As we enter a new week, the Bitcoin and cryptocurrency markets are buzzing with excitement around the upcoming halving event, scheduled for April 20th. Last week saw Bitcoin dip below $65,000 before rebounding strongly to surpass $70,000 at the time of writing.
This week promises significant economic developments and altcoin events that could impact Bitcoin and other cryptocurrencies. Below, we analyze the top 5 cryptocurrencies poised for explosive growth this April.
Key Crypto Events in April 2024
April 8
- COMBO: Web3 Game House 2024 event
- PIXELS: Major update expected (possible delays)
- APT: Aptos-exclusive activity begins (05:00–08:00 UTC) with developer announcements
- SAGA: Binance Launchpool listing
April 10
- STRK: "Influence" game presale begins
April 11
- APRS: Bybit Launchpool concludes
- ORDI: Coinbase futures listing
- ECB Rate Decision (expected unchanged)
April 12
- APT: $400M token unlock event
- CYBER: Quicknote testnet launch
Technical Market Overview
Bitcoin currently shows an upward continuation pattern, recently testing support at $70,300 before retreating to a $68,800–$70,300 consolidation range. Key observations:
- Short-term traders should take profits quickly in this volatile market
- Watch $68,000–$69,000 support levels closely
- Momentum indicators show shrinking bearish volume with bullish breakout imminent
- A confirmed break above $70,500 could retest all-time highs
👉 Track real-time BTC price movements
Top 5 High-Potential Cryptocurrencies for April
1. MANTRA (OM)
Cosmos-Based Compliance-Focused Blockchain
- Recently broke through $0.744 resistance
- Testing $0.833 with 34% upside potential to $1.00
- Strong daily volume confirms bullish trend
2. JTO (Jito Network)
Solana's Leading Liquid Staking Provider
- Rebounds consistently from $3.60 support
- MEV software suite creates additional value
- Positioned for new all-time highs
3. PEPE
Meme Coin Showing Strong Recovery Signs
- Current price: $0.0000074 (30% below ATH)
- $521M daily trading volume
- March-like rally could propel it past competitors
👉 Discover emerging meme coins
4. JasmyCoin (JASMY)
IoT-Focused Token Gaining Momentum
- Current price: $0.020362 (+6.89% daily)
- 277% annual growth outperforming 76% of top 100 coins
- Trading 332% above 200-day MA
5. Dogecoin (DOGE)
Original Meme Coin Breaking Out
- Price: $0.20819 (+5.72% daily)
- 27.84% monthly gain
- $3.41B daily volume supporting upward momentum
FAQ: April Crypto Investing
Q: Is April a good time to buy crypto before the Bitcoin halving?
A: Historically, pre-halving periods see increased volatility but often precede bull runs. Dollar-cost averaging reduces timing risk.
Q: Which sector has the most potential in April?
A: Layer 2 solutions, AI tokens, and meme coins with strong communities are showing particular strength.
Q: How much should I allocate to high-risk altcoins?
A: Experts recommend limiting speculative altcoin investments to 5–10% of your total crypto portfolio.
Q: What's the safest way to invest $1,000 in crypto this April?
A: Consider 50% BTC, 30% ETH, and 20% spread across 3–5 promising altcoins from the list above.
Q: When should I take profits?
A: Set clear targets (e.g., 2x, 5x) and consider selling portions at each milestone to lock in gains.
Strategic Investment Approach
- Diversify across different crypto sectors (DeFi, L1s, memes)
- Monitor key support/resistance levels mentioned above
- Stagger entries to average purchase prices
- Set stop-losses at 15–20% below entry points
- Stay informed about macro events affecting crypto markets
Remember: 👉 Always conduct your own research before investing in volatile assets. The cryptocurrencies mentioned show strong technical and fundamental indicators, but all investments carry risk.