Global tensions have eased, leading to an upswing in the cryptocurrency market. Bitcoin (BTC) prices are steadily climbing, fueling hopes for a strong altcoin rally in May. The upcoming release of crucial economic data is expected to impact the market further. Investors remain focused on whether BTC can sustain its position above $97,000, a critical threshold for maintaining upward momentum. Ethereum (ETH), XRP, and ADA Coin are currently under scrutiny. While Ethereum continues to be influenced by network updates, historically weak performance despite positive developments raises questions. The ETHBTC pair has reached a historical low point, and a recovery remains elusive at this juncture. 1. A continued strong price in BTC is crucial for driving the altcoin rally led by Ethereum. Ethereum needs to break through resistance levels of $1,940 and $2,100 before achieving substantial momentum. Investors anticipate these level’s passing throughout May, leading to a potential surge towards $2,500. Previous analysis suggests $2,375 as a promising starting point for a rebound. Meanwhile, ADA Coin and XRP are benefiting from positive developments in the U.S. market. ADA Coin is expected to reclaim its psychological support at $1 this month. A strong buyer presence in the $0.77-$0.83 range suggests a clear emergence of bullish sentiment. Conversely, breaking below $0.7 could trigger tests near the $0.66 base level. The SEC’s new chairman and resolved lawsuit have significantly bolstered XRP Coin’s confidence. Notably, the CME futures listing on May 19th further reinforces its stability. A price reestablished above $2.35 could push it towards a range of $2.73 to $3.22.