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<p>The post <a rel="noopener noreferrer nofollow" href="https://coinpedia.org/altcoin/top-altcoin-picks-for-next-week-ripple-xrp-binance-coin-bnb-and-litecoin-ltc-prices-to-reach-breakout-moments/">Top Altcoin Picks For Next Week: Ripple (XRP), Binance Coin (BNB) And Litecoin (LTC) Prices To Reach Breakout Moments</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://coinpedia.org">Coinpedia Fintech News</a></p> 
<p>The previous week witnessed a downturn in the altcoin market, with top altcoins experiencing significant declines after failing to sustain higher levels. Despite the initial bullish sentiment and buying opportunities brought by <a href="https://coinpedia.org/news/ripple-sec-lawsuit-update-top-reasons-why-secs-appeal-against-xrp-might-fail/" rel="noopener noreferrer nofollow">Ripple’s victory</a>, it appears that the majority of traders have now pivoted towards bearish positions. As a result, prominent altcoins, including Ripple’s XRP, Binance Coin (BNB) and Litecoin (LTC), are heading toward a make-or-break moment next week.&nbsp;</p> 
<h2 class="wp-block-heading" id="h-here-s-what-altcoin-traders-can-expect-next-week">Here’s What Altcoin Traders Can Expect Next Week</h2> 
<p>The past week saw the crypto market experiencing extreme fluctuations, with prices soaring to unexpected highs only to drop to distressing lows within a matter of hours. Furthermore, Bitcoin was unable to sustain the optimism of bullish investors as its price sharply fell below the psychological $30K threshold. However, if Bitcoin continues to hover below the $30.5K mark in the coming week, a significant <a href="https://coinpedia.org/altcoin/ripple-news-update-xrp-is-leading-this-altcoin-season-overtaking-bitcoin-says-ben-armstrong/" rel="noopener noreferrer nofollow">shift is anticipated</a>. This could prompt investors to redirect their investments towards altcoins, potentially driving up their prices.&nbsp;</p> 
<h3 class="wp-block-heading" id="ripple-xrp-price-analysis">Ripple (XRP) Price Analysis&nbsp;</h3> 
<p>Bullish investors managed to drive XRP beyond the key resistance level of $0.85 but failed to maintain this momentum.</p> 
<figure class="wp-block-image"> 
 <img decoding="async" src="https://lh3.googleusercontent.com/I6-xGLz2CSUNCBvL9E12ZneNjGx1wIt0yGg1DB88od2e6T2aRt6E3XkUHLSKUF3enP0IwL0vvS-rAUCl2UPVjMlyDXMYnAB1hZeGwFAP4H8UkUwSHy6ZADL_6UMq42lYf7REldZijq7aTz1-zAF6QIk" alt=""> 
</figure> 
<p>This situation tempted short-term bulls to cash in their profits, while aggressive bears started opening short positions. The bears will aim to drag the price towards the 50-day EMA support level at $0.74.</p> 
<p>If the price bounces back from this level, the XRP price could continue to fluctuate within the $0.75 to $0.85 range for a while.</p> 
<p>A successful break and closure above $0.85 might pave the way for a potential retest of $0.93. Conversely, a fall below $0.74 could plunge the price to $0.55.</p> 
<h3 class="wp-block-heading" id="binance-coin-bnb-price-analysis">Binance Coin (BNB) Price Analysis</h3> 
<p>BNB remains within the confines of the symmetrical triangle pattern, indicating a state of uncertainty between bullish and bearish traders.</p> 
<figure class="wp-block-image"> 
 <img decoding="async" src="https://lh4.googleusercontent.com/pt8GWvyYkuk2GPwVEe-rw54swpfk77jJ7lHFIHKQKvJqbjmgw660K_ooBTaadvvKNITqzosU3R8fugIhBGhk2Udf0ot6TrRVknnvoU8ahgOYZbcqZhuc991Wjnr9_3KwhNtgeBioLyKm9O_IUiFbW10" alt=""> 
</figure> 
<p>The symmetrical triangle is generally seen as a continuation pattern, but there are instances where it can act as a breakout pattern. The relatively flat 20-day EMA and the Relative Strength Index (RSI) hovering around the midpoint do not provide an advantage to either the bulls or the bears.</p> 
<p>If the buyers manage to push the price above the triangle, the BNB price could ascend to the next resistance at $285. This resistance level is crucial to monitor as surpassing it could pave the way for a potential surge to $300.</p> 
<p>For the bears to take control, they would need to pull and maintain the price below the triangle. If the $235 support level collapses, the selling pressure could intensify to $220.&nbsp;</p> 
<h3 class="wp-block-heading" id="litecoin-ltc-price-analysis">Litecoin (LTC) Price Analysis&nbsp;</h3> 
<p>Litecoin’s price has been fluctuating within the moving averages, indicating market uncertainty. Despite buyers’ attempts to push the price above the 100-day EMA, sellers have resisted, aiming to establish this as a resistance level.&nbsp;</p> 
<figure class="wp-block-image"> 
 <img decoding="async" src="https://lh6.googleusercontent.com/tKOul0ldiYw2fDRdXfn9Oxe7usEpqGxkxFOhQn5BjZyzoLg5mpU-yJiKfgByj7aKEpfsu6F7ltvjggaFbG0X5PbKQ1gBVPQRUiJ0_Q39vS8TEkJIfGQsFpEO7Y30G7TvqEfVD_YxrcfQep51d5kQiaE" alt=""> 
</figure> 
<p>If the LTC price falls below the crucial support of $89, selling pressure could intensify, potentially driving the LTC price down to $81. However, if the price surpasses $96, a relief rally of up to $106 could occur.</p>

Top Altcoin Picks For Next Week: Ripple (XRP), Binance Coin (BNB) And Litecoin (LTC) Prices To Reach Breakout Moments

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