Top 3 Altcoins to Watch in April 2025: MOVE, EOS, and Helium Show Diverging Trends
As the cryptocurrency market kicks off the second week of April with signs of caution, several altcoins are drawing investor attention thanks to unique catalysts and technical indicators that could influence their short-term performance. While broader sentiment remains hesitant, select tokens like MOVE, EOS, and Helium (HNT) present opportunities—and risks—that traders may want to keep on their radar.
MOVE (Movement): Pressure Mounts Ahead of Token Unlock
Movement (MOVE) has seen a sharp decline recently, correcting 44% over the past two weeks and setting a new all-time low (ATL) of $0.286. At the time of writing, the token is trading slightly higher at $0.305, but investor sentiment remains fragile.
The key concern is an upcoming token unlock scheduled for April 9, which will release 50 million MOVE tokens—equivalent to over $15 million—into circulation. This sudden increase in supply may further strain the price unless met with strong demand. If MOVE fails to hold the $0.286 support level, the price could slide deeper into uncharted territory. However, should market sentiment improve and support hold firm, the token may rebound toward $0.374, challenging its current bearish trend.
EOS: Recovery Continues, but Momentum Faces a Test
After surging 57% in late March, EOS appeared to be regaining its footing. Despite a 15% pullback last week, the token is still trading above key support at $0.68 and currently sits at $0.72.
Technical indicators suggest a possible Golden Cross formation, where the 50-day EMA may soon cross above the 200-day EMA—a signal traditionally associated with bullish momentum. If EOS manages to sustain support and break through the $0.76 resistance, it could mark the continuation of its uptrend. However, a failure to hold the $0.68 level might send the token back to $0.61, invalidating the recent bullish outlook.
Helium (HNT): Anticipated Network Upgrade Could Fuel Recovery
Helium (HNT) experienced a sharp 20% intraday drop before partially recovering to $2.39. The decline saw the token briefly dip below the $2.30 support, though quick buying interest helped it rebound. Despite the broader market pressure, optimism surrounds Helium's upcoming protocol upgrade—HIP-103.
If the community reacts positively to the new updates, HNT could gain upward momentum, with a potential recovery toward $2.75. However, should it falter at the $2.30 mark again, the token risks sliding down to $2.00, marking a deeper retracement.