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3 Bullish Altcoins Predicted to Outshine Bitcoin (BTC) in February

Published
Valdrin Tahiri
Published
By Valdrin Tahiri
Edited by Ryan James

Key Takeaways

  • Bittensor (TAO) broke out from a long-term resistance trend line.
  • ONDO’s price bounced at a horizontal support area and broke out.
  • Monero (XMR) has created a long-term double-bottom pattern.

January was a mixed month for the cryptocurrency market. Bitcoin (BTC) outperformed altcoins, as evidenced by the nearly 2% rise in the Bitcoin Dominance Rate (BTCD). This went contrary to the potential bearish BTCD trend that started in November 2024, when BTCD fell over 3%. Despite its increase, BTCD has not moved above its cycle high yet, and the bearish engulfing candlestick created in November is still intact.

While most major altcoins underperformed Bitcoin, especially Ethereum (ETH), there were some exceptions, such as Raydium (RAY), XRP, and XDC Network (XDC), which increased nearly 50% compared to Bitcoin’s 12%.

This article will analyze three altcoins with bullish charts against Bitcoin (BTC), meaning they can outperform it in February.

TAO Price Breaks Out

The TAO price had fallen under a descending resistance trend line since October 2024. The trend line caused numerous rejections, the most recent in January 2025 (black icon). The rejection led to a low of ₿0.0034, briefly causing a breakdown below the ₿0.0037 horizontal support area, which has existed for over six months.

However, the TAO price regained its footing shortly afterward (white icon) and reclaimed the support area. More importantly, it broke out from the resistance trend line, which had existed for 107 days at that point.

TAO Price Breakout
TAO/BTC 3-Day Chart | Credit: Valdrin Tahiri/TradingView 

A bullish divergence in the Moving Average Convergence/Divergence (MACD) green preceded the breakout, increasing its legitimacy. If the upward movement continues, the next resistance will be at ₿0.0071, an increase of 65% from the current TAO price.

ONDO Bounces at Support

Similarly to TAO, the ONDO price had fallen under a descending resistance trend line since Dec. 16, 2024. The downward movement led to a low of ₿0.000011, briefly causing a breakdown below the ₿0.000013 horizontal support area.

However, the price showed resilience by bouncing (white icon) and reclaiming the horizontal area. Shortly afterward, ONDO broke out from the resistance trend line, confirming that the correction is over.

The Relative Strength Index (RSI) and MACD legitimize this movement since the former crossed above 50, while the latter just moved above 0 after making a bullish cross. Both are considered positive signs.

ONDO Breakout
ONDO/USDT Daily Chart | Credit: Valdrin Tahiri/TradingView 

If the ONDO increase continues, the price can increase by another 20% and reach the ₿0.000018 horizontal resistance area.

XMR Creates Bullish Pattern

The final altcoin that has a bullish chart against Bitcoin is XMR. Similarly to TAO and ONDO, XMR broke out from a long-term descending resistance trend line.

However, the XMR price did not immediately begin an upward movement. Rather, it fell to its pre-breakout level and created a double bottom, which is considered a bullish pattern.

The pattern was combined with a bullish divergence in the weekly RSI and MACD (green). Bullish divergences in such a high time frame are rare and often lead to bullish trend reversals.

Monero Bullish Pattern
XMR/BTC Weekly Chart | Credit: Valdrin Tahiri/TradingView 

If this is the case for XMR, the price can increase by 80% and possibly 170%, reaching the next closest resistances at ₿0.0038 and ₿0.0057.

Altcoins Bullish vs Bitcoin

TAO, ONDO, and XMR are three bullish altcoins that could outperform Bitcoin (BTC) in February. Because of their bullish charts, these altcoins can begin upward movements in their BTC pairs.

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.
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Valdrin Tahiri

Valdrin discovered cryptocurrencies while getting his MSc in Financial Markets from the Barcelona School of Economics in 2017. He has been an avid investor and trader since. Valdrin has written for several cryptocurrency media companies such as BeInCrypto and CoinGape.
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