Analysts identify 3 cryptocurrencies that will surpass bitcoin in May

Bitcoin is the largest cryptocurrency in the world, but even altcoins can outperform the flagship token. This is the opinion of BeInCrypto analysts who have identified 3 altcoins that have the potential to outperform BTC in May.

Binance Coin (BNB)
The price of Binance Coin has been in a state of consolidation for more than a month and a half, trying to close above $ 640. The altcoin failed to do so, remaining trading in the range of $ 560 to $ 620.

However, BNB has the advantage of investor support and bullish market signals. The exchange’s native token is less than 16% off its all-time high of $ 686. Overcoming it will allow Binance Coin to mark further growth. Consistent consolidation is also possible and could prolong the wait for a new ATH.

PEPE (PEPE)
Despite the stiff competition from dogwifhat (WIF), Pepe (PEPE) surprised the market with its recent rally. Over the past three months, the frog meme coin has grown by 586%. If the token stays above the 50-day exponential moving average (EMA), PEPE could regain support.

Tron (TRX)
The price of Tron has bounced off a low of $ 0.109, narrowly avoiding the formation of a «death cross». This bearish phenomenon occurs when the 200-day SMA crosses the 50-day SMA. However, the sudden jump in Tron’s price led to the avoidance of this death cross. This opened TRX up to rally potential as the Relative Strength Index (RSI) is in a bullish zone.