The last month of the year is approaching, but before December begins, some altcoins are preparing for a final hurray to end November. This includes the token with the same name as Bitcoin, which is likely benefiting from the rise in BTC.
BeInCrypto analyzed two other altcoins that investors should keep an eye on in the last week of November.
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Celestia (TIA)
TIA was one of the worst performing tokens this month, dropping 40% in less than two weeks. However, Celestia could reverse its downtrend with an upcoming Matcha upgrade, attracting increased attention as traders look for potential catalysts.
The Matcha upgrade introduces scaling to 128 MB blocks, reducing inflation by 50%. These improvements could help TIA rebound from the $0.607 support level and head towards $0.784. A rally of this magnitude is critical to recovering the token’s sharp monthly decline.
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If the upgrade does not materialize or fails to generate enough momentum, TIA could fall to $0.531. A break below this support will invalidate our bullish thesis and further declines will become more likely as investor confidence weakens.
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Helium (HNT)
HNT has fallen 24% over the past week and is currently trading at $1.91, just below the major resistance after rebounding from the $1.79 support level. The recent pullback has given traders a narrow window until helium stabilizes as they evaluate future catalysts.
Helium’s upcoming HIP-148 protocol upgrade introduces significant network changes that may support price recovery. At the same time, HNT and Bitcoin’s strong correlation of 0.89 means that a rally in BTC could help push the token toward the $2.10 resistance, and possibly $2.28 if momentum gains.
If HNT fails to benefit from Bitcoin movements or upgrades to its own network, bearish pressure could return. A break below the support at $1.79 could send the price towards $1.66, invalidating the bullish argument and signaling renewed weakness in the overall helium ecosystem.
Bitcoin Cash (BCH)
Bitcoin’s recent rally presents an opportunity for BTC-themed assets, and Bitcoin Cash appears well-positioned to benefit. As one of the most famous Bitcoin hard forks, BCH has already reacted to improved sentiment.
BCH has risen 13% in recent days and is currently trading at $544, just below the key resistance level at $555. This barrier has historically limited upward movement, making a breakout essential to continue momentum. A successful breach could pave the way for BCH to reach $593, the last resistance before attempting to regain the $600 zone. Increased inflows reflected in improved CMF could help drive this progress.
If BCH fails to clear the $555 ceiling again, history of downside rejection may repeat itself. Such a move could push the price back towards $503 and even $479. A decline of this magnitude would invalidate the bullish theory and indicate new weakness in the trend.
