4 Cryptos Poised for Potential All-Time Highs in April
The crypto market continues to see exciting developments, with several altcoins positioned for strong gains in April. Here's a look at four contenders that could reach new record highs:
Sui (Sui): This top 100 cryptocurrency has been on a tear lately, surging 21% in the past two days. While it fell short of its previous all-time high of $2.10 in May 2023, technical indicators suggest it has room to grow. Analysts point to a healthy Relative Strength Index (RSI), indicating Sui isn't overbought and could surpass its prior peak in April.
Aptos (APT): Another promising altcoin, Aptos has nearly doubled in value since February, reaching $18.60. This puts it just a stone's throw away from its all-time high of $20.40 set in January 2023. The Moving Average Convergence Divergence (MACD) indicator suggests a bullish trend, potentially propelling Aptos even higher in the coming months.
Binance Coin (BNB): The native token of the popular Binance exchange, BNB, is steadily climbing towards its all-time high of $691. While there have been recent dips in the MACD and RSI, as long as BNB stays above the key 50-day Exponential Moving Average (EMA), a recovery is anticipated in April.
Arbitrum (ARB): Though it experienced a correction since its January 2024 peak, Arbitrum's MACD hints at a bullish crossover on the horizon. This signals a potential reignition of the uptrend. If Arbitrum can surpass the 50 and 100-day EMAs, it has the potential to rally towards $2.40.
Important to Note: This information is for informational purposes only and should not be considered financial advice. The crypto market is inherently volatile, and any investment carries risk. It's crucial to conduct your own research before making any investment decisions.
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