With the start of the Altseason, as Bitcoin hits a new all-time high, the broader market sentiments are elevated. With increasing chances of an extended rally, smart money is on the lookout for altcoins ready to hit new all-time high levels.
So, let’s take a closer look at our list of top altcoins to hit a new all-time high in this November rally.
Top Altcoins to Hit New All-Time Highs:
Mog Coin (MOG)
In the daily chart, the MOG coin shows a bullish struggle to sustain a cup-and-handle pattern. In the last 5 days, it has experienced a correction of nearly 15%. However, the higher low trend continues, and it sustains dominance above the 78.60% Fibonacci level at $0.00000181.
Considering that the broader market has recovered, the uptrend in the altcoin is likely to bounce back from the 50-day EMA to near the 78.60% level. In such a case, the upside possibility for the MOG coin extends to the $0.0000050 mark or the 1.618 Fibonacci level.
Supporting the upside chances, the RSI line shows a minor bullish influence. Hence, with an upside of 157% and a new all-time high formation possibility, the MOG coin is a must-buy in this November rally.
PEPE (PEPE)
In the daily chart, the PEPE coin shows a falling channel breakout, rally gaining momentum. Despite a minor pullback under the 200-day EMA, the bullish reversal in the altcoin has led to a 50% rise over the last 7 days.
Currently, the altcoin is trading at $0.00001201, sustaining dominance above the prevailing resistance supply at $0.0000115. As the uptrend continues, the meme coin is likely to surpass its all-time high level at $0.000017223.
In the weekly chart, the upside possibility in the altcoin with the falling channel breakout of a broader bullish flag pattern teases an extension to the $0.000010 psychological mark or a nearly 10 times surge.
Check out Coinpedia’s DOGE price prediction to learn about the Dogecoin price targets in 2024.
Floki (FLOKI)
Similar to PEPE, a FLOKI price action shows a breakout rally of a falling channel pattern gaining momentum. Based on the Fibonacci levels, the uptrend has surpassed the crucial resistance at 0.3820% level priced at $0.00001655. However, the altcoin struggles to surpass the 50% psychological level at $0.00001875.
With an intraday pullback of 3.77%, it is currently retesting the 38.20% level. If the broader market recovers, a post-retest reversal is possible. The FLOKI price action shows potential to reach $0.00062063 or the 1.618 Fibonacci level.
Hence, with an upside possibility of a new all-time high formation with a 250% rise, FLOKI is a must-buy altcoin this November.