Why These Altcoins Are Trending Today — March 20

The crypto market has seen a significant surge in trading activity over the past 24 hours, with total market capitalization rising by $97 billion. 

This influx of liquidity has sparked interest in several altcoins, with KOMA, EPIC, and KEKIUS being the most searched-for assets today. 

Koma Inu (KOMA)

The dog-themed meme coin KOMA is one of today’s trending assets. It trades at $0.044 at press time, noting a 23% price surge over the past day.

On the daily chart, KOMA’s Aroon Up Line is 100%, indicating that its current uptrend is strong. The Aroon indicator measures the strength of an asset’s price movements. 

When the Up Line is 100% or near it, it indicates that the asset has recently hit a new high and that bullish momentum is strong. This confirms KOMA’s uptrend, with its buyers firmly in control.

If demand strengthens, KOMA could extend its gains and climb to $0.051.

KOMA Price Analysis. Source: TradingView

However, if profit-taking commences, the meme coin’s price could drop to $0.035.

Epic Chain (EPIC)

Layer-2 token EPIC is another altcoin trending today. It has bucked the broader market rally to record a 6% drop over the past 24 hours. 

During that period, its trading volume is also down 18%, reflecting the low activity around the altcoin. 

On the one-day chart, EPIC’s Relative Strength Index (RSI) rests below the 50-neutral line at 39.92. This momentum indicator measures an asset’s overbought and oversold market conditions.

It ranges between 0 and 100, with values above 70 indicating that the asset is overbought and due for a decline. Conversely, values below 30 suggest that the asset is oversold and could witness a rebound.

At 39.92, EPIC’s RSI signals that selling pressure outweighs buying activity, and there is room for further price declines before the L2 token becomes oversold and primed for a rebound. In this case, EPIC’s price risks falling to $1.09.

EPIC Price Analysis. Source: TradingView

On the other hand, a bullish reversal could drive EPIC’s price up to $1.71.

Kekius Maximus (KEKIUS)

KEKIUS is up 91% in the past 24 hours, putting it on traders’ radar. During Thursday’s early Asian session, the token rose to a two-month high of $0.037. 

Although it has since witnessed a slight pullback to trade at $0.028 at press time, bullish pressure remains significant. Its positive Balance of Power (BoP) reflects the strong buying pressure. As of this writing, BoP stands at 0.58. 

The indicator measures the strength of buying versus selling pressure in the market. When BoP climbs, it signals increasing bullish control, suggesting that buyers are gaining dominance and the asset may continue its upward trend.

If this trend persists, KEKIUS could rally to $0.083.

KEKIUS Price Analysis. Source: Gecko Terminal

However, a downward reversal could cause the altcoin to fall to $0.008.