October, often referred to as "Uptober" in the crypto space, is expected to be a month of rallies. BeInCrypto has identified three altcoins with promising price action in the coming days.
1. FTX Token (FTT)
FTT has surged by 84% over the past eight days as rumors of repayment to creditors circulate, with a critical hearing scheduled for October 7. Trading at $2.57, FTT could rise further to $2.98 if optimism continues. However, the possibility of a pullback looms after the hearing as traders might follow the "buy the rumor, sell the news" strategy.
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2. MANTRA (OM)
The upcoming mainnet launch has propelled OM to a new all-time high at $1.47. While bullish momentum may drive prices even higher, investors may cash out, leading to a potential pullback to support levels around $1.20 or $1.04.
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3. Stacks (STX)
STX, although not at an all-time high, is expected to rally thanks to the Nakamoto hard fork on October 9. This upgrade will significantly reduce block time to five seconds and bring 100% Bitcoin finality. With these enhancements, STX could rally to $2.06, and breaching that level might take it to $2.26, marking a four-month high.
