Top Altcoins Poised To Hit All-time High in April
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Price Analysis
Top Altcoins Poised To Hit All-time High in April
Author: Sohrab Khawas
Mar 28, 2024 15:26
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Altcoin Explosion The Must-Buy Cryptos
With the Bitcoin price climbing back to test the $70,000 level, the altcoins are rising back up with additional momentum. As the overall market sentiment improves with the upcoming Bitcoin Halving this April, many altcoins are rising to a new all-time high.
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With a bullish week for Bitcoin and the altcoins finding a fresh breeze of relief, the bulls are ready to overtake the trend control. Further, amidst the rising anticipation of a potential bull run, these are the potential altcoins that can reach a new all-time high.
So, let’s take a closer look at these potential altcoins.
AI-Based Altcoin AGIX
With the buzz of top AI crypto coins going for a merger, the AGIX price is preparing for a bull run for a new all-time high. The AI coin showcases six consecutive bullish days, accounting for a 35% jump from the retest of $1.
In the 4H timeframe, the bullish reversal in the AGIX price showcases a rounding bottom, with a neckline at $1.40. Further, the bull run challenges the upper Bollinger band and surpasses the $1.35 mark.
Currently, the AGIX price sustains above the 50% trend-based Fibonacci level and teases a bullish trend continuation. Hence, as per the price action, the altcoin price could surge to $1.70 for a new all-time high.
Also Read: Mantle Price Surges 45%! MNT Price Poised To Hit $1.5 This Week?
Meme Token PEPE
With a market capitalization of $3.23 billion, PEPE ranks among the top meme coins. Amidst the ongoing recovery rally and escalating FOMO, PEPE appears poised to surge to new all-time highs. Despite a 28% retracement from its peak of $0.00001083, PEPE’s price has soared by 181% this month alone.
Despite sideways movement, PEPE reflects substantial underlying demand, hinting at a bullish breakout. This is exemplified by the formation of higher highs and robust support at the $0.0000850 level, mitigating downside risks.
Considering the upcycle tops in a breakout above $0.0000085, PEPE’s price could challenge the psychological barrier of $0.000010. Beyond that, the altcoin’s price could surge to $0.000015, representing nearly a 100% increase.
Akash Network (AKT)
With a newly formed all-time high, the AKT price is undergoing a pullback phase, bringing a dip to buy opportunity. As the sell-off challenges key support levels, the buyers are ready to reverse the trend polarity.
The AKT price downfalls to $5 for a bullish breakout retest and leads to a consolidation in the 4H timeframe. Further, as per the trend-based Fibonacci levels, the buyers are looking for a breakout rally.
Considering the buyers manage a reversal rally, the altcoin price could hit the 1.618 Fibonacci level at $8.94.
Also Check Out The: AI Token Rally: Fetch.ai (FET) Price Poised For Massive Spike Hitting $5
Conclusion For Altcoins
With a positive end for March, April is anticipated to have a greater momentum recovery for the crypto market. Further, as many anticipate a bull run in the AI and MEME tokens, these altcoins could hit a new ATH.
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