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Cryptocurrency News Articles

Top 3 Altcoin Gainers of the Second Week of April 2025

Apr 12, 2025 at 04:03 pm

The second week of April 2025 started on a rough note, with many crypto prices falling. However, Donald Trump's decision to pause the tariffs

Top 3 Altcoin Gainers of the Second Week of April 2025

The second week of April 2025 started on a rough note for crypto traders as many digital assets continued to decline in value. However, Donald Trump’s decision to pause the tariffs on several countries brought a bit of calm to the market.

As a result, several altcoins bounced. Although some of the assets have erased those gains, others have not.

In this analysis, CCN reveals the top 3 altcoin gainers of the second week of April 2025. Here, we will disclose why the price rallied and how they might perform in the short term.

FARTCOIN

Top of the altcoin gainers list is FARTCOIN, the token that has shown massive strength on several occasions despite the broader market downturn. FARTCOIN’s price has increased by over 100% in the last seven days amid rising demand for the memecoin.

On the daily chart, FARTCOIN’s price has broken out of the falling wedge between Feb. 1 and March 12. The price also increased due to the rise in the On Balance Volume (OBV) reading.

The increase in the OBV reading indicates rising buying pressure. The Relative Strength Index (RSI) rating continues to climb, indicating bullish momentum.

If this continues, FARTCOIN’s price might rise to $1, near the 0.618 golden pocket ratio. The cryptocurrency’s market value could rise to $1.72 in a highly bullish case.

However, if FARTCOIN gets overbought, this trend might change. In that scenario, FARTCOIN might drop toward the $0.42 support.

Hyperliquid (HYPE)

HYPE’s price is also one of the top altcoin gainers of the week. After experiencing a notable correction, it climbed by 30% and briefly touched $15.

According to the daily chart, the breakout happened following a rise in buying pressure. The Chaikin Money Flow (CMF) has climbed above the zero signal line since Wednesday, validating the upswing.

As a result, the HYPE token broke above the descending trendline on the daily chart. If sustained, HYPE’s price might see a rally toward $22.97.

However, if bears outpace bullish dominance, this trend might change. In that scenario, the cryptocurrency’s value could sink to $9.71 at the 0.786 Fibonacci retracement level.

Curve (CRV)

DeFi token CRV is also one of the top altcoin gainers of the week. According to CoinGecko, CRV’s price has increased by 20% in the last seven days.

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For weeks, CRV’s price has traded below the 20-day Exponential Moving Average (EMA), a key support. However, on Wednesday, the altcoin’s market value rose above the 20 EMA, invalidating the bearish outlook.

In line with this movement, the Money Flow Index (MFI) also rose above the midpoint, indicating rising buying pressure. At press time, CRV trades around $0.61.

By the look of things, the altcoin might climb to $0.67 if buying pressure remains dominant. Intense pressure from bulls might also drive the token’s value toward $0.80.

However, if buying pressure fades, CRV might struggle to test the resistance at $0.61. Instead, the token’s value might drop to $0.49.

Disclaimer:info@kdj.com

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Other articles published on Apr 19, 2025