Top 3 Altcoins To Keep An Eye For This April 2025?
The crypto market has concluded another week on a bearish note, highlighting an increase in the bearish sentiment. Top tokens such as Bitcoin, Ethereum, XRP, & Solana are constantly failing to maintain their value above their crucial support levels, resulting in a crypto-wide correction.
However, the altcoin market has been making waves over the past few weeks. While the blue-chip tokens stumble, the mid-cap and low-cap altcoins steal the market spotlight with their impressive price action. This has now resulted in a shift in investor’s interest in finding more such projects.
Are you one of many who are wondering about the shortcomings of the cryptocurrency market? In this write-up, we will uncover the top altcoins that have the potential to defy the market odds and outperform the top tokens during the upcoming week and possibly the upcoming month.
Vine Coin ($VINE)
With a trading volume more than 8 times its market cap, the Vine token has jumped over 36% in 24 hours. Notably, this altcoin has a market cap of $32.54 million with a trading volume of $280.79 million. Moreover, with its listing on prominent exchanges such as OKX, Raydium, MEXC, Gate.io, Kraken, and Crypto.com, this altcoin could gain significant attention in the upcoming time.
As per the RSI technical indicator, the VINE coin price has displayed a strong bullish convergence in the daily time frame. Moreover, with its EMA 50/200-day experiencing a similar price trend, the price of VINE token may continue gaining value in the upcoming time.
If the bullish sentiment sustains, the VINE coin price may surpass its resistance level of $0.040 and head toward its high of $0.052. Conversely, a bearish pullback could result in it plunging toward its lower support level of $0.025 in April.
Solayer ($LAYER)
Built on the Solana blockchain, the Solayer project is reportedly the first hardware-accelerated blockchain that has a primary function to transform blockchain components onto programmable chips. This unique project instantly gained attention from the market, resulting in it soaring over 138% in under 30 days. With a market cap of just over $300 million, this project is considered to be highly undervalued.
The Moving Average Convergence Divergence (MACD) indicator has displayed a significant rise in the 1D time frame. Moreover, the SMA indicator constantly supports the Solayer price chart. This suggests a sustained bullish action for the altcoin in the cryptocurrency space.
If the bullish momentum sustains, the Layer coin price could potentially achieve a new ATH in the upcoming week. On the other hand, an increase in the liquidation could pull the price of Solayer toward its lower support level of $1.20.
Hamster Kombat ($HMSTR)
With a jump of 8.23% in 24 hours, the HMSTR price is back above the $0.0020 mark. Notably, this meme coin has a market cap of $140.92 million and with an intraday trading volume of $36.45 million, it is currently exchanging hands at $0.002189.
The Simple Moving Average (SMA) constantly supports the Hamster memecoin price chart. Moreover, multiple technical indicators potentially hint at a higher price target. This indicates that the meme coin could continue gaining momentum during the first week of April.
Suppose, the market favors the crypto bulls for the next week, this could result in the Hamster Kombat memecoin achieving a new multi-month high. Conversely, a bearish setback could pull the price of this memecoin toward its lower support zone of $0.00150.
Conclusion:
With the completion of Quarter 1 (Q1) of 2025, the crypto market has sustained a loss over over 10%. Notably, marketers speculate a potential bullish turn around in the upcoming time as the volatility in the market is on a constant rise. However, considering the present market trend, the possibility of a bullish outcome is relatively low.
Also Read: Is it time to buy XRP? What you should know before investing?
Important Note: This article was curated for research purposes only based on the market trends. The Crypto Times does not endorse or promote any of these projects on a personal or professional level. Make sure to Do Your Own Research “DYOR” before investing in any of the above-mentioned digital asset(s).