April 2023 is showing some positive technical signals for the crypto market, which could trigger substantial growth for altcoins and Binance Coin (BNB) in particular. The total crypto market capitalization, excluding Bitcoin, has underperformed due to Bitcoin's strong price performance throughout 2021. The presence of a hidden bullish MACD divergence on the weekly time frame and the William's Alligator indicator providing a major buy signal suggests a 17.94% increase in the total crypto market cap. Despite a lawsuit against its owner, Binance Coin offers promising technicals with a potential 33.75% price increase in April. Shiba Inu (SHIB) is also showing a resurgence on the Token Age Consumed metric and its history suggests a possible rally of 73% during the same month. Altogether, investors may be looking at an explosive April in regards to crypto gains.
Robert Ward
- 2023-03-30
Ready for an Explosive Crypto Market Turnaround in April 2023
April 2023 is showing some technical signals for the crypto market, which could trigger significant growth for altcoins and Binance Coin (BNB) in particular. The total crypto market capitalization, excluding Bitcoin, has underperformed due to Bitcoin's strong performance throughout 2021.
