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Altcoins to Keep an eye on in May 2025!

Altcoins to Keep an eye on in May 2025!

As we start with May 2025,  Crypto market has shown a bullish momentum. With Bitcoin (BTC) and various altcoins experiencing significant rallies has been a positive note. On top of it, with a trading volume reaching $79.44 billion the overall crypto market has seen an increase of 2.95%. The most eye-catching news has been the Bitcoin’s price, which has surged past the $97,000 mark for the first time since February 4, 2025.

Following its footsteps the altcoin market added a notable value to their respective portfolio. On one hand where Ethereum price rocked the $1,800 mark, many mid-cap and low-cap altcoin recorded a double-digit price rally.

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All this can be too overwhelming and can heighten the FOMO. Which means you can be one of many who are planning on investing in crypto this month? If such is the case, then this article will guide you through and will help you understand the top 3 altcoins that are worth keeping an eye on this month.

1. Ethereum (ETH)

The Ethereum price has already hit the $1,800 mark. Its dominance in the cryptocurrency market has increased to 14.26%. This clearly indicates a growing interest and trust among investors. Analysts further suggest that this phase could present a potential buying opportunity. So, investors anticipating a bullish reversal in the near future can always keep an eye on it. 

Technically speaking, the Simple Moving Average (SMA) constantly supports the Ethereum price chart in the daily time frame. Also, the RSI indicator constantly heads toward the overbought range. This clearly signals a bullish outlook for altcoin in the upcoming time.

Considering if the ETH coin price maintains its value above the $1,800 mark. There could be a very high possibility of its price to head towards an upper resistance level of $2400 this month. However, if a bearish reversal does occur, the price of Ethereum token could plunge toward its lower support level of $1,500.

2. Arbitrum (ARB)

ARB has seen a lot of volatility lately, however its price has displayed a stable price action over the past few weeks. Its Year-to-Date (YTD) return has been -56.99%. This makes a high possibility of a strong bounceback in the upcoming time.

ARB’s technical indicators SMA & RSI have displayed an increase in the positive outlook. Considering the present market statistics, this altcoin can gain major growth this month hitting its upper price targets.

If Arbitrum (ARB) manages to break above the $0.31 resistance level, it could aim for higher targets near $0.45 in the short term. However, if the bullish momentum weakens, the price may plunge to its key support zone around $0.26.

3. Sui (SUI)

The Sui price has displayed a strong bullish reversal during April making it one of the best-performing assets of the month. Moreover, with a market capitalization of $12.25 billion, it has secured the 11th position in the crypto space.

Technically, the Relative Strength Index (RSI) has breached the oversold range and continues trading above it. The average trendline also displays a similar action. This suggests a significant increase in the buying-over-selling for this altcoin in the crypto space.

We have also seen  21Shares – an asset management firm filing for a SUI ETF with the U.S. SEC. This has further fueled optimism around a price surge. If the market favors the bulls, the SUI coin price could rise to a high of $5.

Now the flip side, if the crypto market experiences increased liquidation, the price of SUI token could plunge toward its support trendline of $3.

All said and done these currencies need a proper lookout throughout the month. Market momentum is picking up with the start of the month and altcoins are showing strong signals. May 2025 could hence be a defining month for crypto investors. But hey! As always, research thoroughly and invest wisely.

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