Price Analysis

Top Altcoins Poised To Hit All-time High in April

Author: Sohrab Khawas
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Sohrab is a passionate cryptocurrency news writer with over five years of experience covering the industry. He keeps a keen interest in blockchain technology and its potential to revolutionize finance. Whether he's trading or writing, Sohrab always keeps his finger on the pulse of the crypto world, using his expertise to deliver informative and engaging articles that educate and inspire. When he's not analyzing the markets, Sohrab indulges in his hobbies of graphic design, minimal design or listening to his favorite hip-hop tunes.

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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. 

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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Sohrab Khawas

Sohrab is a passionate cryptocurrency news writer with over five years of experience covering the industry. He keeps a keen interest in blockchain technology and its potential to revolutionize finance. Whether he's trading or writing, Sohrab always keeps his finger on the pulse of the crypto world, using his expertise to deliver informative and engaging articles that educate and inspire. When he's not analyzing the markets, Sohrab indulges in his hobbies of graphic design, minimal design or listening to his favorite hip-hop tunes.

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