Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesBotsEarnCopy
3 Altcoins to Watch in the Second Week of April 2025

3 Altcoins to Watch in the Second Week of April 2025

BeInCryptoBeInCrypto2025/04/07 09:30
By:Aaryamann Shrivastava

Despite a bearish start, three altcoins are positioned for potential recovery, with key support levels and upcoming developments driving investor interest.

While the crypto market started the week on a bearish note, upcoming developments may signal a potential turnaround. Several altcoins have key external factors supporting their price movement, offering investors opportunities for growth.

BeInCrypto has analyzed three altcoins to watch this week, exploring their potential price direction.

Movement (MOVE)

MOVE price experienced a significant 44% correction over the past two weeks, currently trading at $0.305. This decline was notably steep in the last 24 hours, as MOVE formed a new all-time low (ATL) at $0.286, losing 23%. This downturn has left investors concerned about further price drops.

Movement is facing a token unlock on April 9, with 50 million MOVE worth over $15 million entering circulation. The influx of new tokens could increase supply, reducing demand, which may exacerbate the ongoing bearish trend. This could potentially drive the price even lower, continuing the downtrend.

3 Altcoins to Watch in the Second Week of April 2025 image 0MOVE Price Analysis. Source:  TradingView

Given these conditions, MOVE price may test the $0.286 level again, with the possibility of either holding as support or falling through, forming a new ATL. If the market reaction is positive, however, MOVE could reclaim $0.374 and invalidate the bearish outlook, triggering a recovery.

EOS (EOS)

EOS has emerged as one of the best-performing tokens this week, recovering 57% towards the end of March. This positive momentum is a sign that the altcoin is nearing the end of its bearish streak.

Despite the recent gains, EOS faced a 15% pullback last week, currently trading at $0.72. It is holding steady above the $0.68 support, aiming to breach $0.76. This movement aligns with the potential formation of a Golden Cross, with the 50-day EMA nearing a crossover with the 200-day EMA.

3 Altcoins to Watch in the Second Week of April 2025 image 1EOS Price Analysis. Source:  TradingView

If EOS fails to maintain the support at $0.68, it may drop to the next support level at $0.61. Losing this level would invalidate the bullish outlook and erase recent gains, signaling further challenges ahead for the altcoin.

Helium (HNT)

Helium’s price fell through the $2.30 support earlier in the day, dropping nearly 20% before recovering slightly. Currently trading at $2.39, the altcoin is showing some resilience. However, the broader bearish cues still pose a threat to HNT’s price, leaving traders uncertain of its immediate direction.

Helium is expected to roll out significant updates this week, including HIP-103. These updates are likely to boost investor confidence, potentially driving HNT prices higher. If the market reacts positively to these developments, HNT could see renewed momentum, with the potential for a price increase in the coming days.

3 Altcoins to Watch in the Second Week of April 2025 image 2HNT Price Analysis. Source:  TradingView

If the market response is favorable, HNT price may rise toward $2.75, recovering most of the 20% loss from the past 24 hours. However, if Helium fails to hold $2.30, the altcoin risks further decline, possibly falling to $2.00, which would invalidate the bullish outlook.

1

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

Trump Exempts Tech Devices from New Tariffs

Trump exempts smartphones, computers, and chips from new tariffs, easing pressure on the tech and crypto industries.Major Tech Relief as Trump Exempts Devices from TariffsCrypto Sector Also Stands to BenefitPolicy Shift Aims to Stabilize Markets

Coinomedia2025/04/13 05:44
Trump Exempts Tech Devices from New Tariffs

Can You Still Mine Bitcoin at Home in 2025?

Discover four practical ways to mine Bitcoin at home in 2025, from USB miners to compact ASIC rigs.USB Bitcoin Miners: For Hobbyists and LearnersHome-Friendly ASICs: Efficiency in a Small PackageHosted Mining at Home: Remote Hardware, Local ControlRenewable-Powered Rigs: Go Green, Save CostsFinal Verdict: Feasible, But Strategic

Coinomedia2025/04/13 05:44
Can You Still Mine Bitcoin at Home in 2025?

Shaq Settles $11M NFT Suit, BTC Eyes $100K by June

Shaquille O’Neal settles $11M NFT lawsuit, while Bitcoin eyes a $100K rally by June. Here’s your weekly crypto recap.Shaq to Pay $11M in Astral NFT Lawsuit SettlementBitcoin Eyes $100K by June, Says Analyst ConsensusMarket Roundup: Bullish Across the Board

Coinomedia2025/04/13 05:44
Shaq Settles $11M NFT Suit, BTC Eyes $100K by June