3 Cryptocurrencies to Watch in April: Potential Upside of up to 100%
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Introduction:
The crypto market is heating up again and April has shown promising movements in various altcoins. In this post, I will highlight 3 projects with high appreciation potential, based on technical analysis, fundamentals, and market momentum. Stay until the end for a bonus tip and quick technical analysis!
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1. Chainlink (LINK)
• Current price: $25.50
• Short-term target: $35 – $50
• Why it might rise:
• Partnerships with major names like SWIFT
• Provides real-time data for smart contracts (Oracles)
• Chart shows a bullish flag formation on the 4H
Quick technical analysis:
• Support: $23
• Resistance: $29.50
• RSI: in neutral zone, sign of accumulating strength
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2. Avalanche (AVAX)
• Current price: $19.15
• Short to medium-term target: $40 – $60
• Reasons to watch:
• Partnerships with Shopify, Amazon Web Services
• High scalability
• Increasing volume in DEXs and DeFi
Entry setup:
• Ideal entry: between $18.50 and $19.80
• Target: $30, then $45
• Stop: $17.10
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3. Dogecoin (DOGE)
• Current price: $0.15
• Short-term narrative: possible integration with X/Twitter
• Target: $0.23 – $0.30
• Motivation: Elon Musk tweeting about crypto again + memecoin hype
• RSI shows bullish divergence on the daily chart
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Bonus tip
Keep an eye on the unlocking of the $TRUMP token today — it could generate pump & dump, so there are opportunities for quick scalps! But be cautious with liquidity and selling pressure.
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Conclusion
These assets are showing good movement and fundamentals. Always remember to use stops, manage your own risk, and analyze multiple sources before entering any position.
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