TOP 3 altcoin to watch in the first week of April 2025

Entering the second quarter of 2025, the cryptocurrency market is facing high expectations for a shift from a downward trend to an upward trend. This is a crucial condition for altcoins to recover, especially in the context where many coins are still struggling to regain growth momentum. Nevertheless, some tokens still show potential for a breakout in the short term.

Bitcoin Magazine analyzed three notable altcoins in early April, clarifying the factors that could influence their price volatility.

THORChain (RUNE)

The current price of RUNE is trading at $1.117, oscillating just above the support level of $1.110. To recover, this altcoin needs to reclaim the $1.198 mark as support. Investor sentiment will play a key role in determining whether a recovery occurs, thus opening up price increase opportunities for THORChain (RUNE).

RUNE/USDT Daily Chart | Source: TradingViewThe upgrade 3.4.0 of THORChain is expected to be deployed this week, bringing significant improvements to the network. This event could boost market sentiment, helping RUNE regain the $1.198 level. If the upward trend continues, RUNE may target the $1.396 mark, partially offsetting recent losses and reinforcing the bullish trend.

However, if it loses the support level of $1,110, RUNE risks dropping to $1,021, approaching the critical level of $1. Failing to maintain this area could trigger a deeper downtrend, weakening the recovery outlook.

Artificial Superintelligence Alliance (FET)

The price of FET has dropped 20% in the past five days, hitting a low of $0.452 after losing the important support level at $0.458. Increased selling pressure has put the altcoin at significant risk, but the opportunity for recovery still exists as the network is set to receive important upgrades.

! top-3-altcoinDaily FET/USDT Chart | Source: TradingView The Artificial Superintelligence Alliance is expected to roll out a mainnet upgrade this week, bringing many new features to the ASI-1 Mini. This event could become a driving force for FET prices to bounce back up, heading towards key resistance levels at $0.524 and $0.572, thereby partially offsetting recent losses.

However, if the downtrend continues to dominate, FET risks falling to the $0.4 mark, undermining the recovery outlook and prolonging the weakening trend. To mitigate the risk of a deeper decline, this altcoin needs to maintain above key support levels.

Ethereum (ETH)

The price of Ethereum is currently approaching its lowest level in 17 months, at $1,745, after a 13.42% drop due to its inability to break through the resistance level of $2,141. Recent price movements indicate that the “king of altcoins” is struggling to regain growth momentum, amid a market lacking support for a rapid recovery.

Daily ETH/USDT Chart | Source: TradingViewDespite the weakening market sentiment, Ethereum still has a chance to recover as investors take advantage of the low prices to buy in. If ETH can regain the $1,862 level as support, a short-term recovery may occur, opening up the opportunity to bring the price back above $2,000. This would be a significant effort to reverse the recent downtrend.

However, if selling pressure continues to increase, Ethereum risks losing the $1,745 mark and falling to the next support area at $1,625. If this level is also broken, the bullish outlook will be invalidated, leading to the risk of further extending the downtrend and increasing losses.

You can check the coin price here.

Disclaimer: This article is for informational purposes only and is not investment advice. Investors should conduct thorough research before making any decisions. We are not responsible for your investment decisions.

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