Altcoin Market achieved a great success at the end of last week by penetrating $ 1.5 billion on the Bybit Stock Exchange, causing a sharp decrease in many Altcoins. However, traders are now optimistic about a strong recovery in Altcoin prices, after increasing Bitcoin towards a sign of $ 100,000. Next week, we can see promising movements in Solana prices, story, and ethereum.
Ethdenver can renew the ALTCOIN interest
ETHEREUM is the main altcoin that will be seen next week because it can lead the Altcoin Rally, especially with the Ethdeenver 2025 conference that starts on February 23.
This main event focuses on Ethereum and often provokes new projects, updates on class technology 2, and developments in decentralized financing (Defi). With the interest of institutions in Ethereum Staking and Rollups, any major ads or partnerships at the conference can significantly increase the value of Ethereum.
Moreover, the last ton of Sol ETF can help increase the price of Solana. In general, any organizational changes or news can pave the way to apostasy in Altcoin prices.
Solana price analysis
The encryption market returns back, which leads to a significant correction of the price for Sol after penetration byBit. Buyers currently send the price over the FIB channel by 23.6 %. Currently, Sol is trading at $ 171, as it has decreased by 0.2 % in the past 24 hours.
The SOL/USDT trading pair faces less than $ 180, indicating that sellers have strong control at this level. This may be a big barrier because short -term holders may continue to sell at this price. However, if the demand increases, buyers can exceed this level soon.
If the price drops below the EMA20 direction line on the graph for an hour, sellers may try to pay it to the support level of $ 160.
Meanwhile, with the RSI’s RSI index around 46, it may lead to a re -test of the Upper Resistance Channel. If the price remains over $ 180, it will be useful for buyers, and the price may lead to $ 219.
IP story price analysis
The story witnessed a remarkable decrease after buyers failed to maintain the 9 dollars. This decrease has weakened the buyer’s confidence to pay the price up. Currently, the IP price is traded at $ 4.46, after it has decreased by 0.4 % in the past 24 hours.
The IP/USDT trading pair aims to $ 5.3, but it may face great resistance, which may lead to a willingness to a range of $ 4. However, with the RSI index (RSI) in 48, around the midfield, the story price may continue to see a strong purchase interest.
If the price exceeds $ 5.3, it may continue to correct $ 6.9. On the other hand, if it is less than $ 4.1, the price may decrease to about 3 dollars.
Ethereum prices analysis
The Ethereum price is firmly recovered after penetration byBit. Buyers paid ETH price to the main level of $ 2800. As of writing this report, the ETH price is trading at $ 2,826, with more than 2.3 % in the past 24 hours.
If ETHER moves to below EMA for $ 20 at $ 2,737, sellers may try to lead the ETH/USDT pair less than $ 2,500. If it succeeds, the price can decrease to $ 2,400 and may decrease to $ 2,300.
On the contrary, if the price rises above 2,850 dollars, it may reach the downward trend line. Although sellers are likely to defend this level, if buyers succeed in hacking, the husband may rise about 3300 dollars.
