-
XRP, APT, and SOL are at critical technical levels this week; their next moves could determine broader market sentiment.
-
Upcoming token unlocks and pattern confirmations will be pivotal—investors should closely watch support zones and breakout targets.
In addition to the recently published 2025 Crypto Forecast by CNF, for this special April edition, the cryptocurrency market is poised for significant movements this week, with Aptos (APT), Ripple’s XRP, and Solana (SOL) at the forefront. These digital assets are approaching critical technical levels and events that could influence their price trajectories.
Aptos (APT): Anticipating Token Unlock
Aptos has experienced a substantial downtrend, with its price declining from a November high of $15.32 to its current price of $4.19 as of April 7, 2025. This decline is partly attributed to the ongoing crypto market downturn and scheduled token unlocks, which have increased the circulating supply and exerted downward pressure on the price.
On April 12, Aptos is set to unlock an additional 11.31 million tokens, representing about 1.13% of its total supply. These tokens are allocated to the community, core contributors, investors, and the foundation.
Solana (SOL): Eyeing a Potential Reversal
Solana is currently trading at approximately $100.42, reflecting a decrease of about 16.29% in the last 24 hours and 19.16% in the past week. However, SOL has recently bounced off the $112 support level, a critical zone that has held firm in recent trading sessions.
In addition, analysts have identified a potential double-bottom pattern forming, with a neckline around $147. A confirmed breakout above this level could signal a bullish reversal, potentially propelling the price toward higher resistance levels. However, failure to surpass this neckline may result in continued consolidation or a retest of lower support levels.
As of April 7, 2025, the broader cryptocurrency market is experiencing mixed movements, with major assets like Bitcoin and Ethereum showing varying degrees of volatility.
Ripple (XRP): Testing Crucial Support Levels
XRP is currently trading between an intraday high of $2.10 and a low of $1.65. Notably, XRP is approaching a significant support zone between $1.90 and $2.00, which aligns with the neckline of a head-and-shoulders pattern observed since January.
If XRP manages to hold above this support and break through resistance levels, it could negate the bearish outlook and target higher price points.
Furthermore, as CNF previously predicted in the XRP Price Prediction for April 2025 post, CoinCodex forecasts that XRP, the fourth-largest cryptocurrency by market cap, could surge to $3.78.
As of now, at the time of writing, Ripple (XRP) is trading at approximately $1.76 USD, reflecting a decrease of 16.41% in the past day and 14.61% in the past week.