March was a special month for the cryptocurrency market as investors saw the Bitcoin price reach a new ATH as well as the rise of many major altcoins.
However, despite the bullish trend, some altcoins have not yet been able to break their previous ATH levels. These altcoins will likely reach new highs next April, when Q2 2024 begins. Next, blogcrypto.vn will introduce to you the top 4 cryptocurrencies that reached new ATH levels in April.
SUI will be the first to break the record
Sui is an altcoin that is in the top 100 list of cryptocurrencies and is close to reaching a new ATH. This altcoin made an attempt last month but has yet to succeed.
SUI has now seen 21% growth in the past 48 hours. This recovery has brought it closer to its previous peak of $2.1, seen in May 2023.
SUI/USDT chart â 1 day
The relative strength index (RSI), a momentum oscillator that measures the speed and variability of price movements, is also in bullish territory. This suggests that the digital asset is not yet in overbought territory and could surpass the $2.1 threshold by early April.
Aptos (APT) price momentum continues
Aptos price has doubled in value from a low of $9 as the market sees the altcoin changing hands around $18.60 at the moment. This upward momentum will only continue as we enter Q2, as APT is less than 12.5% ââaway from breaking its previous ATH of $20.4, set since January 2023. .
APT/USDT chart â 1 day
The MACD indicator, which tracks momentum used to identify bullish and bearish trends, is also signaling growth. The indicator is continuing its bullish crossover and this will push APT higher.
BNB establishes recovery momentum
BNB is currently in a short-term uptrend, inching closer to its ATH around $691. Binance's native token is currently around 18.14% away from this price level, which would require BNB to first close above the $$ mark. 600.
BNB/USDT chart â 1 day
Although MACD and RSI are both slightly bearish right now, they do not highlight a bearish trend. As long as BNB remains above the 50-day EMA, it will still have a chance to recover, possibly into April.
Arbitrum (ARB) needs more momentum
Unlike other altcoins on this list, Arbitrum's price recorded an ATH in January 2024. However, the cryptocurrency has recorded a sharp correction since then, sending the price down to $1.69.
ARB/USDT chart â 1 day
The ATH level is currently 42% away from the token and ARB will need to flip the 50 and 100-day EMA to reach $2. This support level will provide the necessary push towards the previous ATH at $2.4.
MACD is about to have a bullish crossover, indicating that upward momentum will soon reappear.
