Analisis Altcoin: SUSHI, LEO, HBAR
The altcoin market is recovering today after losses recorded last week. This affected the SUSHI and HBAR tokens. Although LEO only continued to grow against the background of bullish sentiment in the market.
SUSHI peaked on March 14, trading at more than $23.35 on the Binance cryptocurrency exchange. Then began a slow fall, up to March 25, when the price for one token was $14.21 on Binance.
The coin met strong resistance in the range of $18 to $22, trying repeatedly to align in value. However, if the bears come to the market again, the maximum that SUSHI and its investors can count on is $14-$15 per token. Only the retention of this price can stabilise its situation.
UNUS SED LEO (LEO)
The LEO token has moved towards its current price range thanks to a strong bullish momentum and this week the trend reversal is unlikely to occur. Today, the coin is trading at $2.12 on the Bitfinex crypto exchange, in an attempt to overcome the resistance that arises at the level of $2.15.
If a potential correction occurs in short term, the cost of LEO is unlikely to fall below the values of $1.9-$2.05. Volatility is low, so the asset definitely deserves a separate place in the portfolio with altcoins.
Hedera Hashgraph (HBAR)
The last candidate on the list showed very modest growth over the past week compared to previous altcoins. Since March 1, HBAR began slow growth, reaching $0.17 on the Binance exchange by March 4, and then there was a sharp jump to $0.43 by March 15th.
Over the past week, the value of the coin has not changed significantly, trading in the range of $0.29 to $0.34. According to Binance, the price for one HBAR is now $0.32 and there is no reason for its rapid change in the next 7 days.
The article has an informational character, reflects the opinion of the author. Before you make a decision, analyze the market situation.