3 Altcoins to Watch in the Third Week of November 2024 | Airdrop Alert Pro

November hit all-time highs, led by the king of cryptocurrencies, Bitcoin. While many coins are reaching new peaks, others are on the verge of seeing major developments despite not reaching ATH. These events could trigger a rally and bring significant gains to its native token in the coming days.

BeInCrypto has identified three altcoins to watch this week, each poised for upcoming milestones to drive their performance.

Aptos (APT)

Aptos is currently trading Above the key level of $10.92, it is in line with the 61.8% Fibonacci retracement level, often referred to as the bull market support floor. This level plays a crucial role in maintaining bullish sentiment on the cryptocurrency.

This week marks a major milestone for Aptos as Bitwise prepares to launch the world’s first Aptos Stake ETP. The exchange-traded product, which targets Aptos held by the fund, could drive increased interest and demand, causing the price to surge.

If momentum builds, Aptos can A break above the $14.05 resistance level signals continued growth. However, if market sentiment changes, a fall below $10.92 could invalidate the bullish outlook, pushing the price towards $9.15 and causing concern among investors.

FLOKS

FLOKI surges It has gained 128% over the past two weeks and currently sits at $0.0002670. If Meme coin manages to break through the $0.0002776 resistance level, its upward trend may continue further, laying the foundation for a continued rise.

The expected collaboration between Floki and Animoca Brands’ Forj to launch the $MONKY memecoin on November 21, 2024 has added to the bullish sentiment. The initiative is supported by ApeCoin and Bored partners ape The yacht club has generated excitement among investors and could drive prices higher.

If the momentum from this launch drives FLOKI further, the meme coin could reach $0.0003138. However, a loss of the key support at $0.0002568 could lead to a pullback, dragging the price down to $0.0002108 and invalidating the current bullish outlook.

Zcoin (ZEC)

Zcoin (ZEC) It has gained 25.5% over the past four days and is currently trading at $46.16. The cryptocurrency is targeting a break above $46.24 and into support, which could lead to a rebound towards $50.00. Sustaining this momentum is critical for ZEC’s continued rise.

The upcoming Network Upgrade 6 (NU6), which is scheduled to take place around November 23rd, is expected to bring major updates to the Zcash network. This deployment could further fuel bullish sentiment and drive potential price gains as markets react to these developments.

If ZEC capitalizes on this momentum, a breakout above $50.00 is very likely. However, a break below the key support level at $40.76 could invalidate the bullish outlook, potentially leading to significant corrections and losses for investors.