Top 5 altcoin projects to watch in November 2022 have been released. Aptos (APT) and meme coin DOGE, which have attracted attention recently, took their place on the list. We, as Kriptokoin.com, convey to you the projects that are expected to rise in November.
Binance Coin (BNB) is at the top of the list, which also includes Aptos (APT).
BNB, the altcoin of leading crypto exchange Binance, is at the top of the list. Binance Coin (BNB) is up 7.97 percent in the last 24 hours, according to data from CoinMarketCap. Currently, it continues to trade at $334.72. BNB gained 2.86% and 0.67%, respectively, against the top two leaders 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 comfortably climb 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 meme coin Dogecoin (DOGE)
DOGE’s price has dropped 5.87 percent in the past 24 hours and is currently trading at $0.1203. After the news of Elon Musk’s acquisition of Twitter, the price of DOGE experienced a parabolic rise. Decreases are expected as investors try to cash in on the earnings 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.
Polygon (MATIC)
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 is likely to rebound in the near future.
MATIC appears to be signaling a pullback, possibly up to the 9 EMA lines, before starting another bullish move upwards.
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 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 limit of the above-mentioned price channel.
aptos (APT)
APT is down 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 on behalf of risk-averse investors.
aptosIn this case, it will cause the current APT price to rise.
