Altcoins like DOGEai, SIREN, and Nodecoin (NC) are gaining attention as hidden gems to watch in March. DOGEai, built on Solana, leverages multiple narratives, including Dogecoin’s popularity and the growing AI trend.

SIREN, a BNB altcoin, is poised to benefit from BNB’s rising momentum, while NC taps into the emerging DePIN narrative by rewarding users for monetizing unused internet.

DOGEai (DOGEAI)

DOGEai is an artificial intelligence coin launched on the Solana blockchain. Its market cap is $27 million, up 22% in the past seven days.

The project capitalizes on multiple narratives, including Dogecoin’s widespread popularity, increasing interest in DOGE (Department of Government Efficiency), and the trend of AI-based cryptos.

It positions itself as “an autonomous AI agent designed to uncover waste and inefficiencies in government spending and policy decisions,” providing bill summaries and insights into public expenditures.

If the current uptrend continues, DOGEai could challenge the resistance at $0.048, with potential upside targets at $0.057 and $0.068. A strong bullish trend could even push it to $0.098.

Conversely, if a downtrend occurs, DOGEai has support at $0.029, and if that level breaks, the price could decline to $0.0119.

SIREN

SIREN is a BNB altcoin capitalizing on the AI crypto narrative. With BNB gaining momentum – recently surpassing Solana in 24-hour trading volume – some of its altcoins, including SIREN, could attract increased attention in the coming weeks.

SIREN currently has a market cap of around $40 million, over 22,000 holders, and a daily trading volume of $1 million.

As interest in BNB continues to grow, SIREN could benefit significantly by positioning itself as a leading AI coin within the BNB ecosystem, which currently lags behind Solana and Base in the AI narrative.

If SIREN can establish a strong uptrend, it could challenge the resistance at $0.089, and breaking this level could push it further to $0.11. Conversely, if the downtrend intensifies, SIREN could test the support at $0.051, and if that level fails, it could drop as low as $0.034.

Nodecoin (NC)

NC is a Solana-based altcoin that serves as the native coin of Nodepay, a platform that allows users to monetize their unused internet for AI training and earn rewards.

NC is up 14% in the last seven days, with its market cap now at $14.4 million. Jason Brink, CEO of Datagram, emphasizes that DePIN coins could be one of the most underrated narratives right now:

“Given the current market sentiment, narratives tied to real-world utility and assets are poised to gain traction as investors shift focus back to fundamentals. The DePIN sector is particularly well-positioned to attract attention, encompassing projects in decentralized communication, edge computing and AI training. These networks deliver substantial cost efficiencies and reduce resource wastage, making them increasingly viable alternatives to traditional infrastructure models. Moreover, as the sector matures, sustainable tokenomics and concrete revenue models are not only reinforcing DePIN’s long-term proposition, but also aligning blockchain technology with real-world economic utility,” Brink told BeInCrypto.

If Nodecoin can build a strong uptrend, it could rise to test levels around $0.1.

However, if a downtrend emerges, it could test support at $0.056, and if that one is lost, it could go as low as $0.043.

Cardano (ADA) has been down almost 34% in the last 30 days and more than 15% in the past week. Its market cap is now at $22 billion. It has been trading below $1 for over a month, reflecting persistent bearish sentiment.

Technical indicators show a strong downtrend, with ADX rising to 46.8, signaling intensified selling pressure. However, if key support levels hold, ADA could reverse its trend and potentially break above $1 in March.

Cardano ADX Shows the Current Downtrend Is Strong

ADA’s ADX is currently at 46.8, rising sharply from 10.3 on February 23. The Average Directional Index (ADX) measures the strength of a trend without indicating its direction.

It ranges from 0 to 100, with values above 25 signaling a strong trend and values below 20 suggesting a weak or non-trending market. An ADX above 40 indicates a very strong trend, showing that market participants are highly confident in the current price movement.

With ADA’s ADX at 46.8 and the price in a downtrend, it indicates that the bearish momentum is gaining strength. This suggests that selling pressure is intensifying, making a continuation of the downtrend more likely.

Unless buying interest increases significantly, ADA could face further downside. The high ADX value confirms that the current bearish trend is strong and persistent, reducing the likelihood of a quick reversal.

ADA Whales Just Hit Their Lowest Level Since Early January

The number of Cardano whales – addresses holding between 1 million and 10 million ADA – has been steadily decreasing over the past week, dropping from 2,477 on February 21 to 2,454 currently. This is the lowest level since January 9.

Tracking these whales is crucial because they represent large investors whose buying or selling actions can significantly impact market liquidity and price movements.

When whale addresses decrease, it suggests that major holders are either reducing their positions or distributing their holdings, which can indicate a bearish sentiment.

This sharp decline in the number of Cardano whales could signal increasing selling pressure, potentially leading to further downside for ADA’s price.

As large holders reduce their exposure, it can create more supply in the market, driving prices lower. Additionally, a decreasing number of whales suggests weakened confidence among big investors, which could trigger further selling from smaller holders.

If this trend continues, ADA could face increased downward momentum in the coming days.

Will Cardano Return to $1 In March?

ADA’s EMA lines currently show a bearish setup, with short-term lines positioned below long-term ones, indicating ongoing downward momentum.

ADA could test the crucial support level at $0.5 if this downtrend continues strongly. If this support is lost, the price could decline further to $0.32, marking its lowest level since early November 2024.

This bearish configuration suggests continued selling pressure, increasing the likelihood of further downside unless buying interest picks up.

However, if the support at $0.5 is tested and holds, Cardano price could find the strength to reverse its trend.

In this bullish scenario, ADA could rise to test the resistance at $0.65.

If that level is broken, the price could continue climbing to $0.83 and even $0.90, potentially paving the way for a rally above $1 for the first time since late January.

Bitcoin ETFs saw a record $2.7 billion in outflows this week, signaling an impending bear market. Corporate Bitcoin holders are feeling the pain, and liquidations are spiking all across the crypto industry.

Additionally, the Federal Reserve Bank of Atlanta predicted that the US GDP would decrease by 1.5% in Q1 2025, fueling further economic pessimism.

Is Bitcoin Heading for a Bear Market?

The US spot Bitcoin ETF market, which grew so quickly in its first year, is seeing massive outflows. Earlier this week, it hit a new record for outflows, approaching $1 billion. Now that we have most of the week’s data, it reflects the growing concerns among institutional investors.

Over the past week, Bitcoin ETFs had $2.7 billion in net outflows, a troubling sign of a bear market. For comparison, this is the largest weekly net outflow since March 2024.

Fears of a bear market are gripping the entire crypto space, even hitting corporate Bitcoin holders. Strategy (formerly MicroStrategy) recently spent nearly $2 billion on BTC, and this didn’t help its stock price.

Today, trade data shows that it has fallen 57% since last November. Metaplanet fell 54% from its peak, and Tesla has been falling too. All these firms hold huge amounts of Bitcoin.

Bitcoin may be feeling the brunt of this potential bear market, but liquidations are spiking all across the crypto sector. According to the latest data, nearly $1 billion was liquidated in the last 24 hours. Traders are currently showing Extreme Fear, the lowest level since the 2022 FTX collapse.

A few prominent figures are looking at the brighter side. Michael Saylor urged the community not to panic sell, telling his followers to “sell a kidney if you must, but keep the Bitcoin.”

Arthur Hayes, former CEO of BitMEX, amended his recent prediction that BTC will drop and bounce back. However, he maintains that Bitcoin will rebound after a bear market.

“We are making lower lows in this current wave. I was tempted to add risk this morning, but looking at this price action I think we have one more violent wave down below $80,000, most likely over the weekend, then crickets for a while. Hold on to your butts!” Hayes claimed via social media.

Dark economic portents have been present for a few days now, and a market correction seems inevitable. This afternoon, the Federal Reserve Bank of Atlanta claimed that the US GDP is on track to decline by 1.5% in Q1 2025.

Even a disproven rumor could cause a lot of problems. Overall, the current macroeconomic factors point towards a short-term bearish cycle for Bitcoin and the entire market.