The cryptocurrency market has entered a new week under pressure – bearish sentiment has so far dominated. But even in such a situation, some tokens may surprise. We chose three altcoins that should be closely watched: each of them was in the center of events that could radically affect their trajectory of development!
MOVE: Crash amid unlocking – but not all is lost!
Movement (MOVE) has come under serious pressure: over the past 14 days, it has lost almost half of its value, and fell 23% per day, recording an absolute minimum of $0.286. Panic? Maybe. But the story has a sequel.
On April 9, an additional 50 million MOVE will enter the market — worth more than $15 million. This will increase the supply several times and may increase pressure on the price. The scenario is obvious: if demand does not support the market, MOVE may break through the current lows. But it is worth remembering — crypto loves surprises. If market participants regard the unlocking as a signal for a restart, a rebound to the $0.374 zone and higher is possible!
EOS: the shadow of the “golden cross” and the struggle to recover
EOS, a veteran of the crypto market, unexpectedly revived towards the end of March, showing growth of more than 57%. However, the following week the token retreated by 15%, although it remained above the key level of $0.68.
If EOS can break above $0.76, it will open the door to a technical signal called a “golden cross” — it appears when the short moving average crosses the long one, hinting at a new upward cycle. Failure to hold current support could push the token back to $0.61 and dash positive expectations.
Helium (HNT): upgrade bets and rebound chance
Helium recently broke through important support at $2.30, losing about 20% of its value, but quickly recovered some of its losses and is now trading in a state of uncertainty.
The intrigue of the week is the implementation of the HIP-103 updаte. This could be a turning point: if the updаte is positively received by the community and investors, the HNT price could move to $2.75, compensating for the recent decline. Otherwise, the token risks being under pressure again – with the potential to fall to $2.00.
While the overall market backdrop remains negative, MOVE, EOS, and Helium have a chance to break out of the downward trend due to key fundamental and technical events. This week could be decisive – both for the tokens themselves and for those who invest in them!