As Bitcoin lingered near the month’s closing mark, attracting buyers at above $61,400, a significant rally among altcoins such as SOL Coin was observed, with some registering over a 15% increase. The anticipated impact of Bitcoin’s surge on altcoin performance seems to be on the horizon, though not yet fully transpired.
Impressive Gains for Solana’s SOL Coin
Solana, a major smart contract platform, has witnessed its value steadily climb, hinting at further increases if it closes above specific price points. SOL Coin, recently nudging the $135 level, has faced slight resistance, yet maintains potential for notable growth if it surpasses the $137.5 threshold, aiming for peaks between $158 and $176.5.
The trajectory for SOL’s value in March seems bullish, with the $203.5 resistance level as the ultimate challenge to overcome. Its performance could be a bellwether for possible accelerated rallies across the altcoin market.
Chiliz’s CHZ Coin Eyes Higher Resistance Levels
CHZ Coin, after successfully crossing the $0.086 milestone, is testing resistance at $0.145. Should it stabilize above this benchmark, it may target further objectives at $0.155 and $0.17, with the ultimate resistance at the fabled $0.275 mark, bolstered by approaching season finales and fresh developments surrounding Chiliz Chain.
CEEK Coin, despite Bitcoin’s significant gains, has posted modest increases. As Bitcoin maintains its strong rally, CEEK Coin could revisit the $0.06 resistance area in March, with future hurdles at $0.065 and $0.079.