Daniel Markson identifies 3 altcoins with all-time high potential in May

Analyst Daniel Markson has released his projections on the altcoins that could lead the crypto rally this May. Learn about the key support and resistance levels.

According to the analyst, the cryptocurrency market is in the midst of a transition phase where Bitcoin's dominance is beginning to give way to altcoins with specific value propositions.

Markson, a Web3 strategist and L2 ecosystem specialist, predicts that May will be a pivotal month for the price structure of various altcoins that, unlike the rest of the sector, are trading near their all-time highs. 

The analyst argues that three specific crypto assets are showing superior relative strength compared to their peers, placing them in what is technically known as price pre-discovery zones. 

In a recent analysis, the expert emphasized that this phenomenon occurs when an asset exhausts historical selling pressure and seeks to establish unprecedented valuation levels. His projections point to the independence of these tokens from Bitcoin's fluctuations, suggesting that institutional capital and actual network usage are dictating the trend over retail speculation. 

The strategist emphasizes that these movements are supported by organic catalysts, from the flow of stablecoins to the systematic burning of token supplies.

Tron and the liquidity of stablecoins on Justin Sun's network

The first altcoin that Markson highlights as having the potential to surpass all-time highs this May is Tron (TRX)This blockchain network, created by Justin Sun, remains one of the most resilient infrastructures in the ecosystem thanks to its dominant role in global value transfer. 

Web3 analyst notes that the TRX token found solid technical support at $0,32, a level that coincides with the Fibonacci retracement and validates the medium-term bullish structure. The health of this asset depends directly on its ability to process stablecoin transactions, the supply of which on this chain recently reached record levels. This constant flow generates a TRX organic demand for the payment of commissions and the obtaining of energy within the network, acting as a buffer against external volatility.

If TRX breaks through the $0,35 barrier, it could enter an expansion phase free of previous resistance. report The analyst's view suggests that the current accumulation reflects optimism based on the protocol's actual utility, distancing itself from the empty narratives that often inflate other assets. 

Sun's network currently processes settlement volumes that rival traditional payment systems, giving TRX the profile of an infrastructure asset rather than a mere medium of exchange. 

According to Markson, if the $0,32 support level holds firm during the first half of May, the probability of testing new all-time highs increases considerably, provided that the macroeconomic environment for digital assets does not suffer an unexpected systemic setback.

Deflation and institutional exposure are driving WhiteBIT Coin

The second token highlighted by the Web3 analyst is WhiteBIT Coin (WBT)Markson argues that this altcoin presents a distinct technical configuration, characterized by prolonged consolidation in the $54 range. 

This token, linked to a platform that has sought legitimacy through strategic alliances with elite sports entities such as JuventusIt operates under a programmed scarcity model. According to Markson's observations, the quarterly token burns are effectively reducing the circulating supply, generating constant upward pressure if demand remains stable. At the time of writing, the token's price is just 16% below its peak, a level the analyst considers achievable in the short term.

Based on his analysis, the expert argues that the $57 zone acts as the technical trigger for a move toward $64,41. He warns that daily closes above that resistance would confirm seller exhaustion. 

Unlike other platform tokens, WBT has shown a low correlation with sharp pullbacks in Layer 1 tokens, indicating that its holder base is primarily composed of users seeking profits within its specific ecosystem. According to Markson, this type of behavior often precedes sharp upward breakouts, as liquidity in order books tends to be scarce near all-time highs. 

In summary, the combination of media exposure and a restrictive monetary policy within the protocol positions this altcoin as an indicator of the appetite for digital financial services assets.

Hyperliquid and the rise of DEXs

The third altcoin with the potential to reach a new all-time high this month, according to Markson, belongs to the decentralized finance (DeFi) sector. It is... Hyperliquid (HYPE), an asset that has managed to capture a significant market share by offering an experience of perpetual futures trading which matches the speed of centralized platforms. 

The HYPE token is currently testing a critical trendline at $40, a point experts consider the boundary between a healthy correction and structural weakness. On-chain volume metrics show that this platform continues to attract high-volume traders who prioritize self-custody of their assets, strengthening the protocol's value proposition against its direct competitors.

The strategist's target for this asset is $59,41, its current all-time high. To reach this price, HYPE must demonstrate that its dominance in DEX trading volume is not a temporary phenomenon. Capital efficiency and the platform's low fees are the drivers that, according to the analysis, will propel the price recovery. 

Markson concludes that, while the investor's viewpoint is optimistic, the inherent volatility of the DeFi sector demands constant monitoring of support levels. 

With his analysis, the expert seeks to offer an interpretation of the data that the market provides in real time, emphasizing that the technical viability of HYPE as an infrastructure for derivatives will be the determining factor that defines whether May is the month in which this protocol achieves its price rediscovery.