What altcoins to pay attention to in May

In the second quarter, cryptocurrencies perked up. By the end of April, many tokens significantly strengthened their positions, demonstrating three -digit growth and aiming at ATH.

Some cryptocurrencies are approaching their historical maximums, reflecting the increased optimism and growth in the market. We talk about four altcoins that are close to updating historical maximums (ATH) next month.

Walrus (Wal)

Walrus (WAL) is a decentralized protocol for storing data on the SUI blockchain. He launched his main network and began the emission of tokens on March 27. This event coincided with WAL Listing on the Upbit South Korean Exchange.

Wal grew by 50% over the past week and reached a new historical maximum (ATH) by $ 0.690. The achievements of altcoin reflect the growing interest and trust of investors.

Now Wal is only 11% of the absorption of ATH and the formation of a new maximum at a target level of $ 0.750. However, this progress depends on the bull impulse. If the market conditions remain favorable and the purchasing pressure remains, Wal can break through this resistance and rush to the target of $ 0.750.

If investors hasten to sell and a bull impulse weakens, the price of Wal will be difficult to maintain an upward trend. The inability to break through the resistance level of $ 0.634 can lead to a fall to $ 0.546. This will cancel the current bull forecast and indicate a possible correction.

Saros (saros)

Altcoin SAROS, recently launched on the SOLANA blockchain, did not show significant stature this month. However, he reached a new historical maximum by $ 0.1712, from which he then rolled away. Despite the fall, the token remains in the range. This may cause restoration and further price increase.

Now SAROS is faced with a resistance of $ 0.1344. Overcoming this level is the key to the return of altcoin to its ATH. His successful breakthrough will open the path to $ 0.2000. This will provide the coin with the opportunity to continue the ascending movement if the bull impulse is preserved.

If SAROS fails to overcome the resistance by $ 0.1344, it can continue consolidation over $ 0.1153. The inability to stay above this level will jeopardize the bull forecast. This can lead to a further decrease and cancellation of the potential of short -term growth.

BNB

To achieve the historical maximum $ 793 BNB, it is necessary to increase by 30%. However, this requires strong market conditions and the support of investors, who were not enough in April. Sustainable growth will be the key to return to ATH.

Now BNB is under pressure from an almost five -month descending trend and is faced with serious resistance. If the token can exceed $ 700, this will confirm that Altcoin is ready to challenge the previous ATH and install a new maximum.

However, while the BNB price is not able to gain momentum. The inability to overcome the resistance by $ 618 is fraught with subsidence below $ 600. In this case, the BNB can drop to $ 576, which will weaken the bull forecast and extend the descending trend.

XRP

The Ripple Project token has come out of the descending wedge, which has been preserved on the schedule since the beginning of the year. Altcoin is now striving to resist $ 2.40. A successful breakthrough can mean continuation of growth. However, the XRP is still behind more than 48% of its historical maximum $ 3.40.

Sustainable growth can push XRP to this level, especially if the current bull breakthrough is confirmed. The transformation of $ 2.56 in support will indicate the possibility of further strengthening.

If the XRP cannot be overcome by the resistance by $ 2.40, the price reversal is possible, which will lead to a decrease to $ 2.02. Such a movement will cancel a bull forecast, and the price can return to a descending wedge.

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