Positive news! Analyst: This week, these 3 coins may have a big pump and reach a milestone.

BitCoin hits a new high, are 3 types of altcoins also ready to take off?

Bit coin rose to nearly $94,000 in the early morning of November 20, setting a new historical high. While altcoins have not yet experienced a big pump, on-chain analyst Aaryamann Shrivastava mentioned three potential altcoins in an article on Monday, believing that they will reach milestones and are expected to experience a big pump.

Shrivastava said that although the market in November is dominated by BTC, there are still many coins that have not reached their historical highs. Some upcoming events may trigger the trends of these 3 coins: $APT, $FLOKI, and $ZEC in the next few days, and provide short term support and resistance analysis, for reference only, not as a basis for investment.

Aptos ($APT) Price Trend Analysis

Shrivastava pointed out that Aptos ($APT) is currently oscillating above the $10.92 support level, which happens to be the 61.8% Fibonacci retracement level, and is considered as a short-term support at the bottom.

This week is an important moment for Aptos, as Bitwise launched the world's first Aptos stake-based ETP fund on November 19th and listed it on six major exchanges in Switzerland. The fund will stake hold $APT, which may bring more investment interest and demand, and thus push up the price.

Shrivastava predicts that if market momentum continues to strengthen, $APT is expected to break through $14.05 resistance and continue its upward trend. However, it is important to note that if market sentiment changes, causing the price to fall below $10.92 support, the short-term bullish view will be invalidated and may further decline to $9.15, triggering investor concerns.

As of the time of writing, the $APT price is $11.42, still temporarily holding above $10.92, with a daily decline of 4.5%.

Image source: BeInCryptoAptos ($APT) price trend analysis

Floki ($FLOKI) Price Trend Analysis

Shrivastava pointed out that $FLOKI has experienced a big pump of 128% in the past two weeks. If the meme coin can successfully break the resistance at $0.0002776, the upward trend may continue further.

It is worth noting that FLOKI will collaborate with Forj under Animoca Brands on November 21st to launch the $MONKY meme coin.

The project has received support from ApeCoin and Bored Ape NFT projects, sparking discussions among investors and potentially driving prices further up.

Shrivastava predicts that if the issuance of $MONKY can bring sustained buying momentum, $FLOKI may surge to $0.0003138.

However, if it falls below the key support at 0.0002568 US dollars, it may trigger a pullback and fall back to 0.0002108 US dollars, and the short-term long positions trend will also be invalidated.

As of the time of writing, the $FLOKI price is $0.0002414, temporarily breaking below the support level of $0.0002568, with a daily decline of 3.33%.

Image Source: BeInCryptoFloki ($FLOKI) Price Trend Analysis

Zcash ($ZEC) price trend analysis

Shrivastava pointed out that Zcash ($ZEC) has risen by 25.5% in the past four days and is attempting to break through and convert $46.24 into support. If successful, it may move towards $50.

It is worth noting that Zcash is expected to undergo the NU6 upgrade around November 23, which is expected to bring significant improvements to the project.

Shrivastava predicts that this upgrade may further drive bullish sentiment and potentially lead to price increases as the market reacts to these developments.

If $ZEC can fully leverage this momentum, it may break through the $50 mark. However, Shrivastava also reminded that if it falls below the key support level of $40.76, the short-term bullish view will be invalidated and may lead to a significant pullback, causing losses to investors.

As of the time of writing, the $ZEC price is $42.12, temporarily staying above the support level of $40.76, with a daily decline of 5.84%.

Image source: BeInCrypto Zcash ($ZEC) price trend analysis

【Disclaimer】The market is risky, and investment should be cautious. This article does not constitute investment advice, and the analyst's views are for reference only. Users should consider whether any opinions, perspectives, or conclusions in this article are applicable to their specific situation. Invest at your own risk.

'Positive news! Analyst: This week's '3 types of coins' may reach a milestone, could have a big pump?' This article was first published in 'encryption City'