As the Altseason kicks off and Bitcoin reaches a new all-time high, the overall market sentiment is on the rise. With the potential for an extended rally, savvy investors are on the lookout for altcoins poised to hit new all-time highs.
Let’s dive into our curated list of top altcoins that are primed to reach new heights in this November rally.
Top Altcoins Set to Reach New All-Time Highs:
Mog Coin (MOG)
On the daily chart, MOG coin is showing signs of a bullish trend as it struggles to maintain a cup-and-handle pattern. Despite a recent correction of around 15% in the last 5 days, the coin continues to form higher lows and remains above the 78.60% Fibonacci level at $0.00000181.
With the overall market recovering, the altcoin’s uptrend is likely to bounce back from the 50-day EMA towards the 78.60% level. This could potentially push the MOG coin towards the $0.0000050 mark or the 1.618 Fibonacci level.
Supported by a slightly bullish RSI line, the MOG coin presents a 157% upside potential and the possibility of reaching a new all-time high in this November rally.
PEPE (PEPE)
Looking at the daily chart, PEPE coin has broken out of a falling channel, with the rally gaining momentum. Despite a minor retracement below the 200-day EMA, the altcoin’s bullish reversal has led to a 50% surge over the past 7 days.
Currently trading at $0.00001201, the altcoin is holding above the resistance supply at $0.0000115. With the uptrend intact, PEPE coin is poised to surpass its all-time high at $0.000017223.
On the weekly chart, the altcoin’s potential breakout from a falling channel within a broader bullish flag pattern hints at a surge towards the $0.000010 psychological level or nearly a 10x increase.
For insights on Dogecoin price targets in 2024, check out Coinpedia’s DOGE price prediction.
Floki (FLOKI)
Similar to PEPE, FLOKI’s price action indicates a breakout rally from a falling channel pattern, gaining momentum. The uptrend has surpassed the crucial resistance at the 0.3820% level of $0.00001655, but struggles to breach the 50% psychological level at $0.00001875.
With a slight intraday pullback of 3.77%, FLOKI is currently retesting the 38.20% level. If the broader market bounces back, a post-retest reversal could be in the cards. The altcoin has the potential to reach $0.00062063 or the 1.618 Fibonacci level, presenting a 250% upside and the chance for a new all-time high in this November rally.
