3 Best Altcoin Recommendations for the Third Week of November 2024
1. Zcash (ZEC)
Zcash (ZEC) has risen by 25.5% in the last four days. Its price is currently perched at US$46.16. This crypto asset is seen trying to penetrate and "magically" the US$46.24 level into a support floor. The realization of this scenario will open a wide path for a rally to US$50.00. ZEC's success in maintaining this momentum is very important for the continuation of its upward action.
The 6th Network Upgrade (NU6) which is scheduled to take place around November 23 is predicted to bring significant updates to the Zcash network.
2. Aptos (APT)
Aptos is currently trading above the critical level of US$10.92, in line with the 61.8% Fibonacci Retracement line, which is often referred to as the support floor of the bull market. This level plays an important role in maintaining positive sentiment for this crypto asset.
This week marks a milestone for Aptos, as Bitwise prepares to launch the world's first Aptos Staking ETP. This investment product aims to stake Aptos owned by the mutual fund. This maneuver has the potential to generate interest and demand, which in turn has the potential to trigger a price spike.
3. Floki (FLOKI)
FLOKI has flown 128% over the past two weeks. Its current price is at US$0.0002670. The meme coin's uptrend could continue if it manages to break through the resistance at US$0.0002776. This will immediately open up opportunities for further profit.
Moreover, the long-awaited collaboration between Floki and Forj from Animoca Brands, which is scheduled to launch the $MONKY meme coin on November 21, 2024, is adding to the bullish sentiment. The initiative, supported by a partnership with ApeCoin and Bored Ape Yacht Club, has unsurprisingly created enthusiasm among investors and could spark an additional price rally.
