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3 hidden gems to watch out for in April

Amid the dominance of altcoins like Ethereum, Solana, Cardano and many others, investors tend to overlook some lesser-known cryptocurrencies.

BeInCrypto therefore analyzed these cryptocurrencies, which may not be at the top of the list but which are still expected to increase in the coming weeks.

Aptos Coin (APT) is poised for a major surge

Surprise price Aptos The entire market is on a recent rally, bringing it closer to the previous all-time high (ATH) of $20.4. APT price is now within 12.5% ​​of a breakout and drawing a new ATH.

The uptrend is already strengthening, as evidenced by the Average Directional Index (ADX). An indicator above the threshold of 25.0 indicates that the active trend is strengthening, which in the case of APT is an uptrend.

APT/USDT 1-day chart.
APT/USDT 1-day chart. Source: Trading View

However, if the price fails Aptos By consolidating $18.32 as a support floor, it could fall back below $16, which could invalidate the bullish thesis.

It is therefore important to monitor the token.

Gala (GALA) is poised to rise 26%

Starting price Gala, after breaking through the $0.080 mark earlier this month, is falling, almost missing the $0.050 support line. However, over the past few days, the cryptocurrency managed to break out of the downtrend and rise further to test $0.065 as a support line.

The cryptocurrency is now about 26% away from recording its highest levels since the start of the year. Additionally, the Relative Strength Index (RSI) hints at some bullishness. The indicator is a momentum oscillator that indicates overbought and oversold conditions, which have just moved into bullish territory.

GALA/USDT 2-hour chart.
GALA/USDT 2-hour chart. Source: Trading View

This means that GALA has a chance to continue rising, which would cause it to reach $0.084.

However, if the cryptocurrency loses the support at $0.065, GALA price could fall to $0.060, which could invalidate the bullish outlook.

Read more: Best Cryptocurrency Exchanges in Australia in 2024

Kaspa (KAS) price prepares to validate this uptrend

It was the price Kaspa, which had a huge rally last month, has been stuck in a descending channel for the past month. The cryptocurrency broke through this channel a week ago and is currently trading at $0.135, testing the $0.131 support level.

This price action led to the formation of a bull flag pattern. This is a continuation pattern in which price temporarily consolidates in a narrow range after a strong upward move. This indicates a possible continuation of the previous uptrend.

KAS/USDT 1-day chart.
KAS/USDT 1-day chart. Source: Trading View

According to this model, KAS is expected to grow by 66%, with a price target set at $0.235. This makes Kaspa a play to watch.

Read more: 4 best meme currencies in 2024 to invest

However, if the $0.131 support is lost, the bullish thesis could be invalidated and KAS could fall below $0.120.

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Of confidence


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الأسواق,تحليل Aptos (APT)