• Bitcoin's sell signal could threaten emerging altcoin narratives this week.
  • Two of most important among the upcoming events include Do Kwon's trial and SBF's sentencing.
  • The RWA narrative due to BlackRock's recent move could result in explosive moves.

This week’s outlook will be interesting as altcoin bulls try to go against Bitcoin’s bears. With an early Asian session pump in BTC, investors should ideally prepare for a US session sell-off. But if the pioneer crypto holds its ground, a few altcoins will likely trigger a rally. 

Three non-narrative altcoins we are keeping an eye on:

  • Ripple’s XRP token looks primed for double-digit gains - Read more.
  • Litecoin, a laggard, also shows signs of a potential rally - Read more.
  • Sushi’s big-picture outlook also breathes confidence for holders, but there’s a catch - Read more.

This week’s crypto events

March 25

  • SEC vs. DO Kwon trial (LUNA, LUNC, USTC)

March 26

  • ImmutableX (IMX) zK EVM hard fork mainnet

March 27 

  • VeChain (VET) VeBetter DAO mainnet beta
  • APT Suervillain Idle RPG Release

March 28

  • SBF Sentencing (FTT)

Token unlocks this week

  • March 29 - Optimism (OP) $92 million
  • March 31 - Echelon (PRIME) $40.20 million
  • April 1 - dYdX (DYDX) 114 million

Crypto narrative - Real World Asset (RWA)

BlackRock’s tokenized fund allocation has kickstarted a rally among RWA-based tokens like Ondo (ONDO), Dusk (DUSK), Maker (MKR), Centrifuge (CFG), Avalanche (AVAX), Polymesh (POLYX) and so on. 

Read more: Polymesh up nearly 80% after BlackRock's tokenized asset fund announcement

But this or any narrative that emerges this week is at the behest of the Bitcoin (BTC) price, which flashed a sell signal on the weekly chart. If BTC continues to crash, altcoins will likely follow suit.

Read more: Bitcoin Weekly Forecast: BTC may have recovered, but is it out of the woods?

BTC/USDT 1-week chart

BTC/USDT 1-week chart

Also read: 


Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers. The author will not be held responsible for information that is found at the end of links posted on this page.

If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.

FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.

The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.

Recommended content


Recommended Content

Editors’ Picks

IRS says crypto staking should be taxed in response to lawsuit

IRS says crypto staking should be taxed in response to lawsuit

The IRS stated that rewards from cryptocurrency staking are taxable upon receipt, according to a Bloomberg report on Monday, which stated the agency rejected a legal argument that sought to delay taxation until such rewards are sold or exchanged.

More Cryptocurrencies News
Solana dominates Bitcoin, Ethereum in price performance and trading volume: Glassnode

Solana dominates Bitcoin, Ethereum in price performance and trading volume: Glassnode

Solana is up 6% on Monday following a Glassnode report indicating that SOL has seen more capital increase than Bitcoin and Ethereum. Despite the large gains suggesting a relatively heated market, SOL could still stretch its growth before establishing a top for the cycle.

More Solana News
Ethereum Price Forecast: ETH risks a decline to $3,000 as investors realize increased profits and losses

Ethereum Price Forecast: ETH risks a decline to $3,000 as investors realize increased profits and losses

Ethereum is up 4% on Monday despite increased selling pressure across long-term and short-term holders in the past two days. If whales fail to maintain their recent buy-the-dip attitude, ETH risks a decline below $3,000.

More Ethereum News
Crypto Today: BTC hits new Trump-era low as Chainlink, HBAR and AAVE lead market recovery

Crypto Today: BTC hits new Trump-era low as Chainlink, HBAR and AAVE lead market recovery

The global cryptocurrency market cap shrank by $500 billion after the Federal Reserve's hawkish statements on December 17. Amid the market crash, Bitcoin price declined 7.2% last week, recording its first weekly timeframe loss since Donald Trump’s re-election. 

More Cryptocurrencies News
Bitcoin: 2025 outlook brightens on expectations of US pro-crypto policy

Bitcoin: 2025 outlook brightens on expectations of US pro-crypto policy

Bitcoin price has surged more than 140% in 2024, reaching the $100K milestone in early December. The rally was driven by the launch of Bitcoin Spot ETFs in January and the reduced supply following the fourth halving event in April.

Read full analysis
Best Forex Brokers with Low Spreads

Best Forex Brokers with Low Spreads

VERIFIED Low spreads are crucial for reducing trading costs. Explore top Forex brokers offering competitive spreads and high leverage. Compare options for EUR/USD, GBP/USD, USD/JPY, and Gold.

Read More

BTC

ETH

XRP