While Bitcoin continues to accumulate above $60,000, we see a mixed trend in altcoins. In this process, while making the altcoin move, successful analyst Tom Busby shared with his followers 5 altcoins that he expected to rise in November.
At the top of the analyst’s list is Ripple. Commenting on the Ripple case, Busby reminded that the judge requested evidence that the SEC may have lied to the court, and stated that this mistake of the SEC could be effective in the course of the case. Thinking that Ripple will strengthen its defense with these documents, the analyst stated that there may be an increase in the XRP price for this reason.
Second on the analyst’s list is Ethereum. Stating that his expectations for ETH, which recently broke its record, continue, Busby said, “The use of DeFi and NFT with Ethereum and other layer 1 assets in the last 6 months shows that Ethereum intends to compete with Bitcoin.” said.
Third on the list is Harmony (ONE). One hit an all-time high in October after announcing $370 million in funding. Thinking that the rise in One will continue in November, the analyst pointed to $1.80 as a potential target.
Two other altcoins that the analyst expects to rise in November are Theta and Nano.
Do not invest with the analyst’s expectation that these altcoins will continue to rise. The information contained herein and the analyst’s comments are not shared as investment advice. Investing according to the information here may cause you to lose all your assets. Make your investment decisions only based on your own research.
You can watch the full statement of the analyst in the video here.