4 Cryptos That Could Hit New All-Time Highs in April

March was an exceptional month for the crypto market as investors witnessed Bitcoin prices hitting all-time highs as well as the rise of multiple major altcoins. However, despite the bullishness, some altcoins missed the mark.

These altcoins will likely print new all-time highs in the coming month of April, when the second quarter of 2024 begins.

$SUI Will Be the First to Shatter the Record

Sui is the altcoin in the top 100 cryptocurrencies list that is the closest to printing a new all-time high. The altcoin made an attempt last month but failed only to witness a 21% rise in the past 48 hours. This rally has brought it closer to the previous high of $2.10, witnessed back in May 2023.

$SUI/$USDT 1-day chart. Source: TradingView

The Relative Strength Index (RSI), a momentum oscillator measuring the speed and change of price movements, is also in the bullish zone. This suggests that the digital asset is not yet overbought and could cross $2.10 by the beginning of April.

Aptos ($APT) Bull Run Continues

Aptos price rose from the low of $9 to nearly double in value as the altcoin can be seen changing hands at $18.6 at the moment. This rally will only continue as we move into Q2, given $APT is less than 12.5% away from breaching the previous all-time high of $20.40 from January 2023.

$APT/$USDT 1-day chart. Source: TradingView

The Moving Average Convergence Divergence (MACD), a trend-following momentum indicator that is used to identify bullish and bearish trends, is also signaling growth. The indicator is continuing the bullish crossover uptrend, which will drive $APT higher.

$BNB Price Set to Initiate a Recovery

$BNB is currently on a short-term incline, inching closer to the $691 ATH. The Binance native token is about 18.14% away from the price point, which would require $BNB to close above the $600 mark first.

$BNB/$USDT 1-day chart. Source: TradingView

Although MACD and RSI are both noting a downtick right now, they aren’t highlighting bearish trends. As long as $BNB stays above the 50-day Exponential Moving Average (EMA), the coin will have a shot at recovery, which will likely take place in April.

Arbitrum ($ARB) Will Need a Push

Unlike other altcoins in this list, Arbitrum’s price noted its all-time high earlier this year back in January 2024. The cryptocurrency, however, noted significant correction since then, bringing the price down to $1.69.

$ARB/$USDT 1-day chart. Source: TradingView

The all-time high is now 42% away from the token, and $ARB would need to flip the 50 and 100-day EMA in order to make it to $2. This support level will provide the boost necessary to rally on towards $2.40.

MACD indicates that a bullish crossover is imminent, suggesting that the uptrend momentum will reignite soon.