7 recommendations to invest in November

November begins with historical maximums of Bitcoin, which at the time of writing this report exceeds US $ 6,600. The most outstanding event of the month will be the new Fork of the BTC, better known as SegWit2x.

1- Ethereum Classic (ETC)

Ethereum Classic has several weeks with a strong downward trend, holding for the moment the psychological support of US $ 10. While it does not lose it is convenient to make speculative purchases, looking for short term returns.

From now I would place the objectives of the ETC for November at 11 and 11.95 dollars respectively. In the medium term, the Token can reach up to US $ 13.

ETC is very correlated with what Ethereum does, which at the moment struggles to consolidate the US $ 300.

2- TenX (PAY)

TenX started the month of October around US $ 2.75, then closing close to US $ 1.80. At the moment it is trading at US $ 1.58, being an interesting point of purchase.

If there is a rebound in TenX, it can rise to at least US $ 2.20 (40% more than the current price). In the medium term (1 to 3 months) its potential would place it up to $ 4.

The Token can be traded in Bittrex under the acronym PAY.

3- Ripple (XRP)

Ripple is a cryptocurrency that we have in all our listings, as it offers unparalleled short-term trading opportunities. Token XRP has the support of banks, which gives much support to the digital asset.

I would recommend buying Ripple around the US $ 0.18 (quoted very close to that value now), to then sell close to US $ 0.25. If you analyze the graph , you will see that this trading opportunity is often given.

If you think about short-term investment, it is advisable to do it through CFD , in order to enter and exit the market quickly.

4- IOTA (MIOTA)

In the last 3 months IOTA has lost 70% of its value, which transforms it into a more interesting buying opportunity, since its Internet of Things (IoT) project has a lot of future ahead of it.

One of the disadvantages of this cryptocurrency is that it can only be traded in Bitfinex, which means that its liquidity is reduced to a single exchange.

This is one of the investments in which it is committed to the project, without looking so much the current quote, which is US $ 0.35. If there was a rebound in November, the first objective would place it at US $ 0.55, followed by US $ 0.80.. In the medium term it can return to its maximum of US $ 1.10, and in the long term if the project is successful, the quotation has no ceiling.

5- OmiseGO (OMG)

OmiseGO is a cryptocurrency that has 3 months of life, and that is negotiated at US $ 6.30, less than 50% of the maximum reached there at the beginning of September.

OMG's key support stands at US $ 5.90, very close to the current price.

One of the strengths of this Token, apart from its project, is that it has the backing of Ethereum's founder, Vitalik Buterin.

Like IOTA, this is a cryptocurrency by which you bet on your project, without looking so much the current quote. If there is a rebound at this point, it can easily go up to $ 9. In the medium and long term it can return as little as its maximum of US $ 13.

6- OKCash (OK)

The last 48 hours of OKCash are pure vertigo, from US $ 0.18 on October 30 to US $ 0.43 on October 31, then fall to US $ 0.27 at the beginning of the month.

It is a cryptocurrency with an interesting project, which offers good investment opportunities both in the short and long term.

This level can be a good entry point, to look for a quick return. The objective of minimum for November would place it at US $ 0.45, and the maximum for the remainder of the year at US $ 0.60.

7- METAL (MTL)

Finally I would highlight the METAL cryptocurrency, which in the last week has lost 50% of its value.

This investment is only advisable in the short term, looking for a quick rebound. In the medium and long term, it is not convenient, at least until it is determined why such a sharp fall occurred.

If there is a rebound at this level, the first objective may be the US $ 6.90 zone, followed by US $ 8.50.

@jacksonmil980