3 Altcoins to Watch for Potential Gains in October
As October nears, a typically bullish month for cryptocurrencies, three altcoins to watch for potential gains are Echelon Prime (PRIME), Celo (CELO), and Aethir (ATH), each displaying promising market trends.
October has historically been a bullish month for crypto, making it an ideal time to seek out lesser-known altcoins that could yield significant returns. Here are three promising altcoins to monitor this October.
Echelon Prime (PRIME)
Echelon Prime, the native token of a decentralized finance and gaming Web3 project, has risen 35.39% over the past 30 days, largely due to a recent token unlock. Many investors holding PRIME show strong conviction, with no signs of selling.
On September 28, its price jumped above $12 but has since dropped to $10.20. The Money Flow Index suggests potential for a rebound, and if successful, PRIME could rise by 70% to around $17.25. However, falling below $10.17 may lead to a drop to $8.07.
Celo (CELO)
Celo, ranked 159th by market cap, focuses on stablecoin utility and has gained attention from Ethereum co-founder Vitalik Buterin. Its price has risen over 50% in less than two weeks after forming a bullish inverse head and shoulders pattern. Currently priced at $0.64, CELO could rebound to $0.87 if it holds above $0.60; otherwise, it may end the month negatively.
Aethir (ATH)
Aethir enhances AI chip distribution and is also a gaming token. The recent crossover of the 20-day Exponential Moving Average (EMA) above the 50 EMA signals a bullish trend for ATH, currently at $0.065. Despite a recent pullback, this golden cross indicates potential for growth, possibly reaching $0.090 next month. If the 50 EMA surpasses the 20 EMA again, ATH could drop to $0.053.
Looking Ahead: These altcoins could present strong growth opportunities as the crypto market prepares for October.
