Cryptocurrency experts name 5 cryptocurrencies that will grow in November

Veincrypto analysts have compiled a list of 5 altcoins worth paying attention to in November, as they have the highest chances of growing in the short term. We publish this list below. Important: not financial advice.

Ethereum (ETH) cryptocurrency took the first place, with a value of $ 1567.32 at the time of writing. According to crypto analysts, on September 21 and October 13, the price of ETH jumped to the horizontal support level of $ 1270, and since then, the price of the ethereum has accelerated its growth rate. Currently, the main resistance zone for ETH is $ 1713, and if the cryptocurrency manages to exceed it, growth will accelerate significantly. According to experts, in this case, ethereum will have every chance of trading above $ 2000.The second place was taken by the Filecoin altcoin (FIL), trading at $ 5.36 at the time of writing. Since the beginning of September, FIL has been showing bullish sentiment, moving upward. on October 22, Filecoin broke out of the support zone, jumping up in price. If this continues, the main resistance zone will be at $ 6.50.Chiliz (CHZ) was the third best cryptocurrency, trading at $ 0.20 at the time of writing. The price of CHZ has been moving upward since October 13, allowing the cryptocurrency to be included in the lists of the most profitable digital assets almost every day. Chiliz managed to break out of the $ 0.16 support zone, reaching $ 0.21. Currently, CHZ has fallen in price, but analysts expect further growth.The next cryptocurrency to be analyzed by the experts was Quant (QNT), which is currently trading at $ 173.82. on October 15, QNT reached its all-time high of $ 228. At the moment, the altcoin is showing a downward movement, with analysts believing that Quant will fall to $ 160 in November. However, the price of QNT is expected to reach $ 230 and higher.In fifth place is the altcoin Merit Circle (MC), which is trading at $ 0.76 at the time of writing. The nearest resistance zone of MC is $ 1.18. If the price of MC successfully exceeds it, it can quickly rise to $ 1.95, Beincrypto analysts emphasized.

As for the forecasts of the flagship cryptocurrency’s value, Michael van de Poppe, an analyst and founder of Eight trading company, is convinced that in November, BTC will be trading for $ 30,000. According to the founder of Eight, bitcoin has been consolidating around $ 20,000 for a long time, so we can expect growth in the near future. «Within two to three weeks, bitcoin will break through several levels. I think we will reach $ 30,000,» Michael van de Poppe said.