The crypto market faced a challenging week, but the new week brings hope for recovery. Whether this rebound stems from broader market trends or individual network developments remains uncertain.  

BeInCrypto has identified three altcoins for investors to watch closely as we enter the second week of March.

Movement (MOVE)

MOVE price hit a new all-time low of $0.370 as investors pulled back ahead of the anticipated mainnet launch scheduled for this week. This event could mark a turning point for the altcoin, influencing investor sentiment and potential market movements in the coming days.

Currently, MOVE is trading at $0.464, consolidating below the $0.527 resistance while holding above the $0.420 support. If bullish momentum builds, the altcoin could push toward $0.617. A successful breach of this level would confirm recovery and attract renewed investor confidence.

However, if MOVE remains heavily influenced by broader market trends, a breakdown below $0.420 could trigger further losses. This scenario might lead to the altcoin slipping past its all-time low of $0.370, potentially forming a new bottom and extending its bearish trajectory.

Immutable (IMX)

IMX has been trading within a descending wedge for the past two months, currently priced at $0.539. The altcoin has declined by 22% over the last two weeks, reflecting sustained bearish pressure. However, the technical pattern suggests the potential for a breakout, offering a chance for a trend reversal.

IMX is holding above its key support level at $0.508, reinforcing the possibility of an upward move. Supporting this is the upcoming launch of RavenQuest, a Sandbox MMORPG set for release on March 14. This event could attract fresh investment, drive renewed interest, and improve market sentiment around IMX.

If investor enthusiasm supports IMX, the altcoin could break through the $0.684 resistance and aim for $0.810. However, failure to breach this level would invalidate the bullish outlook. In a bearish scenario, IMX could lose support at $0.508, leading to a potential decline toward $0.400.

Tron (TRX)

Tron’s price, at $0.234, has demonstrated resilience, maintaining stability despite broader market fluctuations. Over the past three months, the altcoin has remained within a tight range, showing limited volatility. Unlike other cryptocurrencies that have faced sharp crashes, TRX has managed to hold its ground, avoiding significant downside moves during market uncertainty.

Currently, Tron is consolidating between $0.262 and $0.216, effectively preventing major losses. The altcoin appears poised to secure its 50-day Exponential Moving Average (EMA) as support. If successful, this could serve as a foundation for a breakout, allowing TRX to move beyond its established range and enter a bullish phase.

However, if the breakout attempt fails, consolidation may persist. A shift in market sentiment or intensifying bearish conditions could push TRX below its $0.216 support. A further decline could send the altcoin toward $0.194, invalidating the bullish-neutral outlook.

Open Builders, the team behind Notcoin, Lost Dogs, and Not Pixel, has announced the launch of Not Games in March. The project aims to revitalize the Notcoin (NOT) ecosystem by introducing games where players can earn tokens for free.

Open Builders revealed this plan at a time when interest in Telegram-based mini-games has dropped significantly, and TON’s user base has fallen to its lowest level in a year.

Notcoin (NOT) Seeks to Renew User Interest Through Not Games

In a press release shared with BeInCrypto, Open Builders clarified that Not Games is not a standalone game on Telegram. Instead, it is an interconnected gaming ecosystem that links multiple titles.

Within this ecosystem, Open Builders will introduce Game Profiles, shared inventories, and an in-game marketplace where players can trade with each other. This system gives the NOT token a broader use case, and it’s expected to transform the token from a simple tap-to-earn reward into a valuable asset within the gaming economy.

“Instead of fragmented tokenomics, Not Games will integrate NOT as the primary currency for purchases, upgrades, and rewards across all games. Every three weeks, the most skilled players will compete for rewards in NOT, ensuring a play-to-win experience, rather than a pay-to-win model.” – the Notcoin team told BeInCrypto.

Currently, Open Builders has already launched a game called VOID and confirmed that at least five more games are in development.

Tap-to-Earn and TON’s Shrinking User Base

Notcoin (NOT) gained massive popularity in 2024, driven by the tap-to-earn trend alongside projects like Hamster Kombat (HMSTR) and Yescoin, TapSwap, and Blum. Within the first six months of 2024, Notcoin attracted 35 million players.

However, Google Trends data indicates that interest in Notcoin has sharply declined and has nearly faded by 2025.

Additionally, Tgstat data reveals that the Notcoin Community’s Telegram membership has dropped by nearly 2 million since the beginning of the year.

Even after NOT’s listing on Kraken in mid-February, its price only surged briefly on the listing day before continuing its downward trend, hitting new lows in 2025. This suggests that investor interest in NOT has faded.

Moreover, Artemis data shows that daily active addresses on The Open Network (TON) have dropped from 2.4 million in October 2024 to just 130,000 at the time of writing.

The declining TON user base poses a major challenge for Notcoin (NOT) and its efforts to build a sustainable ecosystem.

Solana has faced a sharp decline, plunging to a multi-month low amid broader market weakness. The altcoin’s ongoing downtrend, exacerbated by recent technical indicators, has made a recovery uncertain. 

Solana’s future price action largely depends on Bitcoin’s performance, as a potential BTC rebound could support SOL’s turnaround.

Solana Investors Need A Nudge

Solana’s Long-Term Holder Net Unrealized Profit/Loss (LTH NUPL) has entered the Fear zone, signaling increased market distress. Currently sitting at a 16-month low, this indicator reflects the broader market downturn’s impact on SOL investors. As long-term holders experience rising losses, the potential for significant selling pressure increases, posing a risk of further declines.

The sentiment among these investors could extend to retail traders if fear escalates. A mass sell-off could amplify bearish pressure, making it harder for SOL to recover. Unless Bitcoin stabilizes and market conditions improve, investor confidence in Solana is likely to remain weak in the near term.

Solana maintains a strong correlation with Bitcoin, currently at 0.92. While high correlation typically signals bullish alignment, in SOL’s case, it is a bearish indicator. Bitcoin is struggling to hold above $80,000, meaning any further BTC weakness could pull Solana down alongside it.

If Bitcoin fails to regain momentum, Solana’s price could face additional losses. The altcoin’s reliance on BTC’s stability adds to its vulnerability. Until Bitcoin reclaims key support levels, SOL’s macro momentum will likely remain bearish, prolonging its downtrend.

SOL Price Takes A Hit

Solana’s price has dropped 28% in the past 24 hours, trading at $128. The decline stems from overall market bearishness and the Death Cross formation on SOL’s chart last week. This technical pattern suggests continued downside unless strong buying pressure emerges.

Currently, SOL is holding above $120, attempting to stabilize. However, if broader market conditions do not improve, the altcoin risks breaking below its key support at $128. A failure to hold this level could accelerate losses, leading to deeper corrections.

On the other hand, if investors take advantage of the lower price and accumulate, SOL could reclaim $137 as support. A successful breakout beyond this level would open the door for a potential rally toward $155, effectively invalidating the bearish outlook. Market sentiment and Bitcoin’s trajectory remain critical to Solana’s recovery.