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BeInCrypto looks at five altcoins that increased the most in this weeks crypto market, specifically from March 31 to April 7.

The term altcoin refers to cryptocurrencies other than Bitcoin (BTC). These altcoins have stolen the crypto news and cryptocurrency market spotlight:

The SXP price has increased rapidly since breaking out from a descending resistance line on March 29. The breakout led to a high of $0.94 on April 3.

However, the price failed to break out from the $0.93 area and was rejected instead.

If the decrease continues, SXP could find support at the 0.382 Fib retracement support level at $0.66.

On the other hand, if it breaks out, the next closest resistance would be at $1.40.

The INJ price has increased at a rapid rate since its March 10 low (green icon) of $2.45. On April 2, the price broke out from an ascending resistance line. Afterward, it validated it as support on April 6 (green icon).

If the increase continues, the next resistance will be at $6.50.

However, if the rally loses momentum, the INJ price could decrease to the $4.40 horizontal support area.

The Dogecoin price broke out from a descending resistance line on April 3. However, it was rejected by the 0.382 Fib retracement resistance level at $0.10.

Currently, DOGE is in the prices of validating the previous resistance line as support. If it is successful, it will likely break out from the $0.10 area. If so, it will likely increase to the 0.618 Fib retracement resistance level at $0.12.

However, if the DOGE price falls below the descending resistance line, it will likely decrease to $0.07.

The FXS price has increased since bouncing at the $7.50 horizontal support area on March 10. After creating a higher low, it is now attempting to break out from the $10 resistance area.

If it breaks out, FXS can increase to $12.80. However, if it gets rejected, a drop to $7.50 could follow.

The CSPR price has followed a descending resistance line since October 2022. The line has caused numerous rejections, most recently on April 4 (red icon). Since resistances get weaker each time they are touched, an eventual breakout is expected.

If the CSPR price breaks out, it could increase to at least $0.50.

However, if another rejection follows, CSPR could fall to the $0.34 support area.

For BeInCryptos latest crypto market analysis,click here.

In line with the Trust Project guidelines, this price analysis article is for informational purposes only and should not be considered financial or investment advice. BeInCrypto is committed to accurate, unbiased reporting, but market conditions are subject to change without notice. Always conduct your own research and consult with a professional before making any financial decisions.

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Five Altcoins That Led the Bullish Crypto Market - BeInCrypto