- Altcoins to watch next week: SOL, SUI, HBAR, TIA, DEEP, FET amid dipping BTC dominance.
- Solana (SOL) holds $166 support, a key level to watch for its price action next week.
- SUI, HBAR, TIA, DEEP, FET also at critical technical junctures for next week’s trading.
A notable dip in Bitcoin dominance from its recent highs is prompting keen interest within the crypto community concerning which altcoins merit close attention next week. In past cycles, a decline in Bitcoin dominance often led to strong altcoin rallies. Coins like Ethereum, Solana, and other altcoins have already shown some upward movement. Here are top altcoins to watch this week:
Solana (SOL): Key Levels and Outlook for the Coming Week
First among the altcoins to watch next week is Solana (SOL), which is currently holding support around $166 and may be starting a short-term bounce. The price has been moving sideways for about a week and could remain in this range over the weekend.
Resistance lies between $173 and $182, and the price could still push slightly higher before potentially turning lower again. If Solana breaks below $166, it could confirm the next downward move, continuing the larger correction.
SUI: Post-Bounce Momentum Crucial for Next Week’s Performance
SUI recently bounced from the support zone between $3.64 and $3.74, but the bounce hasn’t been strong enough to confirm a bullish breakout. A short-term rally could push the price up to the $3.95–$4.21 resistance zone.
However, this bounce is likely just a part of a bigger correction, not a full trend reversal.
HBAR: Support Test Likely Before Further Upside Next Week
HAR recently broke out of a bearish pattern and made a strong move upward from its April low. Key support lies between $0.142 and $0.181, and price may still dip into this zone before moving higher.
A resistance area to watch during the bounce is around $0.21 to $0.224. If the price drops below $0.142, it could delay the next rally.
Other Altcoins on Next Week’s Radar: TIA, DEEP, FET Technicals
- TIA (Celestia) saw a sharp rise from $2.80 to $3.15, attracting trader attention. However, it has since pulled back to around $2.64. The price is now consolidating near support. A clear move above $2.85 could trigger a quick rally.
- DEEP (DeepBook) surged after its Binance Futures listing on April 22, briefly doubling in price. It’s now trading near $0.17, down 4%, and approaching strong resistance at $0.25–$0.26 — a level last tested in February. Its Upbit listing also added fuel to its momentum.
- FET (Artificial Superintelligence Alliance) is currently consolidating around key support at $0.75. The upper resistance sits at $0.90, and a breakout above $1 could spark a strong upward move.
Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.