The Altcoin Season Index is rising, and the market is preparing for another possible bull run. Looking at the quarterly returns of BTC, it is clear that Q4 has always been a favorable period for Bitcoin. Judging by the charts, the leading altcoins are slowly recovering and breaking out of important resistance levels. In the current situation, I recommend turning your attention to the following three coins:
TRON has built a thriving ecosystem of apps and services, and the #TRX token could see significant growth, making it a notable addition to any altcoin portfolio. TRX’s recent rally over the past month, up about 15.57%, indicates bullish momentum. The 10-day and 100-day moving averages indicate stability, while the low RSI suggests TRON may be oversold, further promising upside potential.
Solana #SOL has attracted a wide range of developers and projects due to its speed and scalability. As more applications and platforms are built on Solana, demand for SOL could increase significantly, making it a top contender for explosive growth in 2024.
Dogecoin #DOGE With low transaction fees and fast processing times, Dogecoin continues to gain popularity as a medium of exchange. Elon Musk’s continued support and potential future network upgrades could set DOGE up for further gains, especially if market sentiment turns bullish.
I hope everyone has prepared a briefcase for the bull?