Ethereum

SOL ETF

Story

<p>The altcoin market took a severe hit last weekend with a <a href="https://coinpedia.org/news/biggest-crypto-hack-in-history-market-crashes-after-bybit-faces-1-5-billion-eth-hack/" rel="noopener noreferrer nofollow">$1.5 billion hack on the Bybit exchange</a>, causing a sharp decline in several altcoins. However, traders are now bullish about a strong recovery in altcoin prices, following Bitcoin's surge toward the $100K mark. In the upcoming week, we could see promising movements in the prices of Solana, Story, and Ethereum.</p>  
<h2 class="wp-block-heading" id="h-ethdenver-could-trigger-renewed-altcoin-interest">ETHDenver Could Trigger Renewed Altcoin Interest</h2>  
<p>Ethereum is the main altcoin to watch next week as it could lead the altcoin rally, especially with the ETHDenver 2025 conference starting on February 23.</p>  
<p>This major event focuses on Ethereum and often sparks the introduction of new projects, updates on Layer 2 technology, and developments in decentralized finance (DeFi). With increasing interest from institutions in Ethereum staking and rollups, any major announcements or partnerships at the conference could significantly increase Ethereum's value.</p>  
<p>Moreover, the recent buzz around the SOL ETF could help boost Solana's price. Overall, any regulatory changes or news could pave the way for a rebound in altcoin prices.</p>  
<h3 class="wp-block-heading" id="h-solana-price-analysis">Solana Price Analysis</h3>  
<p>The crypto market is bouncing back, leading to a significant price correction for SOL after the Bybit hack. Buyers are currently sending the price above the 23.6% Fib channel. Currently, SOL is trading at $171, having dropped by 0.2% in the last 24 hours.</p>  
<figure class="wp-block-image"><img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXeRSXvc0o9HuS1cSLeXvp64EDTxe2TQ5qP9lzBDN6fvju3UkLeKR7mzKcVsl1wF7_c27lciYRRUV20N9EbDJCTxLoOU4-mKsOblel9BrXamIAqEud1TyZZ8iGZiP9CfppRB6MBRCQ?key=QGR1FuFwCwoh7XcjrkgWFRvt" alt="">
</figure>  
<p>The SOL/USDT trading pair is facing challenges under $180, showing that sellers have strong control at this level. This could be a significant barrier as short-term holders might keep selling off at this price. However, if demand increases, buyers could potentially push past this level soon.</p>  
<p>If the price drops below the EMA20 trend line on the 1-hour chart, sellers might attempt to drive it down to the $160 support level.</p>  
<p>Meanwhile, with the Relative Strength Index (RSI) hovering around the midline at 46, it could lead to a retest of the upper resistance channel. If the price stays above $180, it would be advantageous for buyers, possibly driving the price up to $219.</p>  
<h3 class="wp-block-heading" id="h-story-ip-price-analysis">Story (IP) Price Analysis</h3>  
<p>Story has seen a notable drop after buyers failed to maintain the level at $9. This drop has weakened buyer confidence to push the price upwards. Currently, IP price is trading at $4.46, having dropped by 0.4% in the last 24 hours.</p>  
<figure class="wp-block-image"><img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXfYUJbnbdhIhlfgSbu-0TvyU4CmnJrcl12OX-2qp6AcjoanlD_Oq7YICADkvQhy1ycXpqvMPiVxmB514JHo7NkkREfnUvhi7rkstvvvHHhb9yTbgbp-rlibwbaHY3QAmILIoP9u5w?key=QGR1FuFwCwoh7XcjrkgWFRvt" alt="">
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<p>The IP/USDT trading pair is aiming for $5.3 but could face significant resistance, potentially leading to a fallback to the $4 range. Nevertheless, with the Relative Strength Index (RSI) at 48, just around the midline, Story price might continue to see strong buying interest.</p>  
<p>If the price breaks above $5.3, a correction towards $6.9 could follow. On the other hand, if it falls below $4.1, the price could drop to around $3.</p>  
<h3 class="wp-block-heading" id="h-ethereum-price-analysis">Ethereum Price Analysis</h3>  
<p>Ethereum price rebounded strongly following the Bybit hack. Buyers pushed the price of ETH to the key level of $2,800. As of writing, ETH price trades at $2,826, surging over 2.3% in the last 24 hours.</p>  
<figure class="wp-block-image"><img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXc0mqd1kDBPRJ5I6jWqFQQU7GFLQlFaDgbbfHwXT80CeQGhz2CoDSWRT0rkD1QV9kNsIHaDqX-9UebvAsrXDIHQ7CeW9XHPXazC_9MmnSFn8ZEi6QxFL_6eDc3OvQS9NnvB6YkJ?key=QGR1FuFwCwoh7XcjrkgWFRvt" alt="">
</figure>  
<p>If Ether moves below the 20-day EMA of $2,737, sellers might try to drive the ETH/USDT pair below $2,500. If successful, the price could drop further to $2,400 and possibly down to $2,300.</p>  
<p>Conversely, if the price climbs above $2,850, it might reach the downtrend line. While sellers are likely to defend this level, if buyers manage to break through, the pair could surge toward $3,300.</p>

Top Altcoins to Watch Next Week: Solana (SOL), Story (IP) and Ethereum (ETH) Prices Prepare for Rebound

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