#Bitcoin (BTC) price retreated to the $34,500 support today. Profit selling is causing easing for now. The rise, which started in the last weeks of October, gained momentum after such interim corrections. So, specifically among the altcoins, which ones promise gains in November? Current price targets say 3 cryptocurrencies could hit new all-time highs.

Injective (INJ)

#InjectiveProtocol Coin experienced one of the most impressive rallies of 2023. In April, the price peaked at $9.97 and the consolidation process began. The altcoin, which continued its rise with the general market recovery in October, is aiming for new peaks.

Elliot wave theory says that the upward movement has reached the fifth wave. Compared to the first and third waves, the target of the last wave is seen as $ 25. The historical high is at $25.3 and if the bulls can extend the rally, a renewal of the ATH level is possible.

If the upward movement continues after the fifth wave peak, $ 36.5 will be targeted. However, if profit taking starts from the top, the bears may push the price to the $9.2 support.

OKB Coin Review

There is a similar structure with the INJ Coin chart. OKB is symmetrical and the ongoing rise likewise represents the fifth wave. The most likely target for the top is $72, which is 36% above the ATH price of $58.8.

Despite the bullish forecast, a bearish move below the fourth wave at $43 could trigger a 60% loss wave up to $20.

Trust Wallet Token (TWT)

Long-term descending resistance broke out of the trend line in October. The price recently reached $1.7, just below the level of its yearly high of $1.87. The Binance-backed altcoin has since fallen and failed to make a weekly close above the $1.50 resistance area.

The insurmountable resistance level is an extremely important stop on the ATH journey. If the bulls want to move the price towards the $2.73 ATH price, it must overcome this resistance. Weekly RSI supports the rise. Demand is strong and the RSI along with the price remains above the neutral zone.

However, if the resistance cannot be overcome and the price is forced to turn down, we may see a decline of approximately 40 percent to the $0.95 level in November instead of new highs.

Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.