November met the expectations of crypto-enthusiasts. Since the beginning of the month, many assets, including bitcoin (#BTC☀ ), have already managed to renew their highs. But there are still a few altcoins that have records just ahead of them
Here's a look at which altcoins are worth watching during the second week of November.
Aptos (APT)
Opening our list is the altcoin $APT
. It has gained nearly 40% over the past week and is trading at $11.56 at the time of publication.
The next important step for Aptos is to consolidate above $11.64, which coincides with the 61.8% Fibonacci retracement level. This will strengthen the bullish momentum and attract investors' attention.
dYdX (DYDX).
Another altcoin worthy of note is $DYDX
. At the time of writing, the token is trading at $1.23. Over the past 24 hours, the asset's exchange rate has slipped slightly by 1.6%. Meanwhile, on a weekly basis, dYdX has soared more than 35%.
In the long term, the cryptocurrency is still moving within the range established in August. A full-fledged bullish trend requires a breakout above the upper boundary of the channel at $1.33. That is why investors are closely watching this price level.
Artificial Superintelligence Alliance (FET)
Rounding out our top 3 is the AI token $FET
. Over the past seven days, its rate has soared by 32%, bringing the altcoin to the $1.50 mark, where it sits at the time of writing.
On the wave of growth, the cryptocurrency rose above the critical $1.40 level. Now the next significant mark will be the resistance at $1.71. If this barrier is successfully broken, FET will be able to get to $2.00, which will confirm a strong bullish outlook.