3 Potential Altcoins that will be the talk of the town in May 2025!
Jakarta, Pintu News – The crypto market has started the month of May on a bullish note, with Bitcoin and other altcoins experiencing gains. With trading volumes reaching $79.44 billion, the crypto space increased by 2.95%. Following this, today’s Bitcoin (BTC) price has surpassed the $97,000 mark for the first time since February 4, 2025.
Here are 3 potential altcoins that are the talk of May 2025!
Ethereum (ETH)
Ethereum price has today managed to break the $1,800 mark with an intraday surge of 5.81% and trading volume of $15.78 billion, up 6.45%. Although it is currently trading at a 44% discount this year, it shows great possibilities for a strong bullish reversal. With a valuation of $225.37 billion, the ETH token’s dominance has increased to 7.37%.
The Simple Moving Average (SMA) continues to favor the Ethereum (ETH) price chart in the daily time frame. On the other hand, the RSI indicator continues to move towards the overbought range. This signals a bullish outlook for the altcoin in the coming time.
If the ETH coin price manages to maintain a value above the $1,800 mark, it could lead to its upper resistance level of $2,400 this month. Conversely, in the event of a bearish reversal, the Ethereum (ETH) token price could fall to its lower support level of $1,500.
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Arbitrum (ARB)
Despite experiencing increased volatility, Arbitrum price has shown consolidating price action over the past few weeks. However, today it has added over 5% to its portfolio, indicating a strong bullish reversal.
With a Year-to-Date (YTD) Return of -52.78%, this altcoin has a high probability of recording a strong bounce back in the near future.
SMA & RSI technical indicators have shown an increase in the positive outlook. Given the current market statistics, this altcoin could gain huge traction this month and potentially test its upper price target.
If Arbitrum (ARB) price surpasses the $0.3675 mark, it could lead to its upper price target of $0.60. However, if the bullish rally fails, ARB crypto price could test its crucial support level of $0.2625.
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Sui (SUI)
Sui price has shown a strong bullish reversal during April. Reportedly, the altcoin has surged about 50% in 30 days, making it one of the month’s best performing assets. Moreover, with a market capitalization of $12.38 billion, it has secured the 11th position in the crypto space.
The Relative Strength Index (RSI) has surpassed the oversold range and continues to trade above it. Furthermore, the average trend line shows similar action, indicating a significant increase in buying versus selling for this altcoin in the crypto space.
If the market favors the bulls, the price of Sui coin (SUI) could be set to test a multi-month high of $5. Recently, asset management firm 21Shares filed an SUI ETF with the US SEC, fueling optimism around a further price surge.
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*Disclaimer
This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.
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