Following a month where Bitcoin reached a new peak and meme coins experienced explosive rallies, certain altcoins remain under the radar with strong growth potential. Victor Tan, CEO of TrinityPad, and crypto analyst Aaryamann Shrivastava reveal three promising altcoins poised for a bullish run this November.
First Up: Virtual Protocol (VIRTUAL)
VIRTUAL achieved a remarkable 568% increase throughout October, establishing itself as one of the top-performing AI tokens of the month. This surge has pushed VIRTUAL to an all-time high (ATH) of $0.51, capturing significant attention within the altcoin market and highlighting its growth potential. Despite the bull trend, VIRTUAL has faced minimal selling pressure, suggesting that its momentum could continue. If VIRTUAL can hold $0.51 as support, it may further solidify its upward trajectory.
However, should investors choose to sell, VIRTUAL risks losing its bullish stance. Falling below the $0.28 support level could lead to a drop towards $0.13, signaling a critical market reset.
Second on the List: Safe (SAFE)
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With a 105% increase, SAFE recently reached a multi-month high of $1.80. Nevertheless, a 22% correction last week indicates short-term selling pressure and heightened volatility as traders lock in profits. Despite this, SAFE has previously demonstrated resilience, recovering from similar drops. The recent Upbit listing has revived interest and could propel the coin’s long-term growth.
If SAFE fails to hold above the $1.10 support level, the bullish outlook may be invalidated, potentially leading to a deeper correction toward $0.87, reflecting a shift in sentiment among cautious traders.
Last But Not Least: Turbo (TURBO)
Turbo’s price behavior aligns with the parabolic curve trading model, showcasing conditions for a potential doubling after forming a third base and confirming it as support. This setup, if validated, suggests a rapid upward move, positioning Turbo for substantial growth in the coming weeks. Although a full doubling might not materialize, Turbo could see gains similar to those witnessed earlier in the formation, potentially rising 161% to $0.0243. This optimistic outlook has caught the attention of traders looking to capitalize on Turbo’s momentum.
Turbo’s listing on Binance’s Futures Copy Trade platform further strengthens its visibility and reliability. However, should investors opt to take profits, the bullish momentum might wane, pushing the altcoin below the critical $0.0084 support level, potentially leading to a correction down to $0.0048.
The predictions here reflect the views of experts and are not financial advice. Always conduct your own research before making any investment decisions. Stay informed with The Bit Journal for the latest in crypto trends.
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The price predictions and financial analysis presented on this website are for informational purposes only and do not constitute financial, investment, or trading advice. While we strive to provide accurate and up-to-date information, the volatile nature of cryptocurrency markets means that prices can fluctuate significantly and unpredictably.
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