Solana

Arbitrum

Bitcoin

Resistance

Coin

<p>The post <a rel="nofollow" href="https://coinpedia.org/altcoin/top-altcoins-to-watch-next-week-binance-coin-bnb-solana-sol-and-arbitrum-arb-prices-hit-resistance/">Top Altcoins To Watch Next Week: Binance Coin (BNB), Solana (SOL) And Arbitrum (ARB) Prices Hit Resistance</a> appeared first on <a rel="nofollow" href="https://coinpedia.org">Coinpedia Fintech News</a></p> 
<p>In the last week, the altcoin market has been attempting to recover the resistance level it achieved in October while Bitcoin tried to climb past the $36,000 mark. However, Bitcoin’s inability to sustain an upward momentum led to a downturn in the altcoin market. Nevertheless, investors were quick to capitalize on the price declines of prominent altcoins. As a result, it’s expected that the values of top altcoins such as Binance Coin, Solana, and Arbitrum will experience an upswing in the coming week.</p> 
<h2 class="wp-block-heading" id="h-bitcoin-s-continuous-rejection-pushes-altcoins">Bitcoin’s Continuous Rejection Pushes Altcoins&nbsp;</h2> 
<p>Despite the flow of investment into the altcoin market following Bitcoin’s setbacks, the altcoin season index still lags far from its peak. Consequently, Short-Term Holders (STHs) are seizing each market move as a chance to profit.</p> 
<p>At present, the altcoin season index remains close to its lowest point, failing to trade with the Bitcoin season index’s performance. This pattern indicates a divided market response, with traders offloading their Bitcoin in response to declines to purchase altcoins at lower prices.</p> 
<h3 class="wp-block-heading" id="binance-coin-bnb-price-analysis">Binance Coin (BNB) Price Analysis&nbsp;</h3> 
<p>BNB rebounded from the $225 breakout point recently, showing that bulls are aggressively protecting this level. As a result, BNB’s price is now in high buying demand.&nbsp;</p> 
<figure class="wp-block-image">
 <img decoding="async" src="https://lh7-us.googleusercontent.com/jdheBToIUI-82ADbET5WJLl7cpd9WAO-BSutf7QSFes0Lc1iGJRpcyyWhEZhF763Byn0Y66n3HFo7DkHouXCkgpKOc4t1nbPKXoW9uXG_nPLOv66J4oWvhF-KkDmX4rAqnddHgrXO8RjGTgJ4VvDDd0" alt="">
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<p>Though buyers are attempting a push beyond the $235 resistance mark, bears continue to defend the surging buying pressure. This movement hints that the BNB price might consolidate within the $225 to $235 range for a while.</p> 
<p>With the 20-day EMA climbing and the RSI level surging exponentially, indicators point to an easier rise than a fall in price. Should the bulls send the price past $235, we could see a climb to $248 and possibly up to $261. However, if the bears manage to pull the price down and keep it below $225, the trend could tilt in their favor.</p> 
<h3 class="wp-block-heading" id="solana-sol-price-analysis">Solana (SOL) Price Analysis&nbsp;</h3> 
<p>Solana’s price has been <a href="https://coinpedia.org/news/coinbases-1-million-influx-fueling-solanas-sol-token-rally/">pumping hard</a> over the last few days as buyers defend dips. However, Solana faces bearish pressure in surging above $46, creating a consolidation near a bullish region.</p> 
<figure class="wp-block-image">
 <img decoding="async" src="https://lh7-us.googleusercontent.com/7sauXz_Ikp7nn8ys0WufsDvWxSj8dR2xwskA_AHAG5mJfhMd3hShzn4KifgwBGfqjbgyKqxVxKV6iaGB6RLn55cdXkLqIV3iRegq-91X9HHF5SZHGf4oXeCP5hjNgIK_sL-NpjhBVqYmDDT90mEKzYM" alt="">
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<p>Solana’s rebound from $38 faces turmoil to hold the peak levels, implying that each price surge is facing sell-offs. Bears might capitalize on this momentum to push the SOL price below the $38 threshold.</p> 
<p>A successful push below $38 could trigger a slide towards the 100-day EMA at $33, signaling a potential short-term reversal of the uptrend and possibly leading to a period of consolidation.</p> 
<p>To retain control, bulls must uphold the support at $38. A surge above $48 will send the price to test its resistance at $59 next week.&nbsp;</p> 
<h3 class="wp-block-heading" id="arbitrum-arb-price-analysis">Arbitrum (ARB) Price Analysis&nbsp;</h3> 
<p><a href="https://coinpedia.org/price-prediction/arbitrum-arb-price-prediction/">ARB price</a> is struggling to pass the immediate resistance of $1.08, but the bulls are holding their ground. They are aiming to surge above 23.6% Fib, and if successful, we may see a climb towards $1.2 and potentially $1.36. The bullish trend is supported by a rising 20-day EMA and an overbought RSI.</p> 
<figure class="wp-block-image size-large">
 <img decoding="async" width="1024" height="484" src="https://image.coinpedia.org/wp-content/uploads/2023/11/04213644/ARBUSDT_2023-11-04_21-36-31-1024x484.png" alt="" class="wp-image-242225" srcset="https://image.coinpedia.org/wp-content/uploads/2023/11/04213644/ARBUSDT_2023-11-04_21-36-31-1024x484.png 1024w, https://image.coinpedia.org/wp-content/uploads/2023/11/04213644/ARBUSDT_2023-11-04_21-36-31-300x142.png 300w, https://image.coinpedia.org/wp-content/uploads/2023/11/04213644/ARBUSDT_2023-11-04_21-36-31-768x363.png 768w, https://image.coinpedia.org/wp-content/uploads/2023/11/04213644/ARBUSDT_2023-11-04_21-36-31-1536x726.png 1536w, https://image.coinpedia.org/wp-content/uploads/2023/11/04213644/ARBUSDT_2023-11-04_21-36-31-150x71.png 150w, https://image.coinpedia.org/wp-content/uploads/2023/11/04213644/ARBUSDT_2023-11-04_21-36-31.png 1814w" sizes="(max-width: 1024px) 100vw, 1024px">
</figure> 
<p>Conversely, bears need to push the price under EMA20 to gain the upper hand, which could lead to a fall towards $0.85.&nbsp;</p>

Top Altcoins To Watch Next Week: Binance Coin (BNB), Solana (SOL) And Arbitrum (ARB) Prices Hit Resistance

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