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Top 4 Cryptocurrencies to Buy Now: November Investment Picks for a Strong 2025 Portfolio

Economies.com
2024-11-07 04:54AM UTC

With November here and the end of the year approaching, the cryptocurrency market offers exciting investment opportunities that should not be overlooked. Current market conditions have positioned several popular and highly-regarded cryptocurrencies at attractive entry points, making this an ideal time for investors to build a strong and diversified portfolio.

 

This article will spotlight the top four cryptocurrencies to buy now, worthy of consideration in your investment strategy, no matter its size. These selections could potentially turn a modest investment of $50 to $100 into substantial gains.

 

Ethereum (ETH)

 

As both a cryptocurrency and a blockchain platform, Ethereum is a favorite among developers due to its potential applications, such as smart contracts that execute automatically upon meeting conditions and non-fungible tokens (NFTs). Ethereum has also significantly reduced its energy consumption while retaining its position as a leading platform for decentralized finance (DeFi).

 

Ethereum has seen tremendous growth from April 2016 to the end of October 2024, with its price increasing from around $11 to approximately $2620, marking a 23,717% gain.

 

 

 

Cardano (ADA)

 

ADA has yielded remarkable returns since its inception, with early investors enjoying gains exceeding 3000% during bullish markets. Cardano holds a prominent position in the cryptocurrency and blockchain space thanks to its research-based approach and formal verification methods, ensuring a high level of security and reliability.

 

 

U.S. Dollar Coin (USDC)

 

The U.S. Dollar Coin (USDC) is a stablecoin, meaning it is backed by the U.S. dollar and aims to maintain a 1 USDC to 1 USD ratio. Operating on Ethereum, USDC can be used to complete global transactions.

 

 

TRON (TRX)

 

TRON was established in 2017, with an initial valuation of $0.0019 per token. At its peak in 2018, TRX reached $0.2245, marking a 11,715% gain within months. Currently, TRX is valued at around $0.16.

 

 

Best Crypto Trading Brokers November 2024

 

  • Pepperstone - Best overall crypto trading broker for beginners in November 2024. Founded 2010. Multiple regulated licenses. Minimum deposit: $0. 20% discount on deposit.
  • Plus500 - Best licensed broker for investing in cryptocurrencies (CFDs) November 2024. Founded 2008. Multiple regulated licenses. Minimum deposit: $100.
  • XM - Top crypto trading platform for educational materials and copy trading in November 2024. Founded 2009. Multiple regulated licenses. Minimum deposit: $5. Periodic competitions and bonuses.

 

Pepperstone Logo

Pepperstone

Licenses:
CySEC, BaFin, FCA, SCB, CMA
Minimum Deposit:
$0
74-89% of CFD retail investor accounts lose money.

Plus500

Licenses:
CySEC, ASIC, IFSC, DFSA, FSA
Minimum Deposit:
$100
82% of retail CFD accounts lose money.
XM Logo

XM

Licenses:
CySEC, ASIC, IFSC, DFSA, FCA
Minimum Deposit:
$5

Ethereum price (ETHUSD) soars – Forecast today - 07-11-2024

Economies.com
2024-11-07 03:57AM UTC

Ethereum price (ETHUSD) opens today’s trading with sharp rise, as it surpassed our extended target at 2750.00$ to approach 2900.00$ barrier, opening the way to achieve more gains on the intraday and short-term basis, noting that the next stations reach 2915.00$ followed by 3040.00$.

 

Therefore, we will continue to suggest the bullish trend for the upcoming period, taking into consideration that breaking 2750.00$ will stop the bullish rally and put the price under the negative pressure on the intraday basis.

 

The expected trading range for today is between 2750.00$ support and 2980.00$ resistance.

 

Trend forecast: 

Bitcoin price (BTCUSD) hits the new target – Forecast today - 07-11-2024

Economies.com
2024-11-07 03:56AM UTC

Bitcoin price (BTCUSD) resumed its positive trading to succeed achieving our new waited target at 76000.00$, noticing that the price shows some bearish bias by today’s open to test the breached resistance that appears on the chart, waiting to gather positive momentum that assist to push the price to resume the main bullish trend and achieve new positive target that extend to 78000.00$.

 

The EMA50 continues to support the suggested bullish wave, noting that breaking 73820.00$ will stop the expected rise and push the price to start bearish correction on the intraday basis.

 

The expected trading range for today is between 73800.00$ support and 78000.00$ resistance.

 

Trend forecast: Bullish

Soybean price is recovering – Forecast today - 07-11-2024

Economies.com
2024-11-07 03:55AM UTC

Soybean price bounced upwards clearly yesterday, as it breached 1004.00$ level and settled above it, to turn to rise on the intraday basis and head towards testing 1028.80$ initially, noticing that the price is forming double bottom pattern that has positive targets that surpass the mentioned level to reach 1050.00$ as a next positive station.

 

Therefore, we expect to witness more rise in the upcoming sessions unless breaking 996.00$ and holding below it.

 

The expected trading range for today is between 1000.00$ support and 1028.80$ resistance.

 

Trend forecast: Bullish