Recently, the cryptocurrency market has displayed consistent growth, aiding altcoins in their recovery alongside Bitcoin. However, it is cautioned that depending solely on broader market cues or momentum may not be sufficient to sustain price growth.

BeInCrypto has identified three altcoins with significant developments unfolding this month that investors should monitor.

Tutorial (TUT)

The price of TUT has held steady below the $0.027 resistance level for most of the month. Breaking past this level is crucial for recovering the 53% losses from March. A move above $0.027 could indicate a positive trend, potentially leading to further upward movement. Failure to surpass this resistance may result in a decline below $0.021, reversing the bullish outlook and causing further losses.

Injective (INJ)

Injective has seen a 17% price increase in anticipation of the upcoming Lyota Mainnet Upgrade scheduled for April 22. This upgrade is expected to improve Injective's infrastructure, performance, and transaction speeds, generating optimism and driving the price upwards. Currently trading at $8.97, INJ is approaching the $9.11 resistance level. Breaking through this barrier could propel the price beyond $10.00 and up to $10.35. However, failing to surpass the resistance could lead to a drop below $8.40, potentially falling to $7.64.

BNB

BNB's price is at $604, experiencing a downtrend. To surpass the $611 resistance, BNB requires strong market support or upcoming developments like the Lorentz opBNB mainnet hard fork scheduled for today. The hard fork aims to enhance speed and responsiveness, potentially aiding BNB in breaking resistance levels and reaching $647. Failure to meet expectations with the hard fork could lead to a drop below $576, possibly falling to $550 and continuing the downtrend.