Top 3 Crypto Assets Worth Monitoring in Last Week of April 2025
In the final stretch of April, several altcoins are witnessing a surge, propelled by Bitcoin's rise to $95,000. And as May looms, these three altcoins are catching the eye of investors.
Here's a breakdown of three altcoins BeInCrypto recommends keeping an eye on as we near the end of the month: BNB, Kaspa, and AAVE. These cryptos are experiencing growth due to a variety of factors and are potentially on the brink of significant developments.
BNB (Binance Coin)
BNB is currently trending upwards, with optimistic predictions for further gains this week. The catalyst for this upward trajectory can be traced back to the anticipated Lorentz hard fork, scheduled for April 30. This update is designed to speed up block times, potentially boosting efficiency and leading to a price increase for the altcoin.
Having broken free from a 2.5-month downtrend, BNB can now be found trading at $606. The crypto aims to break the $618 resistance and, if successful, could capitalize on bullish momentum from the Lorentz upgrade, with a potential rise to $647.
However, if the $618 barrier remains unconquered, a decline could follow, potentially pushing the price below $600. In this scenario, BNB may find support at $576, which could signal a change in direction. Monitoring the $618 level is crucial for evaluating BNB's direction going forward.
Kaspa (KAS)
KAS has surged 27% over the past week, erasing bearish signals from the Ichimoku Cloud. Currently trading at $0.099, the crypto is poised to assault the critical $0.103 resistance. If this bullish swing continues, KAS could potentially breach the resistance and trigger a new uptrend.
The upcoming Crescendo upgrade is poised to drive even more positive momentum for KAS. With the mainnet activation scheduled to increase transaction capacity tenfold, a shift from 1 BPS to 10 BPS, this event could be the key to soaring prices and attracting more investor attention.
If the Crescendo upgrade achieves its goals, KAS might rise to $0.112 and even $0.120. However, if KAS falters at the $0.103 barricade, the crypto could experience a downturn. A slide below $0.092 could send the price tumbling to $0.083, compromising the current bullish outlook.
Aave (AAVE)
AAVE is another altcoin to watch as we leave April, as it has witnessed a mighty 22% surge this week. Despite the impressive gains, AAVE hasn't reached its peak yet. The market's vigorous interest supports the notion that AAVE still has the potential for more upward momentum.
The Relative Strength Index (RSI) indicates that AAVE is currently in the bullish zone but remains far from the overbought level of 70.0. This provides plenty of room for the price to keep rising, potentially surpassing $180 and reaching $198.
If the bullish energy wanes, AAVE could see a plunge below the $167 support level. In such a case, the price may plummet to $153, and if this support level is breached, AAVE could drop to $126. This shift would invalidate the current bullish perspective, signaling a possible change in trend.
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- Binance Coin (BNB) is currently trending upwards, with optimistic predictions for further gains this week, tracing back to the anticipated Lorentz hard fork on April 30.
- BNB has broken free from a 2.5-month downtrend, and currently trades at $606, aiming to break the $618 resistance.
- If successful, BNB could capitalize on the bullish momentum from the Lorentz upgrade, potentially rising to $647, but a decline may follow if the $618 barrier remains unconquered.
- Kaspa (KAS) has surged 27% over the past week, erasing bearish signals from the Ichimoku Cloud, currently trading at $0.099, poised to assault the critical $0.103 resistance.
- The upcoming Crescendo upgrade is poised to drive even more positive momentum for KAS, with the potential for soaring prices and attracting more investor attention.
- Aave (AAVE) has witnessed a mighty 22% surge this week, with the market's vigorous interest supporting the notion that AAVE still has the potential for more upward momentum.
- The Relative Strength Index (RSI) indicates that AAVE is currently in the bullish zone but remains far from the overbought level of 70.0, providing plenty of room for the price to keep rising.
- As May approaches and altcoins continue to surge, it's worth considering trading with Uphold, which offers early access to new tokens, one-step trading, and support for multiple assets, including crypto, stocks, and precious metals.
