October has historically been a bullish month for cryptocurrencies, and this year is shaping up to be no exception. With momentum building and favorable market conditions, several altcoins are nearing breakout points. Here are four altcoins that could reach new all-time highs in October:
1. Binance Coin ($BNB )
Current Price: $602.20
Potential High: $725
BNB's price could gain massively from the early release of ex-Binance CEO Changpeng Zhao's development, confirming a bull market return.
2. Sui ($SUI )
Current Price: $1.62
Potential High: $2
SUI's performance is linked to Grayscale SUI Trust and notable demand, with some predicting it's the Solana (SOL) of this cycle.
3. LayerZero ($ZRO )
Current Price: $5.06
Potential High: $5.57
ZRO's price increase is linked to the project's recent decision to reallocate unclaimed airdrops to active wallets, sparking new investor interest.
4. MANTRA (OM)
Current Price: $1.23
Potential High: $1.50
$OM's anticipated Mainnet launch and golden cross formation on the EMA indicate a bullish trend, potentially breaching resistance at $1.29.
Key Takeaways
- October historically favors altcoins
- Favorable market conditions and increasing demand
- Technical analysis indicates potential breakouts
- Keep an eye on these altcoins for explosive growth
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#Altcoins #BullRunAhead #BnbAth #SUI🔥 #ZRO
