The post Bitcoin Cash Price Breaks $560 Mark! BCH Price To Jump 15% Soon? appeared first on Coinpedia Fintech News The BCH price has reclaimed the $500 mark with a jump of over 10% within the past 24 hours. Further, the market continues to trade under a strong bullish influence, indicating a positive uptrend for this Bitcoin Cash price during the upcoming weeks. After displaying a neutral trend for a short period, the BCH price jumped 64.02% within the next two days, after which the price faced rejection at the resistance level of $508. Following this, the altcoins traded in a closed range for a while, during which the market hinted at a bearish sentiment. TradingView: BCH/USDT As the volatility in the market grew, the bulls broke down the support level, where the price traded in a closed range between $402 and $450 for twelve days, following which the bulls lost momentum and displayed a negative price action. However, the bulls held the price above the support level of $357, resulting in the bulls regaining momentum. Since then, the price has been trading positively and has recorded a jump of 58.54% in valuation. The technical indicator, MACD, displays a constant green histogram, highlighting a bullish influence in the crypto industry. Further, the averages show a rising pattern, suggesting the price will continue gaining value this week. Will BCH Price Go Up? If the market pushes the Bitcoin Cash price above the resistance level of $566, the bulls will continue to gain momentum and test its upper level of $600 this week. Furthermore, if the price continues to trade under a bullish influence, it will attempt to test its upper resistance level of $650 in the coming time. Negatively, if the bears overpowered the bulls, the BCH price would lose momentum and fall to test its support level of $508. Moreover, if the bulls fail to regain momentum, the price will further plunge and prepare to test its lower support level of $450 during the upcoming month.
The post Top Altcoins Poised To Hit All-time High in April appeared first on Coinpedia Fintech News 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. 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. 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. 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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