Top Altcoins to Watch Next Week: LTC, SOL, and MATIC

• MATIC, LTC and SOL all escaped medium-term unfavourable traits over the previous 2 weeks.
• A bullish chart sample had shaped on LTC’s each day chart, which steered that it could break above a key resistance quickly.
• MATIC’s worth may proceed to rise this week after it broke above a medium-term unfavourable pattern line.

Because the week involves an finish, merchants and buyers could search to establish potential commerce alternatives within the coming 7 days. Three cryptocurrencies that might generate positive aspects for merchants are Litecoin (LTC), Solana (SOL) and Polygon (MATIC). These altcoins have been all in a position to escape medium-term unfavourable traits, opening up the potential for continued will increase of their costs. 

Litecoin (LTC)

A bullish chart sample had shaped on LTC’s each day chart over the previous 2 weeks. Subsequently, the altcoin’s worth could breach a key resistance degree by the course of the approaching week.

An ascending triangle had shaped on LTC’s each day chart after the altcoin’s worth printed larger lows over the previous 2 weeks. If this bullish sample is validated, then LTC may break above the bottom of the chart sample at $68.95 . Thereafter, a each day candle shut above this threshold may pave a manner for the cryptocurrency’s worth to proceed to rise to the following degree at $81.50.

Then again, if the bullish sample isn’t validated, then LTC’s worth may quickly retest the fast help degree at $62.80 within the coming week. Continued promote stress could even pressure the altcoin’s worth right down to the following mark at $57.40.

Solana (SOL)

A noteworthy bearish technical flag could set off on SOL’s each day chart within the subsequent few days. This might result in the Ethereum-killer’s worth breaking exterior of the consolidation channel it has been buying and selling in over the previous few days.

At press time, the each day RSI line was closing in on the each day RSI SMA line. This implies that patrons could also be shedding power after they have been in a position to increase SOL’s worth to above the $22.20 barrier final week. Since then, the altcoin’s worth had consolidated between $22.20 and $25.55.

Ought to the each day RSI line cross under the RSi SMA line, then it could fall again under the $22.20 mark. Thereafter, the cryptocurrency might be prone to dropping to the following essential help degree at $19.35 within the following 7 days.

Then again, if patrons establish SOL’s present worth as a purchase alternative, then it could try to problem the $25.55 threshold. Thereafter, continued purchase stress may elevate the cryptocurrency’s worth to as excessive as $29.30.

Polygon (MATIC)

MATIC was in a position to escape of a medium-term unfavourable pattern all through the final 2 weeks. Subsequently, the altcoin’s worth could proceed to rise within the subsequent few days.

MATIC escaped a dominant unfavourable pattern on 28 September 2023. This propelled the cryptocurrency’s worth to above the $0.5500 resistance degree, the place it continued to commerce at press time.

Ought to this bullish momentum proceed, MATIC’s worth may rise to the following barrier at $0.6500 within the coming week. Conversely, if MATIC closes a each day candle under the $0.5500 mark, then it could set off a wave of panic promoting – resulting in MATIC falling to $0.4970 within the coming week.