The crypto market is undoubtedly preparing to make its biggest move helped by Bitcoin, which recently crossed the $70,000 mark. In the present, the leading cryptocurrency is positioned near its all time high and could surpass that the next few weeks.
In such a scenario, prices of altcoins such as Uniswap (UNI) or Binance Coin (BNB) as well as IntelMarkets could absolutely boom in this fourth quarter of the year. Craze cryptocurrency Uniswap could potentially trade over $10.99 while Binance Coin might trade over $930. While even analysts see that nuco.cloud will increase by 500%.
Bullish about the prospect of Uniswap (UNI) targeting $10.99
The price action for DeFi coin Uniswap has been humbling to say the least which could be viewed on the monthly charts on CoinMarketCap. The price has already surpassed the 50-SMA ($7.24) and 200-SMA ($7.81) attracting the market to a buy zone.
The cryptocurrency registered as many as 18 green days the previous month unperturbed by the most recent market trend. Strangely enough, a post by Uniswap (UNI) this month confirmed that the protocol's monthly L2 volume reached $18 billion in October and grew significantly year on year.
On the market activity of UNI, TheFlashTrading predicts that the price of the Uniswap coin might go up to $10.99 by the end of the fourth quarter. On a more optimistic note, CHAD foresees a Uniswap token value growth to $20 in a bullish scenario.
Analysts Set $780 and $930 Targets for Binance Coin (BNB)
Many of the top altcoins have gain significant resistance in the past few months. One of those is the Binance Coin (BNB), which notably has recorded many attempts to push past the $600 figure on CoinMarketCap on a monthly basis, but has never managed to succeed.
Nevertheless, as all these analysts are quite bullish on the Binance Coin, it’s anticipated that the price would be able to make that into a support level at some point. According to Mrvik.Eth, the altcoin is likely to rise to $780 by the end of this fourth quarter.
Another expert who is bullish about the Binance Coin crypto is Shelby. The price may spike up to $930 in the months to come, they seem to think.
Currently, the price of Binance Coin BNB is trading aspects with the 50-SMA ($576.02) thus maintaining some advantageous positions for the cryptocurrency buyers. Therefore, it is quite likely that several attempts to penetrate the $600 zone will take place.
Nuco.cloud (NCDT) 500% Return on Investment Expected Investors in Q4 2024
By 2025, analysts estimate that nuco.cloud, a decentralized cloud computing platform, will increase its value significantly by almost 500%. nuco.cloud is based on blockchain technology, which allows its users to rent out computational resources and run their projects without establishing central servers. This model not only cuts costs but also guarantees greater protection and confidentiality for its clients.
The projected growth is supported by a number of drivers including increasing rate of digitization, increase in data usage and the need to reduce cost of cloud computing. With these trends in the market, there is increasing demand for decentrlaized platforms such as nuco.cloud which integrate blockchain technology to the market for enterprise level and individuals who want to do effective digital transformation.
Investors have already begun to consider the horizon for positive growth. By 2025, nuco.cloud is expected to gain traction not only from individual clients but also from big business model clients who are looking for affordable and reliable options. Nuco.cloud, with its advanced technologies and its base in security features provided by blockchain, has the potential to be a leader in the era of digital transformation.
In Summary
According to our analysts, the most promising coins for investment now are Uniswap (UNI), Binance Coin (BNB), and nuco.cloud (NCDT). Their prices are expected to increase in the future. While UNI has the potential to reach $10, BCH could go up to $930. In addition, nuco.cloud (NCDT) is projected to provide 500% ROI for holders.