Solana, Dogecoin, and The Graph are ready for a bullish rally in March

Amid the recent growth of bitcoin BTC $60,983.00 Bitcoin -2.78% Market capitalization $1.2 trillion VOL. 24 hours $1.38 billion , crypto market experts have identified three promising tokens that are ready for a price breakthrough in March.

Solana (SOL)

The weekly chart shows that the price of SOL $148.47 Solana 0.86% Market capitalization $68.71 billion VOL. 24 hours $0.5 billion has risen sharply after the coin broke through a long-term downward resistance line in September 2023 and confirmed it as support (green icon on the chart — ed.). Despite the fact that SOL underwent a correction after reaching its high, this week the cryptocurrency bounced off the horizontal area.

According to experts' forecasts, Solana can grow by 100% of its current value.

Dogecoin (DOGE)

Since October 2022, the price of Dogecoin DOGE $0.12 Dogecoin -0.97% Market capitalization $17.68 billion VOL. 24 hours $45.66 million has fallen under the downward resistance trend line. At the beginning of the week, the leading meme asset started a price decline, and later DOGE rebounded and created a large bullish weekly candle. If the weekly closure holds, DOGE will break out of the descending resistance trend line that has been in place for 490 days.

If DOGE confirms the breakout, it could rise by 35%. Despite the bullish outlook for the meme cryptocurrency, a failed breakout could lead to a 50% drop.

The Graph (GRT)

The last altcoin that can outperform BTC is GRT. The price of the virtual asset broke out of the downward resistance trend line that has been in place since it reached its all-time high. After bouncing off the trend line(green icon on the chart — ed.), GRT began an upward movement that caused a breakout to $ 0.3.

Analysts in the digital asset industry believe that GRT can grow by another 90%. However, if the asset fails the support zone, a 45% drop is likely.

Despite the bullish outlook for GRT’s price, a close below the 450-satoshi support zone could trigger a 45% drop to the 280-satoshi resistance trend line.