3 Altcoins That Could Outperform Bitcoin (BTC) in March

February proved to be a challenging month for the cryptocurrency landscape, marked by two significant liquidation events.

February was a challenging month for the cryptocurrency markets, marked by two significant events that led to large liquidations on February 3 and February 24.

February was a challenging month for the cryptocurrency markets, marked by two significant events that led to large liquidations on February 3 and February 24.

As a result of these events, Bitcoin fell below its long-standing trading range, and altcoins experienced even harsher declines, as evidenced by the plummet in the Bitcoin Dominance Rate (BTCD).

However, despite the overall downturn, a few altcoins exhibited resilience against Bitcoin. In this analysis, we will be examining three altcoins that show promising bullish formations against Bitcoin (BTC), suggesting the possibility of outperformance in March.

3 Altcoins Showing Strength Against Bitcoin

The first altcoin that shows potential for outperforming Bitcoin is BNB.

The first altcoin that shows potential for outperforming Bitcoin is BNB.

On the chart, we can see that BNB’s price broke above a persistent downward resistance trend line in December 2023, reaching a peak at ₿0.0101.

Since that peak, the price has been declining over the course of seven months, hitting a low of ₿0.0055 in February 2025.

Recently, BNB’s price rebounded (indicated by a green icon), reclaiming the ₿0.0065 horizontal support level and negating the previous breakdown.

This rebound has resulted in a double bottom formation within the support zone, which is further complemented by a bullish divergence (illustrated in orange) on the Relative Strength Index (RSI).

It’s worth noting that such bullish divergences on a weekly basis are rare and typically precede trend reversals in an upward direction.

A breakout from the descending resistance trend line will confirm this double bottom pattern. Should that occur, BNB’s price may test the ₿0.0095 range high and possibly break through it.

The wave count supports this analysis, indicating an A-B-C structure (marked in green). Matching the length of wave C with wave A suggests a target of ₿0.0110 for BNB.

Next up, the weekly LTC/BTC chart shows that the price has been trading below a downward resistance trend line since November 2022, reaching a low of ₿0.000818 in November 2024.

After 721 days, Litecoin’s price broke out of this trend, driven by sustained bullish divergences in the RSI and MACD.

Despite the breakout, Litecoin’s price has not seen significant gains yet, as it is still facing resistance at the ₿0.00145 range high.

Currently, Litecoin has made two failed breakout attempts (marked by red icons) and is gearing up for a third one.

A close above this resistance could lead to a 61% increase, with the next resistance level lying at ₿0.0023.

The last altcoin that shows potential for outperforming Bitcoin is MKR.

The last altcoin that shows potential for outperforming Bitcoin is MKR.

The MKR price broke above a descending resistance trend line in February 2025, a line that had persisted for almost a year prior to the breakout.

Much like BNB and LTC, a bullish divergence in both the RSI and MACD preceded the breakout, reinforcing its validity and signaling the continuation of the upward movement.

Following these divergences, the RSI moved above 50, and the MACD executed a bullish crossover, both of which are positive indicators for future momentum.

Nevertheless, the MKR price must also break above the ₿0.0165 horizontal resistance level to confirm a bullish trend reversal.

If successful, the MKR price could rise by an additional 62%, targeting the ₿0.032 resistance zone.