Bitcoin (BTC) surged 15% in May, hitting a new all-time high of $111,980 on May 22. But for once, it wasn’t just a Bitcoin show.

After months of underperformance, altcoins finally caught a bid.

Bitcoin’s dominance dropped 5% in under a week and is down 1% for the month, as several altcoins posted outsized gains and stole market share.

In this article, we’ll highlight three altcoins that not only outpaced Bitcoin in May but could rally even further if BTC continues its climb.

Altcoins That Can Break Out

Three altcoins stand out as potential breakout candidates if Bitcoin pushes toward new highs: Zcash (ZEC), Monero (XMR), and Bitcoin Cash (BCH).

The first two—ZEC and XMR—are privacy-focused tokens that have already begun to separate themselves from the broader market.

Both saw strong performances in May, outpacing Bitcoin’s gains during key periods.

The third, Bitcoin Cash, is a direct fork of Bitcoin and tends to mirror its movements closely.

While its gains have been less dramatic, BCH has held pace with BTC throughout May.

All three saw similar price trajectories early in the month, but a notable divergence occurred on May 21, when both Monero and Zcash broke out, accelerating beyond Bitcoin’s growth rate.

While Bitcoin Cash hasn’t posted the same parabolic rise, it continues to show strength and correlation with Bitcoin’s moves.

With strong relative performance in May and bullish formations on their BTC pair charts, these altcoins could be poised for significant upside if Bitcoin breaks into uncharted territory.

ZEC Price Targets $100

Zcash has struggled since its 2021 high of $372. ZEC fell under a descending resistance trend line, losing over 95% of its value until it reached a low of $15.78.

The decline was especially worrisome since it triggered a breakdown from a key support level of $23.50.

However, the price of ZEC regained its footing (black circle) and reclaimed the support area, confirming the previous decline was a deviation.

Then, in April 2025, ZEC broke out from a descending resistance trend line and validated it as support (green icon).

At press time, ZEC has increased and is halfway to its primary resistance at $100.

Technical indicators are also turning bullish.

The Relative Strength Index (RSI) is above 50, and the Moving Average Convergence/Divergence (MACD) made a bullish cross (black circles).

If Bitcoin posts new highs, ZEC will likely flip the $100 price level.

New XMR All-Time High

Since the start of 2024, the XMR has steadily increased inside an ascending parallel channel. 

However, that changed in April 2025, when XMR bounced at the channel’s support trend line for the final time and started a parabolic rally.

The Monero price confirmed its bullish trend with a breakout from the parallel channel and currently trades inside the $400 resistance area.

If XMR breaks out, it will likely reach a new all-time high and move to price discovery.

Technical indicators show overbought levels but no weakness since neither the RSI nor the MACD has generated bearish divergences.

As a result, the XMR price could follow Bitcoin to a new all-time high.

Can BCH Price Break Out?

The final altcoin that can outperform Bitcoin is Bitcoin Cash.

While BCH has fallen under a descending resistance trend line since 2018, it seems ready to break out.

BCH has made four unsuccessful breakout attempts and is gearing up for the fifth.

The wave count is decisively bullish, showing a completed five-wave upward movement (green) and an A-B-C correction (red).

If the count is accurate, BCH has begun the next portion of its upward movement, triggering a breakout.

Technical indicators support this outlook. The RSI is above 50, and the MACD is positive, both trending upward.

If the BCH price breaks out, it could quickly ascend to the next resistance at $1,600.

These Altcoins Could Soar

ZEC, XMR, and BCH performed admirably in May, keeping pace with and even outperforming Bitcoin.

They all have bullish formations, which can lead to massive increases as long as the Bitcoin trend is bullish.

So, if Bitcoin continues reaching new highs, these three altcoins could quickly go parabolic.

Disclaimer:
The information provided in this article is for informational purposes only. It is not intended to be, nor should it be construed as, financial advice. We do not make any warranties regarding the completeness, reliability, or accuracy of this information. All investments involve risk, and past performance does not guarantee future results. We recommend consulting a financial advisor before making any investment decisions.

Was this Article helpful?


Yes



No