Altcoin Analysis: How 4 Promising Altcoins Could Reach New All-Time Highs Soon

Tuesday, 29 October 2024, 05:00

Altcoin analysis reveals that 4 altcoins could hit new all-time highs in November. With Bitcoin leading the charge, several altcoins are showing strong potential for growth. As the crypto market reacts to shifts in momentum, these altcoins could follow BTC’s lead, making this an exciting time for traders and investors alike.
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Altcoin Analysis: How 4 Promising Altcoins Could Reach New All-Time Highs Soon

4 Altcoins Poised for New All-Time Highs

As we head into November, altcoin analysis suggests exciting opportunities for traders. Among notable tokens, MEW is a meme coin demonstrating a remarkable 76% rise in October, currently just over 16% from its all-time high. Maintaining support at $0.00900 is crucial to its upward momentum.

MEW Price Dynamics

MEW's all-time high stands at $0.01173. A fall below the $0.00900 support could see it dip to $0.00769, negating recent gains.

OM's Strong Performance

Following impressive momentum, the OM token recently achieved an all-time high of $1.62. The key to its recovery lies in holding the $1.33 support level; otherwise, it risks a drop towards $1.04.

SPX's Rise

In the meme coin sector, SPX has surged 479% since October, hitting an all-time high of $1.19. Stability above $0.91 is crucial for further progress; losing this support could see a decline to $0.56.

BNB's Challenge

BNB, only 19% shy of its all-time high, faces resistance between $575 and $619. Overcoming this could lead to a climb toward its previous highs, otherwise, it risks retreating toward $550.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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