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<p>The post <a rel="noopener noreferrer nofollow" href="https://coinpedia.org/altcoin/top-altcoins-to-watch-next-week-worldcoin-wld-polygon-matic-and-solana-sol-may-steal-the-show/">Top Altcoins To Watch Next Week: Worldcoin (WLD), Polygon (MATIC) And Solana (SOL) May Steal The Show</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://coinpedia.org">Coinpedia Fintech News</a></p> 
<p>The altcoin sector has been showing signs of recovery over the past week, following Bitcoin’s price breaking through the significant $26,500 threshold due to increased buying interest. At present, investor focus seems to be shifting towards altcoins, as numerous tokens—including key metaverse coins—have experienced a price uptick this week. This could potentially trigger a new wave of buying momentum, which may send Worldcoin, MATIC, and Solana to new resistance levels.</p> 
<h2 class="wp-block-heading" id="h-altcoin-season-index-climbs-above">Altcoin Season Index Climbs Above&nbsp;</h2> 
<p>In the last fortnight, the metric for altcoin season has seen a significant uptick from its previous lows. Data from Blockchain Center indicates that the altcoin index has soared from a low of 16 to a high of 43, outperforming Bitcoin season metrics in the process.&nbsp;</p> 
<figure class="wp-block-image"> 
 <img decoding="async" src="https://lh5.googleusercontent.com/nccS55b-G6iqRxKud58CH1-g42kPT0KHm7teTiP5xwpiqf0ZG6pCD2l-CUUQSPrfX9UsmAJuLxKias_u6y0JaXxzHhhGx93upvfDD8WNDvYJP9ddI9QiUQR17w2xZYciyFxcd2Oz62YFwBVbAfmEKXA" alt=""> 
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<p>This increase strengthens the <a href="https://coinpedia.org/altcoin/altcoin-market-could-see-a-30-drop-top-5-altcoins-for-potential-gains/" rel="noopener noreferrer nofollow">outlook for altcoins</a> in the coming week, suggesting a potential bullish rally ahead.</p> 
<h3 class="wp-block-heading" id="worldcoin-wld-price-analysis">Worldcoin (WLD) Price Analysis</h3> 
<p>Worldcoin successfully surpassed and closed above its 200-day Exponential Moving Average (EMA) of $1.3, signaling a potential slowdown in its downward trend. However, bears triggered a reversal from a high of $1.7, suggesting selling domination at higher levels.&nbsp;</p> 
<figure class="wp-block-image"> 
 <img decoding="async" src="https://lh5.googleusercontent.com/1nNI8QwQA1hWvMjxoqtqcMAwbrq8eTlOLo92q7J2LsKBhbBbX2gFHzjKN65cMEvohraMqHaTkLVFbUGJwRJPOzkNmAn9DSyQoCzwfrkchyvkJZF86z5o3hkBW-FG0DJr6bP5UmT7H8lUJ_Z6TPsujtc" alt=""> 
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<p>The 20-day EMA appears to be stabilizing, and the Relative Strength Index (RSI) is hovering around the overbought region. This suggests that Worldcoin could soon face a correction.&nbsp;</p> 
<p>For bulls to hold control, they would need to drive the price above $1.7. Such an action would indicate that investors are buying more at a higher price, potentially leading to a retest of the robust resistance level at $1.82.&nbsp;</p> 
<h3 class="wp-block-heading" id="polygon-matic-price-analysis">Polygon (MATIC) Price Analysis</h3> 
<p>Polygon’s MATIC token faced resistance near the downward line at $0.53. However, the bears are facing trouble sustaining the downward momentum as buyers prepare for a rebound above the 20-day EMA.&nbsp;</p> 
<figure class="wp-block-image"> 
 <img decoding="async" src="https://lh4.googleusercontent.com/iAdgPUS-3UpeIrdMb43uVdMtZ-NDmH5PqjhjXP_uY7eHRmJOU4sFjjG8GnYLG2wmtlvOBHbigRPm8QsEUkRR3XalMJwhvJJ2umlUSaVrZme66MZu1E3yksUmCHOkB3UpBak6_0Q-177fPvnGbl8frsA" alt=""> 
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<p>The bears are likely to try to halt this recovery at the 20-day EMA and pull the price back under $0.5. If successful, this could mark the continuation of the bearish trend, potentially driving the MATIC price down to $0.43.</p> 
<p>However, the surging moving averages are favoring buyers next week. If buyers successfully break through the trend line, the price could rise to $0.603.</p> 
<h3 class="wp-block-heading" id="solana-sol-price-analysis">Solana (SOL) Price Analysis</h3> 
<p>In the past few days, the price of <a href="https://coinpedia.org/altcoin/raoul-pal-revels-best-altcoin-to-invest-in-2024-says-solana-has-the-highest-potential/" rel="noopener noreferrer nofollow">Solana’s SOL token</a> has successfully broken above a bullish pattern. Currently, it’s approaching the 100-day Exponential Moving Average (EMA) at $19.3, a point that sellers are aggressively defending.</p> 
<figure class="wp-block-image"> 
 <img decoding="async" src="https://lh5.googleusercontent.com/Yk-9G2-164xijagodfuuNb0YrD7sCWXBuYUeNgvIE6neuyBjnx9CEh7DJwig4ASqxgkV_uKbD9RX7Jhw20i90DZpYj7nvF5-P6Xn2vR318MUjUIwFxSTPbkOyoJFCJNrDWjvvCqA6yjTha-xqqGjB1Q" alt=""> 
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<p>If buyers manage to push the price above the EMA200 next week, the altcoin’s price could aim for the next resistance level at $22.13. While this level is anticipated to be a challenging barrier, breaking through it could pave the way for a rise to $25.5.</p> 
<p>Conversely, if the price reverses direction upon hitting the 200-day EMA, it would indicate declining buying demand. In such a scenario, sellers may attempt to reignite the downward trend and pull the price towards the crucial support level of $17.3.&nbsp;</p>

Top Altcoins To Watch Next Week: Worldcoin (WLD), Polygon (MATIC) And Solana (SOL) May Steal The Show

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