3 Altcoins to Watch as SKYAI Surges 300% in the First Week of May

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3 Altcoins to Watch as <a href="https://jpyeur.com/skyai-usd/">SKYAI</a> Surges 300% in the First Week of May

In the first week of May 2026, three altcoins showed significant positive movement. SkyAI surged by 358% in a week, Dash reversed a six-month downward trend, and Ondo Finance broke out of a three-month trading range. If these gains continue, all three could see further price increases.

Looking at daily and weekly charts, the three tokens show comparable signs of potential price increases, though the expected extent of those increases varies. Here’s a breakdown of the technical patterns and key price levels traders are focusing on as we move further into the second quarter.

SkyAI (SKYAI) Targets $4.56 If Exponential Curve Holds

On May 4th, SkyAI (SKYAI) reached a new high of around $0.68. This peak followed a rapid price increase, starting from a low of $0.03 on February 8th.

The price chart uses a special scale (logarithmic) to better display the significant price changes that occurred over a short period – it increased more than 20 times in just 90 days. When the price dips slightly, buyers quickly return, and the upward-trending blue line now serves as a kind of automatic support level.

The Daily RSI is showing positive momentum, and there are no signs of it weakening. The MACD indicator also confirms this strength, with increasing green bars signaling continued upward movement.

The price is likely to move towards one of two key levels. It could find support around $1.57, based on Fibonacci retracement analysis, or potentially rise to $4.56, as indicated by a Fibonacci extension.

If the current trendline breaks down, the price could fall to around $0.21, and potentially even lower to $0.10. This token is benefiting from the recent surge in interest towards smaller AI-related cryptocurrencies, a trend that began in April.

Cryptoknight890, a trader, identified two potential scenarios where the price might fall on the 4-hour chart. They’ve marked resistance levels at $0.50 and $1.00, suggesting the price could drop further before potentially rising again.

Dash (DASH) Eyes $55 After Daily Trendline Break

On May 4th, Dash (DASH) saw a significant price increase of 23.73%, reaching $48.55. This jump challenged a downward trend that had limited its growth since November 2025, when it peaked at $150. For the past six months, this trendline had consistently stopped any attempts at a price increase.

Trading volume surged to its highest level since early February with today’s strong price increase. If the price stays above $51, it would confirm the breakout and suggest this upward trend is likely to continue.

The price is currently facing resistance near $48, which was the high point reached on April 11th. If it breaks through that level, the next significant resistance area is around $54.45, a key level based on Fibonacci retracement analysis.

The price recently reached $93 in November, and that level is now a key target for further gains. The Relative Strength Index (RSI) has moved into overbought territory, and the Moving Average Convergence Divergence (MACD) indicator is showing a positive signal, suggesting upward momentum.

If Dash fails to break through its current resistance level, it could fall back to around $30.49, which is seen as a key support level. This situation is similar to a price increase we saw with Dash earlier in the year.

A user on Cryptclay has been tracking a potential bullish pattern, noting a higher low each week and the formation of an inverse head and shoulders. If this pattern continues, potential price targets are $62, $91.35, $135.40, and $236.15, supported by a key trendline that has acted as both support and resistance.

Ondo (ONDO) Breaks Out Toward $0.36 First Resistance

On May 4th, Ondo (ONDO) experienced a price increase, breaking out of a trading range it had been in for three months. The token had been fluctuating between $0.245 and $0.295 since February.

The price surged with increased trading activity. Initial resistance is around $0.36, and a stronger selling point is expected near $0.45.

The analysis suggests the price could rise around 19% to the first target and 50% to the second, starting from its current breakout level. The daily Relative Strength Index (RSI) is now showing positive momentum, and a recent bullish crossover in the Moving Average Convergence Divergence (MACD) indicator further confirms this upward trend.

The price needs to establish support at around $0.29, turning what was previously a resistance level into a foundation. If the price falls back below this level and closes within its previous trading range, the recent upward movement will likely be canceled.

In the first quarter of the year, Ondo Finance generated $13.26 million in revenue and held $3.58 billion in total value. These strong financial results support the company’s positive technical outlook. Ondo Finance was a leading force in driving growth within the real-world asset market earlier this year.

Trader DonWedge has confirmed a breakout, meaning the price has moved above a previous resistance level, which is now acting as support. The accompanying chart illustrates this move, showing the price breaking out of a four-month trading range.

Traders have seen promising opportunities in the first week of May with three different types of smaller cryptocurrencies: those focused on artificial intelligence, privacy, and real-world assets. How these perform in the coming days will indicate whether this positive trend continues or loses momentum later in the month.

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2026-05-05 00:36