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Cryptocurrency News Articles

Notable Dip in Bitcoin Dominance Prompts Interest in Altcoins

May 17, 2025 at 10:30 pm

A notable dip in Bitcoin dominance from its recent highs is prompting keen interest within the crypto community concerning which altcoins merit close attention

Notable Dip in Bitcoin Dominance Prompts Interest in Altcoins

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

Disclaimer:info@kdj.com

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Other articles published on May 18, 2025