• Arbitrum’s much awaited token went live on 23rd Mar & more than 42 million arb tokens were claimed in the first hour. Some 23,000 individual wallets claimed the airdrop, representing 3% of all eligible wallets.

• Mask rallied 50% last time when Elon Musk sealed $44Billion deal of Twitter in the month of Oct and this week again 50%

• Cryptocurrency exchange Binance suspended trading on its spot markets for two hours because of a computer bug related to the trailing stop loss feature which caused about a $700 dip in the price of bitcoin (BTC).

• Bitcoin is currently up 20% for March & has sealed seven days of practically flat performance despite some volatility in between.

• Xrp resolved 35% last week as Ripple’s CEO is optimistic that the SEC case will be resolved in the first half of 2023.

• With LSD trend and shanghai upgrade on the horizon, Rocketpool $RPL is already on its way by moving 15% up while the entire market was bleeding.

What factors lead to such changes in Market?

• Binance added $Mask to its Bluebird Index just after Elon Musk took over Twitter. This index tracks price of $BNB, $DOGE & $MASK

• Recently, Binance updated its proof-of-reserve assets to include MASK & since then Mask is rallying & may even continue

• Due to Federal Reserve (Fed) drastic measures to pump liquidity into the market, investors are turning to Bitcoin

• DZ Bank — the second-largest German bank by assets looks to integrate crypto into its banking system, allowing customers to trade Bitcoin while carrying out online banking activities.

• Bitcoin has managed to close above 200 & 100 week EMA week with a modest flourish, returning to the $27,842 mark, as per TA shown on TradingView

• A strong catalyst of Fed, new partnerships & German bank drive might help to take the price up

Our predictions & recommendations

• Wait for March end to see if BTC closes above 100 weekly EMA $27610 or not? If BTC loses the support of $27600, wait for its retracal to 200 weekly EMA to $24938, it looks a strong support and a good dip to buy

• Successful retracement from the support can be a beginning of Bullish Trend

• After Elon Musk’s acquisition, there is an expectation of increase in more use cases for the token like payments on Twitter so MASK is a token to watch out for in the coming weeks and months.

• Based on the outage in the market we recommend you to own a physical hardware wallet such as trezor,ledger and spread your funds in different exchanges, wallets and chains

• With ongoing development and new features planned for the future, Rocketpool is well-positioned to continue to be a major player in the DeFi space.

• Xrp will be in uptrend till the first half of 2023 as investors are expecting the case to end before that provided positive market conditions. Incase of delay or after June there is a possibility of crash or downtrend