In November 2022, the top 5 altcoin projects to watch were published. Aptos (APT) and chest coin DOGE, which have attracted attention recently, took their place in the list. As Koindeks.com, we present to you the projects that are expected to rise in November.
Binance Coin (BNB) is at the top of the list with Aptos (APT) in the middle.
BNB, the altcoin of leading crypto exchange Binance, is at the top of the list. Binance Coin (BNB) has risen 7.97 percent in the last 24 hours, according to CoinMarketCap data. Currently, it continues to see the process at the level of $ 334.72. BNB gained 2.86% and 0.67%, respectively, against the top two heads of the crypto market, Bitcoin (BTC) and Ethereum (ETH).
The 9 and 20 EMA lines have been bullish over the past week. This cross started a bullish action that allowed BNB price to easily break above the two EMA lines. The bullish action indicating that BNB price will continue to rise is due to a break above the 9 EMA and the 20 EMA line and the RSI line breaking above the RSI SMA line.
Popular chest coin Dogecoin (DOGE)
DOGE’s price has dropped 5.87 percent in the last 24 hours and is currently trading at $0.1203. Following the news of Elon Musk’s acquisition of Twitter, DOGE’s price experienced a parabolic rise. Drops are expected as investors try to cash in on the benefit opportunity in the current bear market.
Looking at the daily chart of DOGE, it is stated that it is necessary to be prepared for a potential bearish activity.
MATIC price is up 0.35 percent in the last 24 hours. The altcoin is currently trading at $0.9243. It also appears to have dropped by 0.97 percent and 2.90 percent, respectively, against the two crypto market leaders, BTC and ETH. The relative position of the daily 9 and 20 EMA lines on MATIC’s daily chart indicates that MATIC’s price will recover in the near future to move up again.
MATIC appears to be signaling a pullback, possibly up to the 9 EMA lines, before the upper real starts another bullish move.
Terra Luna Classic (LUNC)
The price of LUNC is at $0.0002453, down 3.12 percent in the last 24 hours. The price of LUNC is currently trading in a parallel price channel midway between $0.00038098 and $0.00022905. The first resistance zone that the altcoin should challenge is located at $0.00027183.
From here on, it is stated that the LUNC price will target the upper end of the price channel indicated above.
APT has dropped 0.24 percent in the last 24 hours and is currently trading at $7.92. APT price continues its bearish movement since its listing on Binance. APT’s partially fixed price action can be seen as a buying opportunity for risk-averse investors.
In this case, it will cause the current APT price to rise.