The Best Altcoins to Outperform Bitcoin in May
As a crypto investor, you are always on the lookout for altcoins that have the potential to outshine Bitcoin. In May, three altcoins stand out as strong contenders to surpass the performance of the king coin. Let’s delve into which ones they are and why they could be your ticket to higher profits.
Binance Coin (BNB) Is Still Competing
– Binance Coin has been consolidating for over a month and a half
– Attempting to close above $640, but stuck around $560 to $620
– Support from investors and bullish market cues
– Less than 16% from its all-time high of $686
– Potential rise if it breaches the all-time high
PEPE Won’t Back Down
– PEPE has surprised the market with a 586% growth in the past three months
– Despite tough competition, it continues to rally
– Looking to maintain support above the 50-day Exponential Moving Average (EMA)
– Could reclaim $0.00001000 as support if it stays above the EMA
Tron (TRX) Makes a Comeback
– Tron’s price bounces back from lows of $0.109
– Avoids the formation of a death cross
– Relative Strength Index (RSI) in the bullish zone
– Potential rally ahead if RSI maintains the 50.0 neutral line as support
Hot Take: Your Next Move in the Crypto Market
Considering these three altcoins could be your key to outperforming Bitcoin in the month of May. Keep a close eye on Binance Coin, PEPE, and Tron as they show promising signs of growth and potential for higher profits. Are you ready to diversify your portfolio and explore new opportunities in the crypto market?