The crypto market appears to be in a perfect position after its bullish momentum in the first week of November. Top altcoins like Solana (SOL), Binance Coin (BNB) and DTX Exchange (DTX) are currently recording significant profits. Their prices even increased to new monthly highs.
Looking ahead, analysts expect more gains. They predict that Solana’s value could reach $275, while that of Binance Coin (BNB) could reach $800. Analysts have predicted a 200% price rise for DTX coin.
Solana (SOL) targets $270-275 in November
Solana (SOL) had an overwhelming performance last week. It reclaimed the $200 mark for the first time in eight months, according to CoinMarketCap. The altcoin even crossed the $210 mark on November 11 before falling back to lower levels.
According to CoinMarketCap, the cryptocurrency is making profits of 26.0% and 41.0%, respectively, on weekly and monthly periods. The market capitalization of the token is consolidating between $75 billion and $105 billion. Mac predicted Solana price could reach $275 before the end of November.
Another cryptocurrency enthusiast, CJ, has similar predictions for the Solana coin. They published a chart in which the value of the Solana token climbed to $270. The room 14-day RSI is currently above the 70 mark, which means it is overbought. So, Solana (SOL) could witness a small correction in the coming days.
Binance Coin (BNB) Wakes Up, Analysts Forecast Hits $800
Despite its latest resurgence, Binance Coin (BNB) failed to regain its fourth position. Crypto Binance Coin lost its position after Solana posted a remarkable performance last week. Currently, BNB bulls are awake. They recorded a price increase of 11.3% in the weekly period and an increase of 7.9% in the monthly period. CoinMarketCap.
Binance Coin price surged to a 7-day high of $640 for the first time in months. Although BNB has lost its bullish momentum, it is trading above the $600 mark. Cryptocurrency 14-day RSI is above the midline, which supports the chances of a price rise. MonsieurFib predicted the value of Binance Coin BNB could rise back to $800 in the coming weeks. Lucky is more optimistic. He forecast the price of the coin could reach $1,000
DTX Exchange (DTX) Expected to See 50% Surge in November
DTX Exchange (DTX) also benefited from the November rally. The blockchain ICO surpassed $7.1 million in funding, while its native coin rose 300%. Currently trading at $0.08, analysts have rated the DTX token as one of the best cryptos to buy in November. They predict a 50% increase in the coming days.
DTX Exchange revolutionizes trading with the mixed trading model that includes the best features of CEX and DEX. Such an approach allows users to trade over 120,000 different assets – cryptocurrencies, stocks, indices and commodities – on a single platform. Additionally, DTX provides anonymity and freedom without requiring personal identification. Traders can access the platform from anywhere in the world.
One of the features that add more value to DTX Exchange is the Phoenix Wallet. This wallet will support all asset types, including cryptocurrencies, stocks, and forex, among others, and will allow users to hold, invest, and trade within the app. The Phoenix Wallet also provides the trader with a simple way to manage multiple assets without the need to move between applications.
In conclusion
The market is seeing a massive rally in November. Analysts believe this could be the start of the long-awaited uptrend. Investors who want to be part of this potential bull run could invest in top crypto coins like Solana (SOL), Binance Coin (BNB), and DTX Exchange. Meanwhile, DTX Exchange is offering a 75% bonus to those who purchase using the code “TRUMP”.
Learn more:
Buy in presale
Visit the DTX website
Join the DTX community
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