The last week of October witnessed exceptional growth of small altcoins, especially meme coins and low-cap tokens. Here are three standout altcoins with the strongest gains:
Goatseus Maximus (GOAT)
GOAT is in the spotlight, rising 210% to a new peak of $0.902 and attracting significant interest from investors. Currently, this coin is holding above the support level of $0.640 and below the resistance level of $0.904, indicating potential growth if it maintains this momentum. However, if profit-taking pressure increases, the price may drop to $0.466, weakening the positive outlook.
Safe (SAFE)
SAFE also had a successful week, rising 58% to $1.48, reaching a high of $1.87. SAFE is currently holding steady at the support level of $1.30 and is aiming to convert the $1.64 level into support. If successful, SAFE could rise back to $1.87 or higher; conversely, losing this support may cause the price to drop to $1.10.
Raydium (RAY)
Raydium has increased by nearly 40%, reaching $3.01 and is testing an important resistance level at $3.33. If it can turn this level into support, RAY may open up further growth opportunities. However, if faced with strong selling pressure, the price could adjust to $2.71 or lower.
These coins are gaining a lot of attention in the investment community; however, profit-taking may cause short-term corrections. Investors should consider their risk tolerance before participating in these altcoins.