Crypto Investment Update – April 2025

This Opinion post first appeared in my blog here: https://pwlcm.wordpress.com/2025/05/02/crypto-investment-update-april-2025/

This is a performance update to my crypto portfolio posted here:
https://pwlcm.wordpress.com/2025/04/01/crypto-investment-update-march-2025/

Disclaimer: This post is just for educational sharing purposes. Please do your own due diligence on any products mentioned in this post.

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Market Update

Here are the charts of the 6 crypto coins in my portfolio as of 30 April 2025:

In April 2025, BTC broke above its Ichimoku Cloud, but TKX dropped from above to below its cloud. The rest remained either below or within their clouds.

BTC Chart:

BTC touched and rebounded from the support level at 103,000, forming a Double Bottom pattern, and had since broke its neckline and Ichimoku Cloud to hit the resistance level at 125,000. We shall continue to monitor its movement with respect to the resistance level above and the cloud below.

ETH Chart:

In March 2025, ETH was testing the then support level at 2,400. In April 2025, this support level didn't hold, and ETH went on to hit the next support level at 1,900 and rebounded to test the support-turned-resistance level at 2400 again, which happened to be the lower boundary of the Ichimoku Cloud. It needs to break above 2,400 and the cloud to stage a meaningful recovery from these depressed levels.

SOL Chart:

SOL had a slight dip below the support level at 150, but it managed to rebound towards its Ichimoku Cloud, now testing its upper boundary. If it succeeds in breaking out of the cloud on the upside, the next target is the resistance level at 250.

ADA Chart:

ADA tested the lower boundary of the downward-slanted flag channel and rebounded to test the lower boundary of its Ichimoku Cloud. The cloud is rather-thick, so it will take much effort and time to break above it.

XRP Chart:

XRP dipped below the Head & Shoulder Neckline (2.65), but fortunately it managed to rebound above the neckline and into its Ichimoku Cloud. We shall continue to monitor its movement with respect to the cloud above and neckline below.

TKX Chart:

After breaking above its Ichimoku Cloud in March 2025, TKX went under its cloud in April 2025. Uncertainty ahead for it may move in either direction. We can only continue to monitor the situation and take appropriate action when the sky is clearer.

Performance Update

My crypto portfolio performance as of 30 April 2025:

My crypto portfolio pretty much maintained its performance in April 2025 as in the previous month. All the metrics, allocation/return/XIRR, only experienced a slight dent amidst the volatile crypto market.

Referral Links

Tokenize Exchange:
https://tokenize.exchange/topic/invited/?invite_code=Vn58M