In April 2024, despite no major rally in the crypto market, a positive climate prevails as Bitcoin (BTC) reclaims the $69,000 level. Especially, some altcoins are showing impressive performances, achieving double-digit gains, and some of these altcoins could reach their all-time highs (ATH) in the coming weeks.
Kucoin (KCS) Suggests Rise
KCS saw a 52-week high of $16, tripling its value within the year. Following this peak, KCS, which experienced a decline due to a lawsuit in the US, is currently finding support at the $10.33 level. If the $10.95 resistance is surpassed, a continuation of the rise is expected. In a positive scenario, KCS is expected to reach $25.
Nervos Network (CKB) Leading
Approaching a billion-dollar market value, Nervos Network (CKB) has increased its value by 5.3 times since the beginning of the year. The upward trend of CKB is expected to continue, reaching $0.044 in April. For this prediction to come true, the demand for altcoins to continue and low inflation data is required.
Critical Levels for Akash Network (AKT)
AKT Coin is targeting $6.5 on the weekly chart. The price, currently at $4, must maintain the critical level of $3.86. After the expected jump from the low following a large selling, AKT Coin can reach levels of $6.5 and $9.82.
Useful Information
Bitcoin has regained the $69,000 level, and optimism prevails in the market.
Some altcoins show the potential to reach ATH levels, including KCS, CKB, and AKT.
A rise is expected if KCS surpasses $10.95, altcoin demand and low inflation data are critical for CKB, and the $3.86 level is an important support for AKT.
Taking this into account, investors and stakeholders can evaluate the potential rise opportunities in these altcoins and closely monitor developments.
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