Best Altcoins to Invest in Today, May 5 – Ethereum, Uniswap, Ondo

Highlights:

• Ethereum tests key resistance near $2,375, with a breakout opening room toward $2,550.
• Uniswap holds strong above $3 support, signaling potential continuation toward the $4 resistance zone.
• Ondo breaks consolidation, with momentum building toward the next resistance near $0.35.

The crypto market is rallying on Tuesday, driven by progress toward resolving the prolonged dispute surrounding the Clarity Act. This optimism has led to a surge in the overall market capitalization and trading volume to $2.67 trillion and $155 billion, respectively. Moreover, market sentiment has shifted to neutral at 49.

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Following the broad market rebound, Bitcoin has reclaimed the $80K mark while leading altcoins trade in the green. As bullish sentiment prevails, let’s discuss the best altcoins to invest in today, including Ethereum, Uniswap, and ONDO.

Best Altcoins to Invest in Today

1. Ethereum (ETH)

Ethereum is trading at around $2,376, up 0.70% over the last 24 hours. The altcoin has been on a bullish ride recently, surging by 5% and 28% on the weekly and monthly charts, respectively. In addition, its trading volume has exploded by 20% to $20 billion.

Crypto analyst Ali Martinez has noted that Ethereum’s price is testing the channel’s upper boundary near $2,375 on the 4-hour chart. This level aligns with prior rejection zones across the descending range. The price recently pushed from mid-channel support around $2,290 toward this ceiling.

Ethereum $ETH has reached the top of its channel at $2,375.

This is a major area of resistance to watch; in previous instances, this level has triggered a rejection, sending ETH back to find support at the bottom of the channel.

Failure to clear this barrier could trigger a… pic.twitter.com/uTXDCnrv25

— Ali Charts (@alicharts) May 4, 2026

Should the price fail to break $2,375, Ali suggests a pullback toward the $2,210 support level. However, a strong daily close above resistance could shift the structure. In this case, Ethereum could rally roughly 7% toward $2,550, making it one of the best altcoins to invest in today.

2. Uniswap (UNI)

Uniswap is down by 1% on the daily chart, pushing the price to $3.33. This latest pullback follows the bullish momentum noted on the daily chart, which has seen the altcoin surge by more than 8%. Its market cap and trading volume stand at $2.10 billion and $225 million, respectively. 

Uniswap displays a strong technical pattern as the price breaks above the longstanding trendline on the daily chart. Support around the $3 region has held firm, suggesting that buyers defended demand levels as selling pressure weakened. 

Currently, the price is poised for a rally toward the $3.5 region and potentially breaking above the key rejection zone at $4. Moreover, the 14-day RSI indicates that the rally could continue, as it steadily rises above the neutral zone. Moreover, the MACD line has crossed above the signal line, indicating that the bulls currently have control. 

3. ONDO

ONDO is hovering around $0.3185, with a market cap of $1.55 billion and a trading volume of $245 million. The price is up by 3% and 20% on the daily and weekly charts. 

Looking at ONDO’s daily chart, the altcoin displays a robust bullish momentum as it breaks out of the consolidation zone. This prolonged consolidation phase has held since early February, when the market was heavily driven by volatile conditions. ONDO has now retraced above the immediate zone around $0.2967 and eyes the next resistance around $0.3519.

In addition, indicators such as the Chaikin Money Flow and Moving Average Convergence Divergence support the continuation of the rally. The CMF displays a positive reading, indicating increased buying pressure. Meanwhile, the MACD line is holding above the signal line in the positive territory, signaling a buying opportunity.

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