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You are at:Home»Crypto News»Experts predict that this major altcoin will see significant growth in the fourth quarter.
Crypto News

Experts predict that this major altcoin will see significant growth in the fourth quarter.

By Bronz-adminSeptember 11, 202404 Mins Read
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Experts predict that this major altcoin will see significant growth in the fourth quarter.
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IMAGE%202024 09 10%2018%3A38%3A19

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Industry analysts are abuzz with predictions about some altcoins that will surge in the coming months. These digital currencies are gaining attention for their strong growth potential in Q4. Investors and enthusiasts are keeping a close eye on which promising coins will make big gains.

Mantra (OM)

MANTRA (OM) is currently trading between $0.81 and $0.99, showing resilience despite short-term weakness. While price action has been relatively stable over the past week, the coin’s impressive 200% gain over the past six months highlights its long-term potential. A break above the $1.10 resistance level could provide a solid upside move towards $1.29. With strong support at $0.73 and $0.55, OM remains a promising player in the DeFi space, with potential for further growth as the market matures. Balanced RSI and Stochastic values ​​in the mid-60s indicate a potential consolidation before another bullish move.

Helium (HNT)

Helium (HNT) is trading between $7.13 and $8.92, up nearly 10% in the past week and up 28% in the past month. The bullish trend suggests a promising future, with the RSI at 65.49 and high stochastic values ​​indicating continued upside momentum. If HNT breaks the $9.69 resistance level, it could target $11.48, which would be around a 30% upside from current levels. Support at $6.11 would provide stability, making HNT a solid contender for further growth as it leverages its unique decentralized wireless network model.

Temperature (ONDO)

Ondo (ONDO) is currently navigating a difficult market environment, trading between $0.54 and $0.64. Although the price has dropped 20% in the past month, there are signs that the tide may be turning. With support at $0.49 and resistance at $0.68, ONDO’s RSI and Stochastic values ​​are both around 55, suggesting potential upside. If the bulls can bounce back and break through the resistance at $0.78, ONDO could see a significant upside of 20% or more. As the market stabilizes, ONDO could offer future growth opportunities in the decentralized finance space.

Aptos (APT)

Aptos (APT) is showing mixed signals, trading between $5.54 and $6.52. Currently, both bulls and bears are relatively weak, but Aptos still has potential. The coin is down slightly by over 2% this week and over 1% this month, but if it can break above the $6.99 resistance, it could target $7.97, which would represent a 17% upside. With the RSI at a neutral 51.71, Aptos could be in a consolidation phase before a more decisive move. The platform is well-positioned for future growth, with a focus on scalability and efficiency in the blockchain space.

Invariant (IMX)

Immutable (IMX) is trading between $1.10 and $1.31, with the recent weakness reflecting a 64% drop over the past six months. Nevertheless, IMX is well positioned for a recovery, forming a resistance level of $1.42 and a support level of $1.00. If the coin were to gain 8% and break $1.42, it could rally to $1.63, up 25% from current levels. The neutral RSI and Stochastic values ​​suggest that the market is watching closely for signs of a breakout. As interest in NFTs and gaming continues to grow, the IMX platform for scalable blockchain solutions could generate revenue in the future.

conclusion

Experts believe that coins such as OM, HNT, ONDO, APT, and IMX will see significant growth in the last quarter of this year. Key indicators and recent trends support this optimistic outlook. These altcoins stand out due to their diverse use cases and strong community support. Market activity suggests that investor confidence has increased. The momentum gained could continue into Q4 and into the new year.

Disclaimer: This article is provided for informational purposes only. It is not provided or intended to be legal, tax, investment, financial or other advice.

Investment Disclaimer

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