Altcoins Poised for Gains as Bitcoin Dominance Drops

As Bitcoin's dominance wanes, the crypto community is closely monitoring several altcoins that could see significant price movements in the coming week. Historically, a decline in Bitcoin's market share has often preceded strong rallies in altcoins, with Ethereum and Solana already showing upward trends. Among the altcoins to watch are Solana (SOL), SUI, HBAR, TIA, DEEP, and FET, each at critical technical junctures.

Solana (SOL) is currently holding support around $166, with resistance levels between $173 and $182. The price has been moving sideways for about a week and could remain in this range over the weekend. If Solana breaks below $166, it could confirm the next downward move, continuing the larger correction. However, a short-term bounce is possible, and the price could push slightly higher before potentially turning lower again.

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.

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.

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.

In summary, the dip in Bitcoin's dominance has shifted focus to several altcoins that are at critical technical levels. Solana, SUI, HBAR, TIA, DEEP, and FET are all poised for potential price movements, with key support and resistance levels to watch in the coming week. As the crypto market continues to evolve, these altcoins could see significant gains if they break through their respective resistance levels.