Crypto trading expert Michael van de Poppe studied the cryptocurrency market and made his prediction, regarding the behavior of altcoins in the near future. The analyst does not rule out that the majority of coins expect a continuing rally. Also, he highlighted 5 altcoins, worth paying attention to in November.
Contents:
Binance Coin (BNB)
Van de Poppe noted that BNB is at the peak of an uptrend. In just a week, the token added about 17% in price. The technical analysis of the token is dominated by positive sentiment, which gives reason to boldly buy this asset.
Mask Network (MASK)
On the morning of November 7, the token lost about 6% of its value in a day. The current price is $4.6. The analyst noted that MASK is in correlation mode and is likely to reach the price of $5.50. However, if MASK corrects to $4, it will trigger longs on the token.
Dogecoin (DOGE)
Dogecoin meme-coin showed active dynamics in the market for 14 days. The expert noted that investors need to be patient and wait for the asset to restore a critical level. It is worth using this coin carefully, as the token first hit a high of $0.13 and then traded lower.
However, Dogecoin gained 3% in a week and has a good performance for its future existence.
Polygon (MATIC)
During the first week of November, MATIC traded within $1. Michael van de Poppe believes that the token will soon hit $1.30. Also, the technical data shows bullishness around this cryptocurrency.
Chainlink (LINK)
LINK - a token that may break out soon and push its price up to $11. On the morning of November 7, its price was $8.06. For a week, the coin added 15% in price. It is possible that before the rise, the digital coin may drop to $ 7.8.
The analyst believes that the crypto market rally is caused by Bitcoin, which is rapidly going up and has finally reached the limit of $21,000.
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