Altcoin Analysis: Discover 3 Bullish Altcoins Set to Outperform Bitcoin

Altcoin Analysis - Leading the Charge

Throughout most of October, Bitcoin (BTC) outperformed many altcoins within the top 100, dispelling speculation that an altcoin season would kick off this month. However, as November approaches, BeInCrypto reveals three bullish altcoins predicted to outperform Bitcoin.

• ApeCoin (APE)

  ApeCoin is one of the few altcoins that performed better than BTC this month. Over the last 30 days, APE’s price has increased by 27%, driven primarily by the launch of ApeChain, the new layer-3 blockchain launched earlier in October.

  Strong support at $0.87 near the 20-day Exponential Moving Average (EMA) indicates possible resilience, with potential climbs towards $1.39 or $1.62 this November.

• Dogecoin (DOGE)

  Dogecoin could also outperform BTC this month. Whale accumulation and the anticipated Doge Day event may drive prices higher. Technical indicators, including a bullish flag, suggest DOGE could rise toward $0.18.

• Solana (SOL)

  Rising activity on the Solana blockchain indicates that SOL may continue to outperform BTC. The SOL/BTC ratio has shown strength, currently positioned for upward momentum.

Key Takeaways

These altcoins present investment opportunities in a landscape shifting alongside Bitcoin. Watch for strong developments and potential price changes in November.