{"id":4427,"date":"2025-05-02T05:00:31","date_gmt":"2025-05-02T05:00:31","guid":{"rendered":"https:\/\/ad-doge.com\/blog\/best-altcoins-to-watch-in-may-breakouts-are-brewing-says-crypto-analyst\/"},"modified":"2025-05-02T05:00:31","modified_gmt":"2025-05-02T05:00:31","slug":"best-altcoins-to-watch-in-may-breakouts-are-brewing-says-crypto-analyst","status":"publish","type":"post","link":"https:\/\/ad-doge.com\/blog\/best-altcoins-to-watch-in-may-breakouts-are-brewing-says-crypto-analyst\/","title":{"rendered":"Best Altcoins To Watch In May: Breakouts Are Brewing, Says Crypto Analyst"},"content":{"rendered":"

The final week of April delivered a jolt of optimism to a crypto market that has spent most of the year wrestling with macro cross-currents. Bitcoin\u2019s resilience above the psychological $90,000\u2013$95,000 level, an unexpected surge in stablecoin issuance and a swarm of textbook bullish patterns across large-caps and meme names have converged to create what veteran chartist Josh Olszewicz calls \u201cone of the cleanest multi-asset breakout tapes we\u2019ve seen since late 2023.\u201d\u00a0<\/p>\n

Crypto Bull Run Back?<\/h2>\n

Olszewicz\u2019s argument<\/a> begins and ends with liquidity. Two consecutive one-billion-dollar Tether mints on 29 April pushed combined USDT + USDC supply to a fresh all-time high, an event he frames as an unequivocal tailwind for speculative assets. \u201cTether\u2019s been printing, printing, and minting, baby,\u201d he said, emphasising that the dual $1 billion tranches arrived alongside a clear premium in the USDT\/USD pair on Kraken\u2014evidence, in his view, of real demand rather than opportunistic treasury rebalancing. \u201cTypically that means people are deploying it in alts. That\u2019s why stable-coin mints\u2014specifically Tether\u2014[are] generally bullish for alts because people are using it to speculate.\u201d<\/p>\n

The liquidity pulse arrives just as several macro obstacles appear to be receding. Bitcoin survived a negative-print US GDP release, sticky PCE inflation data and what Olszewicz called \u201csome jobs numbers that came out this week,\u201d without surrendering its three-month up-trend. Meanwhile gold has rolled over and the Dollar Index remains pinned near cycle lows, recreating the \u201ceverything-rally\u201d backdrop that powered crypto\u2019s late-2023 melt-up. Funding markets, however, are delivering a curious split: \u201cWe still have negative funding on the BTC side on crypto exchanges. We have positive funding in legacy land with futures. So that\u2019s very bizarre right now, but so far so good.\u201d<\/p>\n

Against that backdrop, Olszewicz drills into the Ichimoku-cloud mechanics that underpin his altcoin watch-list. The premise is as old as the indicator itself: a daily candle close inside the cloud accompanied by a bullish Tenkan-Kijun (TK) cross triggers a mean-reversion target to the opposing edge of the cloud. \u201cAll these trades are always the same. I never treat them differently,\u201d he said. \u201cYou get a better entry\u2026 it\u2019s just a game of probabilities.\u201d The strategy sets clear invalidations\u2014either the Kijun line or a lower-low\u2014and provides what he characterises as Dow-theory mean-reversion framed through an Ichimoku lens.<\/p>\n

That formula is now flashing across a surprising breadth of assets.<\/p>\n

Solana And Curve<\/p>\n

Solana sits at the top of his list. The layer-one token has posted six consecutive red daily candles, sculpting the \u201cright shoulder\u201d of an inverted head-and-shoulders whose neckline rises toward $200. \u201cWhat I\u2019ve got to laser focus on is this potential edge-to-edge move,\u201d he explained, noting that ideal entries would materialise between $140 and $120 but are not essential. \u201cWithin the next week or two, you should get a great signal on an entry here on SOL just from the cloud.\u201d<\/p>\n

Curve, by contrast, is already in motion\u2014up double-digits on a day when most altcoins bled. \u201cWhy is it up 10 percent today and everything else is down? I don\u2019t have a good answer for that,\u201d he admitted. Yet the technical structure leaves little to interpret: a multi-month flat-bottom accumulation, a candle close inside the cloud near its lower boundary and a bullish TK cross. \u201cYou\u2019re on your journey to somewhere up here\u2014the other edge of the cloud,\u201d he said, implying a measured-move objective near $1.20 that would represent a near-doubling from current levels.<\/p>\n

Ethereum And Litecoin<\/p>\n

Where Solana and Curve show imminent triggers, Ethereum remains the quintessential laggard, still chiselling out what Olszewicz labels a bottoming process. \u201cIt\u2019s going to take ETH kicking and screaming to get started here […] but this is a bottom in process. Certainly may take you into June.\u201d The calculus is familiar: traders intent on rotation may find better risk-adjusted returns elsewhere, returning to ETH only once its own daily cloud admits a candle close.\u00a0<\/p>\n

Litecoin exhibits a similar dynamic, with an inverted head-and-shoulders outline that \u201cfeels a little early,\u201d perhaps ripening by early June.<\/p>\n

FET, LINK, ALGO<\/p>\n

Fetch.ai breached the cloud on April 23 and already sports a bullish TK cross, yet Olszewicz acknowledges it arrives \u201cafter two or three weeks of up-move,\u201d reducing risk-reward.<\/p>\n

Chainlink shows a textbook right-shoulder still under construction\u2014\u201calerts at fifteen,\u201d he suggests\u2014while Algorand edges toward a 32-cent cloud target, one daily close away from confirmation.<\/p>\n

In each instance, the analyst reiterates that until the formal triggers print, the probability of follow-through remains statistically lower.<\/p>\n

DOGE, PEPE And WIF<\/p>\n

The most combustible corner of the market\u2014the meme cohort\u2014is, in his telling, already foreshadowing a retail return. Dogecoin intrigues him most. \u201cAlong with ENA, one of the best bang for your bucks is Doge,\u201d he said, though he concedes the pattern needs another week to sculpt a complete right-shoulder. He is explicit about his trigger: \u201cGive it another week or two and this is definitely one of the better-looking setups,\u201d with attention fixed on the $0.175 area.<\/p>\n

PEPE presents fewer moving parts: it is inside the cloud with a bullish TK cross and a clear neckline at the Kijun. \u201cIf ETH even sneezes higher, I expect this to just be up twenty-five percent one day,\u201d he said, while cautioning that a transitional \u201cnegative twenty percent day\u201d could precede the pop.\u00a0<\/p>\n

WIF, for its part, is \u201cslamming against the cloud,\u201d on the cusp of its own TK cross. Having retraced from $4.80 to current levels, it offers what he calls \u201ca great-looking setup,\u201d albeit one where \u201cthe greed in me always wants an entry down here\u201d\u2014a reference to a hypothetical bid parked at the cloud\u2019s lower edge.<\/p>\n

BTC Dominance<\/p>\n

Bitcoin dominance, still pressing cycle highs, complicates the rotation narrative. \u201cDoes it really matter that you\u2019re not all-in BTC if this is an extreme in dominance?\u201d he asked rhetorically. His answer is temporal. Dominance mattered enormously at the October 2023 bottom, and he suspects it will matter again once it rolls over.\u00a0<\/p>\n

\u201cCome May, June, I think we will start to see the outperformance of the altcoins,\u201d he predicts, but he tempers that with a blunt reminder: \u201cIt hasn\u2019t made sense to sit in these BTC pairs.\u201d The exception is Solana\u2019s BTC chart, which mirrors the USD thesis with a half-formed inverted head-and-shoulders and a cloud target significantly higher.<\/p>\n

At press time, SOL traded at $151.90.<\/p>\n

\"Solana<\/p>\n","protected":false},"excerpt":{"rendered":"

The final week of April delivered a jolt of optimism to a crypto market that has spent most of the year wrestling with macro cross-currents. Bitcoin\u2019s resilience above the psychological $90,000\u2013$95,000 level, an unexpected surge in stablecoin issuance and a swarm of textbook bullish patterns across large-caps and meme names have converged to create what…<\/p>\n","protected":false},"author":1,"featured_media":4428,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[12,822,729,2302,51,161,55],"class_list":["post-4427","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency-market-news","tag-altcoins","tag-best-altcoins","tag-best-altcoins-2025","tag-best-altcoins-may-2025","tag-crypto","tag-cryptocurrencies","tag-cryptocurrency-market-news"],"_links":{"self":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts\/4427","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/comments?post=4427"}],"version-history":[{"count":0,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts\/4427\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/media\/4428"}],"wp:attachment":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/media?parent=4427"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/categories?post=4427"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/tags?post=4427"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}