path to $200, invalidating the bearish outlook and continuing its bullish trend. Such a move would require sustained market confidence and demand to overcome the current barriers.
The post Solana Price Hits 2-Month High, but Breaking the $200 Barrier is Challenging appeared first on BeInCrypto.
The crypto market is facing massive volatility today, and amid this noise, some meme coins are able to pick up pace on recovery. One such coin is said to have ties with Tesla founder and US Department of Government Efficiency (DOGE) head Elon Musk.
BeInCrypto has analyzed two other meme coins for investors to watch and note which direction they are taking.
RFC price surged by 141% over the past 24 hours, continuing its uptrend this week. The meme coin gained attention after Elon Musk’s interactions with its official X (formerly Twitter) page. This triggered a speculative surge in interest, helping RFC capitalize on the increased attention and rising market sentiment.
Musk’s indirect association with Retard Finder Coin has sparked speculation, although no direct evidence confirms his involvement. Despite this uncertainty, RFC’s price has risen to $0.040. If the speculation continues, the altcoin could see further gains, potentially reaching the $0.050 resistance level in the short term.
Despite its recent rise, RFC remains a meme coin with inherent volatility. The altcoin faces the risk of rapid selling by investors, which could lead to a quick price pullback. If this occurs, RFC might fall to $0.030 or even $0.020, making it crucial for investors to approach with caution.
FARTCOIN saw a 32% rise in the last 24 hours, trading at $0.591. The meme coin is now nearing the resistance level of $0.600. If this momentum continues, FARTCOIN could break through this barrier and continue its upward movement, heading toward new highs in the coming sessions.
In the past, the $0.600 resistance has halted FARTCOIN’s rally, preventing further price gains. However, if the current bullish trend persists, FARTCOIN could overcome this barrier and rise toward $0.693. This level marks the next target for the altcoin, supported by positive market sentiment and strong investor interest.
If the resistance level proves too strong, FARTCOIN may experience a pullback. A failure to breach $0.600 could lead to a decline back to $0.417 or even lower, erasing recent gains. This scenario would invalidate the bullish outlook and extend the downtrend if selling pressure intensifies.
MOG price surged by 25% in the last 24 hours, providing relief after a steep 50% decline during March’s end. This recovery signals the potential for further growth as the meme coin attempts to regain momentum and distance itself from recent losses. The recent rise could lead to more positive movements.
At the time of writing, MOG is trading at $0.000000346, just below the key resistance level of $0.000000370. If it breaches this level, MOG could gain enough momentum to push toward $0.000000433. This breakthrough would mark a significant recovery and extend its upward trend further in the coming days.
However, if MOG fails to breach $0.000000370, the altcoin may experience a decline. The next major support lies at $0.000000273, and if this level is tested, it could wipe out recent gains. In such a scenario, the bullish outlook would be invalidated, signaling a continued struggle for the meme coin.
The post Retard Finder Coin Posts 140% Jump Amid Musk Tie-Up Rumors | Meme Coins To Watch Today appeared first on BeInCrypto.