Top 4 Altcoins Expected to Hit All-Time Highs in May

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As>the second quarter begins, the cryptocurrency market has gained momentum, with many tokens showing strong performance in the second half of April. Following Bitcoin, most altcoins have shown significant improvement, recording triple-digit returns. Some altcoins are approaching all-time highs, reflecting market optimism and growth.

BeInCrypto analyzed three altcoins that may form new all-time highs next month.

Wallace (L)

WAL rose 50% last week, reaching $0.622. This strong upwardend allowed the altcoin to record a new all-time high (ATH) of $0.690. The recent surge reflects increasing investor and interest in altcoin performance.

Currently, WAisL11% from its ATand ATH and forming a new at $0However., depends on maintaining bullish momentum. If market conditions remain favorable and buying pressure continues, WA, break through this resistance and move towards its $0.750 target><>TradingView<>Ros (saros)did SAROS did not record a significant increase this month but reached a new allH-ATH.of $0.1712 Currently, currently currently dropping to $0.1311. the, altoin within a that could recovery and further price increase.

Currently, SAROS is facing resistance. and breaking this level is crucial for href returning to its alt<>radingView

Binance Coin (BNB)

BNB is currently trading at $609, requiring a 30% reach increase to reach its-time ATH)., this would require strong market conditions and investor and support, which has been lacking throughout April. A continuous rally is crucial for altcoin to its ATH and set a new>in for almost five months, faces significant resistance. Breaking this trend and reaching $793 would require a 30% rally. If BNB surpasses $700, it would confirm the altcoin is prepared to challenge challenge its previousH and set a a new new high.

BNB Price Analysis.
BNB Price Analysis. Source: TradingView

However, BBNB is struggling to to gain attention among investors, making such a rise difficult. challenging. If to $618 resistance could lead, with BNB potentially dropping $600. In this case, BBNB could drop to $576576, which would invalidate the bullextend the.RP h>XRP is breaking out of the descending wedge pattern maintained since the beginning of the year. Currently $2.28, it is moving towards the $2.40 resistance level. A successful break break successful would confirm the potential for continued upward momentum and boost investor optimism.

XRP Price Analysis. aRP Source a href=

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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