As March concludes, the cryptocurrency market has experienced a challenging first quarter in 2025, with many digital currencies hitting new lows. Various factors, including liquidity issues and global trade tensions, have dampened the potential for positive price movements, particularly those associated with the current political climate. What lies ahead for PEPE, Dogecoin, Solana, and Chiliz as we step into April?
What Can We Expect for PEPE and Dogecoin?
Bitcoin is currently valued at $87,400, demonstrating swift reactions to market declines, but has failed to maintain prices above $88,500. Members of the Federal Reserve indicate that they may clarify future plans once existing uncertainties are resolved, yet consumer sentiment in the U.S. remains grim. The consensus is that many of these uncertainties will likely fade by April.
How Will Solana and Chiliz Perform?
PEPE Coin’s value has plummeted due to a substantial sell-off of non-valuable tokens on the Solana network, establishing a low on March 10. To see any upward movement, the coin must secure closures above $0.00000865, with targets of $0.00001108 and potentially $0.0000168. Similarly, Dogecoin faced a downturn after losing the crucial $0.3 mark, now showing signs of recovery and aiming to convert $0.22 back into support, with hopes to test the $0.28 resistance in April.
For Solana, the cryptocurrency has found itself in a favorable position, competing strongly with Ethereum. Known for its efficiency and low transaction costs, Solana has established a low around $112 and is currently attempting to convert $138 into a support level. If successful, it may revisit the $202-$203 range in April.
- PEPE Coin needs to close above $0.00000865 to target $0.00001108.
- Dogecoin aims to regain $0.22 as support to potentially reach $0.28.
- Solana is pushing to solidify $138 as support to retest $202-$203.
- Chiliz is expected to see activity, with targets set at $0.072 and $0.096.
Chiliz has yet to reclaim the $0.054 threshold and has been moving more laterally. However, the coin tends to perform better during the first two quarters, indicating potential for action in April. Its targets are set at $0.072 and $0.096, suggesting a watchful eye on this currency as the month progresses.
