Top 3 Cryptos for May: Based on Upside Potential and Solid Technicals

Here are the three high upside coins for May. These posted stellar performances in April and their technicals suggest this bullishness will continue into May.

After three months of bearish sentiment and sideways price action for most coins, the market started showing signs of stabilizing in April. This created room for undervalued coins to flex their muscles and take a shot at an uptrend. 

Heading into May, chart analysis indicates that SUI, SOL, and XRP are ready to breakout that will set base for the much anticipated 2025 bull run.

Let us explore the coins and the reasons why they are buying in May.

Sui (SUI)

Sui was crowned the breakout king of April among the medium cap altcoins when it rallied by more than 60% in 30 days. The rebound helped it hit the highs of $3.86, for the first time in 12 months – effectively recovering the losses made in February and March.

Its strong technicals, especially have us convinced that it will likely sustain this uptrend this month. Note that it recently broke out of a bull flag pattern in a sharp breakout that was supported by massive trading volumes.

At the time of writing, though, this volume has tapered and SUI now faces strong resistance near $3.80-$4.00. If volume comes back, we expect SUI to break this resistance and make a run toward $4.20 – $4.70 before the end of May.

Solana (SOL)

Solana stormed into 2025 with a massive bull run that saw it set a new price record around $294. However, a series of scandals and negative macroeconomics forced an aggressive reversal that crashed it below $100. 

In April, however, the top altcoin started rebounding in April, rallying by 50% to climb above $150.

We are confident that Solana will continue rallying in May because most of the factors that forced it to crash have cooled off. Its technicals are also supportive of a rebound. 

Zooming out, you will realize that SOL breaks into a major uptrend every time after consolidation. This time should not be different and we expect the altcoin to break into a run after the two month consolidation period.

XRP (XRP)

Throughout, XRP was caught up in a consolidation phase, with its price ranging between $1.6 and $2.3. Different technical indicators have, however, been hinting at a potential breakout. 

The Moving Average Convergence Divergence (MACD) lines have, for example, started showing signs of life by coming into the bullish territory.

Though its RSI has dropped from the bullish zone of 60, it remains faintly bullish – standing around 53. 

The RSI is currently biased towards bullishness and we are confident that a single bullish sentiment such as an end to the trade war or ceasefire between Ukraine and Russia is all that XRP need to force a breakout.

In conclusion, SUI, SOL, and XRP have all shown strong signs of recovery, with solid technical setups and improving sentiment heading into May. They are all rebounding from deep corrections and are prepping for a possible surge.

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