2 altcoins to buy for the end of April
The post 2 altcoins to buy for the end of April appeared on BitcoinEthereumNews.com.
The 2025 market hasn’t been kind to most cryptocurrencies, as some of the biggest digital assets have suffered significant year-to-date (YTD) losses or, at best, traded mostly sideways. The most recent trading, however, provided a positive break from the prevailing trends, as cryptocurrencies proved relatively unfazed by the latest set of stock market shocks, and a handful of altcoins enjoyed strong rallies. Top April altcoin: Solana (SOL) After suffering a dizzying fall between late January and early April, which took it from approximately $250 to just above $105, Solana (SOL) has regained positive momentum. At press time, it is 11.71% up in the weekly chart and is changing hands at $133.67. SOL one-week price chart. Source: Finbold Simultaneously, SOL enjoyed the biggest one-week market capitalization gains among the major digital assets, as the token’s total valuation rose from $61.5 billion to $68.6 billion. Elsewhere, technical analysis (TA) indicates that Solana remains a worthy buy for the end of April as the cryptocurrency’s relative strength index (RSI) offers a neutral reading of 56.99. Such a setup suggests that the token is unlikely to fall below its nearest support level at $131.12. A breach of the $137.11 resistance could, however, accelerate the upswing. Top April altcoin: Raydium (RAY) Raydium (RAY) is another strong altcoin candidate to buy at the end of April, as it has recently surpassed Fartcoin (FARTCOIN) as the top performer among the 100 largest cryptocurrencies. Indeed, RAY’s one-week 22.66% rally to $2.14 is nothing short of staggering under the macroeconomic circumstances that have sent investors deep into ‘fear’ territory. RAY one-week price chart. Source: Finbold Furthermore, with an RSI of 60.33, Raydium has not yet strayed into ‘overbought’ territory, despite the strong upswing. Still, its next support zone at $2.05 is a critical level for investors to watch, as…
Filed under: News - @ April 18, 2025 3:24 pm