Five friendly cryptocurrencies are expected to shine this November. Crypto enthusiasts and investors are eager to see the next big winner. With a potential green candle on the horizon, this article takes a deep dive into which undervalued altcoins could see significant growth. This article reveals the top contenders most likely to grab attention and spark market interest.

ONDO

The price of Ondokin has been fluctuating between $0.60 and $0.74, indicating indecision among both bulls and bears. The nearest resistance is at $0.79, which remains unbroken, while support is at $0.52, providing some stability. In the past week, the price of Ondokin has risen by more than 23%, but it has fallen by more than 5% in the past month and 15% in the past six months. The 10-day and 100-day moving averages have converged around the current levels, suggesting a possible pause. If the bulls gain strength, Ondokin could break through the resistance and reach $0.93, which would imply a possible upside of 25%.

Cosmos(ATOM)

Cosmos (ATOM) is facing tough market conditions as its price is hovering between $4.10 and $4.91. Despite a 15% gain in the past week, its one-month performance is down 14%, suggesting weak bullish momentum. Resistance is located at $5.23 and if it is crossed, the price could target $6.04, which implies a potential upside of 18%. The RSI is hovering around 50, indicating a balanced state, while the Stochastic reading in the mid-70s indicates overbought conditions, making traders cautious about the next move.

Stack (STX)

Stacks (STX) has experienced volatility, trading between $1.53 and $1.87. After a period of lackluster trading, the coin has surged nearly 30% in the past week, showing signs of renewed strength. The price is approaching the $2.01 resistance level, and if it breaks, the next target will be $2.35. While STX has gained 5% in the past month, it is still down more than 43% in six months. The 10-day moving average below current levels suggests that bullish sentiment is increasing, indicating growth potential in the short term.

Pyth Network (PYTH)

Pyth Network faces limited upside with its price fluctuating between $0.28 and $0.34. The $0.36 resistance level remains unbroken while the coin is trading below its 10-day moving average of $0.35, indicating bearishness prevails. Despite a 23% gain over the past week, Pyth has lost 62% over the past six months. A breakout above the next resistance level could push the price to $0.41, a potential gain of 20%, but weak performance relative to key averages suggests challenges for future growth.

Stellar (XLM)

Stellar Lumens (XLM) remains under pressure with its price hovering below $0.10. Bullish momentum appears weak as the price has failed to break out of the resistance just above $0.10. Stellar Lumens has lost nearly 8% in the past month and 29% in the past six months. If the bulls succeed in breaking out of the resistance, XLM could surge 10% from current levels. However, Stellar Lumens faces continued challenges in gaining upside momentum as the RSI is below 50, indicating limited buying interest.

in conclusion

November shows promise for certain cost-effective altcoins. ONDO looks attractive with its unique financial services. ATOM continues to gain traction with its secure and interconnected blockchain network. STX benefits from Bitcoin integration, adding value and trust. PYTH continues to grow in the data oracle space, providing reliable real-time data. XLM remains strong in the payment space, providing fast and low-cost transactions. Each of these tokens shows the potential to grow in the upcoming 2024 bull run.