Throughout the first quarter of 2024, Bitcoin and other cryptocurrencies showcased remarkable performances. Bitcoin hit a new all-time high of $73,777 but faced challenges in April. However, May holds the potential for surprises. The spotlight is now on altcoins that could shine in the fifth month of the year.

Harmony (ONE)

The ONE Coin network witnessed a milestone of over $1 million in transaction volume, emphasizing increased network demand. The price of ONE Coin is poised for a breakout next month, with predictions of a 36% increase aiming for a new peak at $0.034. The bullish scenario is supported by ADX, but a bearish outcome could see ONE Coin fall to $0.015 or lower.

Dogwifhat (WIF)

WIF Coin has become a significant player among meme coins, surpassing PEPE to become the third-largest meme coin. Price predictions target $4.8, indicating potential growth of over 50% in an optimistic scenario. A price drop below $2.5 could shift the trend, pausing the uptrend at a $2 support.

NEAR May Targets

NEAR Coin recently rose from $5.2 to $7.2 and could potentially reach $8.8 above $7.4. Free from the impact of the FTX collapse, NEAR Coin is expected to gain attention in May for its upward movement.

Render (RNDR)

As AI technologies advance rapidly, RNDR Coin, among AI-focused altcoins, might test the $10 target in May. A drop below the $8 support could shift sentiments downward, anticipating a decline to $6.8.

Stellar (XLM)

XLM price is currently moving within a descending wedge pattern. An established altcoin, XLM has historically shown significant gains during bull seasons. Price targets of $0.142 and $0.16 are on the horizon, with potential drops to $0.1 and $0.09 if XLM moves south.

This news was originally posted on COINTURK NEWS website.