Main Insights
March proved to be a volatile month for the cryptocurrency market. Bitcoin (BTC) fluctuated significantly, trading between $76,600 and $95,152, while altcoins experienced even greater volatility.
The Bitcoin Dominance Rate (BTCD) saw a modest increase from 60.81% to 61.72%, yet several altcoins managed to outshine Bitcoin. Notably, Four (FORM) and Cronos (CRO) stood out with impressive monthly gains of 114% and 41%, respectively.
In this analysis, we will explore three altcoins poised for significant growth in April, potentially surpassing Bitcoin.
AAVE Price Surpasses Resistance
Since December 2024, the price of AAVE has been trapped in a descending wedge. After enduring multiple rejections (denoted by red icons), it recorded a low of ₿0.0019 in March 2025.
Following this, AAVE began a gradual ascent, breaking free from the wedge on March 22. However, it is currently trading near the breakout level.
This upward trend is supported by technical indicators, as the Relative Strength Index (RSI) and Moving Average Convergence/Divergence (MACD) revealed bullish divergences prior to the breakout.
Hence, AAVE’s price may rally in April, potentially reaching Fibonacci and horizontal resistance levels around ₿0.0028.
SOL Forms Bullish Configuration
SOL is another altcoin that stands a good chance of outperforming Bitcoin. It recorded a remarkable 500% increase from June 2023 to March 2024, but has since retraced to a low of ₿0.0014 on March 11.
Throughout the month, SOL established a triple bottom pattern (indicated by green icons) and subsequently broke out from a four-month descending resistance trend line.
Much like AAVE, SOL’s upward movement is bolstered by bullish divergences (indicated by orange) in the RSI and MACD. If this momentum persists, SOL could encounter its next resistance around ₿0.0019.
AVAX Rounding Out April’s Altcoin Performance
The final altcoin on our list is AVAX. It has experienced a downward trend against BTC since December 2024, bottoming out at 19,860 satoshis.
The wave count for Avalanche suggests a completed five-wave downward structure (in red). If this is accurate, AVAX has likely embarked on a relief rally following its previous decline.
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Along with the breakout from the resistance trend line, AVAX has reclaimed the horizontal resistance at 24,000 satoshis, affirming that the prior drop was a deviation.
Technical indicators support the bullish sentiment, with both RSI and MACD generating bullish divergence and surpassing their bullish thresholds at 50 and 0, respectively.
Thus, the AVAX trend appears bullish, with expectations for a rally towards the range of 34,700-39,300 satoshis in April, equating to an approximate 55% increase from the current price.
Altcoins Gaining Ground Against Bitcoin
AAVE, SOL, and AVAX are three altcoins with the potential to outperform Bitcoin in April.
Each of these has shown bullish divergences and has broken out from diagonal resistances.
In particular, the momentum for AVAX is highly favorable due to its positive wave structure.
Disclaimer:
The content in this article is meant solely for informational purposes. It should not be interpreted or considered financial advice. We do not guarantee the completeness, reliability, or accuracy of this information. All investments carry risks, and prior performance does not ensure future results. We advise consulting a financial advisor before making any investment choices.
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