The crypto market recently underwent a strong bearish threat that plunged the Bitcoin price from the peak of $120K to $113K. As Bitcoin’s dominance declines, several altcoins are showing signs of strength. XRP, Pi Coin, and Shiba Inu are among the top altcoins to watch next week, as they hint at a possible recovery despite recent bearish pressure.
Bitcoin Dominance Consolidates Around 62%
Bitcoin’s market dominance is currently moving sideways within a tight range, with traders keeping a close eye on the 63% resistance level. This metric, which shows how much of the total crypto market is dominated by Bitcoin, has often signaled changes in market trends when it hits this point.
In July 2025, Bitcoin dominance was rejected at this level, raising the possibility of another “altseason” like in 2021, when altcoins gained strength. As Bitcoin now loses momentum again, leading altcoins will likely dominate next week.
XRP Price Analysis
Buyers tried to push XRP back above the 20-day simple moving average (SMA) at $3.2, but sellers held their ground. As of writing, XRP price trades at $2.8, declining over 4% in the last 24 hours.
Although the price dipped below the key $3 support, buyers are defending the immediate support lines. Bulls may make another attempt to push the XRP/USDT pair above the 20-day EMA. If successful, the price could stay between $3 and $3.33 next week.
However, if the price drops again, it may signal that buyers are giving up, increasing the risk of a fall toward the next strong support at $2.66.
Pi Coin Price Analysis
Pi coin closed below the key breakout level of $0.38 and dropped to the 20-day simple moving average (SMA) at $0.32.
Buyers are likely to strongly defend this level, as a break below it could pull the PI/USDT pair down to $0.21. A bigger drop like this might delay the next upward move.
On the other hand, if the price bounces above the 20-day EMA with strength, it would show that buyers are stepping in at lower levels. In that case, they may try to push the price back above $0.38, which could open the door for a retest of the resistance at $0.45.
Shiba Inu Price Analysis
Shiba Inu has been on a strong downtrend as it dropped over 27% in just two weeks. As of writing, SHIB price trades at $0.00001179, declining over 2% in the last 24 hours.
Sellers stepped around the $0.000014 level and drove the price below $0.000012, suggesting the SHIB/USDT pair might continue moving within a wide range between $0.00001 and $0.000018 for a while.
The next support is at the 50-day SMA, currently around $0.00001016. If the price bounces from there, buyers may try again to break above the 20-day SMA. But if it falls below the 50-day SMA, the price could slide further toward $0.000009.
