Altcoins Surge Anticipated in April: SUISUI, BNB, Arbitrum, and Aptos Poised for Liftoff

March marked significant highs for Bitcoin and altcoins, with SUISUI, BNB, Arbitrum (ARB), and Aptos (APT) poised for potential all-time highs in April. SUISUI has surged 20% in March, hovering near its previous peak, while BNB is 18% from its high, showing bullish momentum. ARB has experienced corrections but could reverse with a 40% increase to its all-time high. APT has risen from $9 to $18, approaching its previous high with a potential 12% remaining.

Altcoins Poised for Skyward Journey in April: SUISUI, BNB, Arbitrum, and Aptos

March witnessed a surge in the cryptocurrency market, with Bitcoin reaching unprecedented heights alongside many major altcoins. Despite the prevailing bullish sentiment, certain altcoins have yet to meet expectations. As we enter April, which marks the commencement of the second quarter of 2024, these underperforming altcoins are poised for a potential resurgence, with the potential to reach new all-time highs.

SUISUI: Nearing Its Previous Glory

Among the top 100 cryptocurrencies, SUISUI stands out as the altcoin closest to surpassing its prior all-time high. While an attempt was made last month, it fell short but has since experienced a remarkable 20% spike over the last 30 days. This surge has brought the coin within striking distance of its previous peak of $2.10, set in May 2023, and is currently trading around $28 as of March 28th.

Technical analysis reveals bullish momentum through the Relative Strength Index (RSI), a momentum oscillator that measures the velocity and magnitude of price changes. This suggests that the digital asset is not yet overbought and could potentially exceed $2.10 in early April.

BNB: Rallying towards its Zenith

BNB, Binance's native token, is currently trending upwards in the short term, approaching its all-time high of $691. To achieve this milestone, BNB would need to surge by approximately 18%, assuming it closes above $60, as it stands at $586 at the time of writing.

While both Moving Average Convergence Divergence (MACD) and RSI are indicating a slight dip, they do not point to a bearish trend. Maintaining a position above the 50-day exponential moving average (EMA) could facilitate BNB's recovery, which is anticipated to materialize in April.

Arbitrum (ARB): Ready to Rebound

Unlike the other altcoins mentioned, Arbitrum reached its all-time high earlier this year in January 2024. However, significant corrections since then have caused its price to decline to $1.69 as of March 28th. The all-time high is now just over 40% above the token's current price, requiring ARB to reverse the 50- and 100-day EMAs to reach $2. This crucial support level is pivotal for a rally towards $2.40.

MACD is signaling an imminent bullish crossover, indicating that a resumption of bullish momentum is on the horizon.

Aptos (APT): Bullish Sentiment Gathers Steam

Aptos has experienced a remarkable surge, rising from a low of $9 to $18 at the time of writing. This bullish momentum is expected to extend into the second quarter, with APT positioned just over 12% from reaching its previous all-time high of $20.40, set in January 2023.

The MACD index, a trend-following momentum indicator, reinforces these bullish sentiments, continuing its bullish crossover, which is anticipated to propel APT further.

Conclusion: A Promising April Ahead

As we embark on April, the cryptocurrency market presents compelling opportunities for investors. SUISUI, BNB, Arbitrum, and Aptos have exhibited strong potential to surpass their previous all-time highs, supported by favorable technical analysis and bullish momentum. While market conditions can always fluctuate, these altcoins appear well-positioned to deliver significant returns for those willing to seize the moment.