Injective (INJ), Pearl (PEARL), and PEPE are the top altcoins to watch in the second week of November 2026, as each token trades within 8% of a key Fibonacci resistance level.
According to CoinGecko, INJ and PEARL gained 14.6% and 14.2% over the past seven days, respectively. PEPE lagged with a 3.8% weekly gain but is pressing against a 10-month ceiling.
Injective (INJ) Bounces From a Triple-Tested Trendline
The INJ daily chart shows a bullish structure. In October, sellers rejected the price at the $8.60 to $8.95 zone after a wick to the local high of $9.417. INJ then corrected roughly 27% to the 0.382 Fibonacci retracement at $6.867 on November 3. That level coincided with an ascending support trendline, which also held on September 4 and September 16. The same zone capped the price in early June, so former resistance has turned into support. Since that low, INJ has rebounded about 18%.
A break above $8.75 could open a retest of the October high, roughly 16% above current levels. Meanwhile, the Relative Strength Index (RSI) reads 55, cooling after a strong uptrend. Volume is declining as the price consolidates, which may point to accumulation. Institutional interest has also grown since Pineapple Financial began moving its mortgage portfolio onchain via Injective. A daily close below $6.867 would invalidate the bullish setup.
Pearl (PEARL) Stalls Below the 0.618 Fibonacci Level
PEARL has a short trading history, and the 4-hour chart offers the clearest view. The token rallied nearly 30% from the November 3 low at $1.35. The price now sits on the 0.5 Fibonacci retracement at $1.731. Earlier, sellers rejected PEARL at the 0.618 level at $1.8225, the second rejection from that zone since late October.
Support lies at the 0.382 retracement at $1.640, which aligns with an ascending trendline. A breakdown below it could expose the 0.236 level at $1.528. However, volume keeps fading, and the RSI sits at a neutral 53. A decisive move out of the $1.64 to $1.82 range could set PEARL’s short-term direction.
PEPE Consolidates Under a 10-Month Ceiling
PEPE appears to be in accumulation just below the 0.618 Fibonacci retracement at $0.00000534. That zone has capped rallies repeatedly since January 2026. The token also featured in last week’s list while testing the same area. In September, PEPE led a breakout among meme coins before retreating below this resistance.
Volume spiked on October 29, but that session closed with a long upper wick, marking a failed breakout. Activity has since dropped to low levels. Still, the RSI holds near 60, in bullish territory with room before overbought conditions. A confirmed break above $0.00000534 could send PEPE toward the 0.786 level at $0.00000618, a 22% gain. On the downside, support sits at the 0.5 retracement at $0.00000474.
All three altcoins now trade near decision levels. Volume confirmation on any breakout will likely determine whether next week brings continuation or another rejection.
