Analysts name 4 cryptocurrencies that will grow significantly in April

March turned out to be an important month for the cryptocurrency market: investors witnessed the price of bitcoin update its historical high for the first time on the eve of the halving. Cryptocurrency analysts have identified 4 altcoins that can follow the example of the main cryptocurrency and set new records.

Sui (SUI)
The native Sui blockchain token is the closest to updating its historical high. Over the past 48 hours, the price of the asset has risen by 21%, coming close to the previous peak of $ 2.10. The Relative Strength Index (RSI) is also in the bullish zone. This suggests that altcoin is not yet overbought and could set a new record in early April.

Aptos (APT)
The cryptocurrency is less than 12.5% away from reaching the previous all-time high of $ 20.40 set in January 2023. The Moving Average Convergence Divergence (MACD) is signaling an uptrend with a bullish crossover.

BNB
BNB is currently trading about 18% below its all-time high of $ 691. To set a new record, the asset’s price needs to close above $ 600. Although the MACD and RSI are currently showing declines, they do not indicate bearish trends. As long as BNB stays above the 50-day exponential moving average (EMA), the coin will have a chance to recover, which is likely to happen in April.

Arbitrum (ARB)
Unlike the other altcoins on this list, Arbitrum hit an all-time high in January 2024. However, since then, the asset’s price has corrected significantly, and it is still more than 40% away from its peak. To reach $ 2, ARB needs to gain a foothold above the 50- and 100-day EMAs. This level of support will provide the necessary impetus for further growth to $ 2.40.