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3 Altcoins to Consider Selling Before the End of April As the crypto market experiences some slight recoveries, traders are considering shifting their altcoin holdings. Notable altcoins like Solana (SOL), Cardano (ADA), and Toncoin (TON) could face potential corrections in the coming days. Here's a closer look at each: - Solana (SOL):Currently trading at $143, its weekly performance is in the red zone, suggesting potential further losses. - Cardano (ADA): ADA's daily trading volume has seen a significant drop, with recent market liquidations impacting its value. - Toncoin (TON): Leading top altcoin weekly losses at nearly 24%, the asset's price remains volatile and could continue to decline.

3 Altcoins to Consider Selling Before the End of April

As the crypto market experiences some slight recoveries, traders are considering shifting their altcoin holdings. Notable altcoins like Solana (SOL), Cardano (ADA), and Toncoin (TON) could face potential corrections in the coming days. Here's a closer look at each:

- Solana (SOL):Currently trading at $143, its weekly performance is in the red zone, suggesting potential further losses.

- Cardano (ADA): ADA's daily trading volume has seen a significant drop, with recent market liquidations impacting its value.

- Toncoin (TON): Leading top altcoin weekly losses at nearly 24%, the asset's price remains volatile and could continue to decline.

Disclaimer: Includes third-party opinions. No financial advice. See T&Cs.
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Will Altcoin Season Start in May 2024? Top 3 Cryptos to Watch" from The Motley Fool: Will Altcoin Season Start in May 2024? Bitcoin dominance has been rising again, currently sitting close to 55% after a recent decline from 56.3%. Typically, an altcoin season starts when 75% of the top 50 coins outperform Bitcoin over the last 90 days. At the moment, only 35% of the top 50 coins are performing better than Bitcoin, indicating a low probability of an altcoin season in May. 1. Ethereum (ETH) Ethereum's price, trading around $3,063, has been stuck in a falling wedge since March. A breakout could occur after bouncing off the $2,991 support level. A falling wedge is a bullish chart pattern that suggests a potential reversal from a downtrend. If Ethereum breaks out, it could reach a target of $3,695. However, a failure to maintain support at $2,991 could invalidate this bullish outlook. 2. Helium (HNT) Helium's price recently recovered sharply from a low of $3.63. This recovery has invalidated a "death cross" (a bearish technical pattern) and could form a "golden cross" (a bullish pattern). If the price surpasses $6.33 resistance and flips it to support, Helium could rally by 26% to reclaim $7 and $8 as support levels. However, the initial death cross could still weigh down the altcoin's price. 3. Shiba Inu (SHIB) Shiba Inu's price has been moving within a descending channel. However, with the support of the 50 and 200-day EMAs, a bullish breakout could be imminent. If SHIB breaks above the upper trend line at $0.00002584, it could lead to a 29% increase for the meme coin, potentially reaching $0.00003332. To avoid losses, SHIB must maintain its support at $0.00002268.
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