4 Altcoins for November Bull Run
1.
$XRP With a remarkable gain this week, the price of
#XRP has drawn market attention and broken the $1 threshold for the first time since November 2021. The price of XRP is $1.14 as of this writing, which is a significant 6% increase over the previous day.
With a startling 96% increase in value over the last week, the price of Ripple has seen tremendous momentum and attracted a lot of interest from the cryptocurrency market.
The price of XRP has increased dramatically in response to recent events in the cryptocurrency industry. Last Thursday, 18 US states filed a lawsuit against the Securities and Exchange Commission (SEC) and its commissioners, including Gary Gensler, alleging unlawful overreach in the cryptocurrency industry.
Since incoming US President Donald Trump hinted at Gensler’s resignation, the pressure on him has increased.
2.
$DOGE Since the outcome of the U.S. election, Dogecoin has been steadily increasing, and on November 12th, it hit its 2024 high. Lastly, the price appears to have stabilised for the time being, ranging between 0.34$ and 0.38$.
The last 30 days were very good for
#DOGE , as the well-known coin saw gains of more than 160%.
A legal obstacle for Dogecoin was removed last Friday when a class-action lawsuit brought by investors who claimed Musk had manipulated the price of the cryptocurrency in 2021 was dropped.
3. Sui (SUI)
Recently, Sui (SUI) has experienced notable gain, rising 41.34% over the last month and 71.38% over the previous week. The coin is currently trading between $2.17 and $3.53 and is getting close to $4.02, which is its closest resistance level. If this barrier is broken, SUI may target the second resistance level at $5.38, indicating a possible 52% increase from the current price.
Positive momentum is shown by the 10-day Simple Moving Average, which is $3.15, higher than the 100-day average of $2.77. The asset appears to be neither overbought nor oversold, according to the Relative Strength Index (RSI), which is at 51.80. SUI’s price movement is one to monitor for possible future growth based on these variables. As at the time of writing, SUI trades at $3.73.
4. Terra Classic (LUNC)
In the last week, Terra Classic (LUNC) has risen more than 31%, and in the last month, it has increased by around 23%. It is currently trading between $0.00008 and $0.00011 and is getting close to the $0.00013 resistance level. The next aim, if it advances past this point, might be $0.00016.
The coin may be approaching an overbought area, as shown by the RSI’s proximity to 70. The similarity between the 100-day and 10-day Simple Moving Averages suggests that the trend may continue.
The MACD has no bias. Traders are keeping an eye on LUNC to see if it can sustain its momentum or if it will revert to the $0.00007 support level.
#SUI #LUNC #altsesaon