Altcoins Struggle as Market Faces Uncertainty

22 aprile 2025 BACK TO NEWS

Avalanche, Toncoin, and Kaspa face challenges despite a bullish trend, raising questions about their recovery potential - IcoHolder.

As the cryptocurrency market continues to show signs of a bullish trend, several prominent altcoins, including Avalanche (AVAX), Toncoin (TON), and Kaspa (KAS), are facing significant challenges. Despite the ongoing bull market, these coins have struggled to recover, leaving investors questioning whether they can make a comeback.

Avalanche, once a standout performer in the 2021 bull run, saw its price surge to an impressive $147. However, it has since fallen dramatically, with its current value hovering around $20. Even as the overall market shows potential for growth toward the end of 2025 or early 2026, AVAX's future remains uncertain. While the coin is battling strong resistance levels at $20 and $22, bullish momentum is still possible if price indicators such as the Stochastic RSI continue to show signs of upward movement. Failure to break through the $55 mark would suggest a continuation of a downward trend.

Toncoin, on the other hand, is testing a critical support level around $2.80. The coin recently broke out of a descending wedge, and while its price has struggled, there are indications that the Stochastic RSI may be gearing up for another surge. However, the previous weak price action has left some doubts about its potential for sustained growth. Investors will be watching closely to see whether Toncoin can build on this support or fall further.

Kaspa appears to be on a more optimistic path, following a W pattern that could push its price toward the key resistance level at $0.10. Surpassing this threshold would mark a significant recovery for the coin, potentially returning it to the $0.10 to $0.19 range and giving bulls the chance to aim for its all-time high. However, breaking through this resistance is far from guaranteed, and market conditions will need to remain favorable for this scenario to unfold.

While these altcoins may have short-term potential, especially if Bitcoin surpasses its all-time high, the broader market trend shows altcoins lagging behind Bitcoin. For long-term investors, this raises the question: if these altcoins cannot outperform Bitcoin, is there any reason to continue holding them? The future of these coins remains uncertain, and investors should tread carefully as the market evolves.