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Заголовок 3 Hidden Gem Altcoins That May Pump in October 2024
Дата 20240929

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3 Hidden Gem Altcoins That May Pump in October 2024

October is historically a bullish month for the crypto market• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта. Because of
this, investors might be on the lookout for hidden gem altcoins that could
bring significant gains.

These lesser-known cryptocurrencies• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта sometimes have strong fundamentals and
increasing community support, which could make them worth monitoring. As such,
this analysis uncovers three under-the-radar altcoins that show promising
signs of a major pump in October.

Echelon Prime (PRIME)

PRIME, the native token of the decentralized finance and gaming web3 project,
tops this list of altcoins. One reason for its inclusion is the assertion that
gaming tokens could be one of the trending narratives next month and
throughout the rest of the year.

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Built on the Ethereum• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Ethereum blockchain• Информационные технологии » Информационно-коммуникационные технологии » Информационные технологии и телекоммуникации » Базы данных » Публичная база транзакций » Блокчейн

• Высокие технологии » Информационные технологии и телекоммуникации » Базы данных » Публичная база транзакций » Блокчейн
, PRIME’s price has increased by 35.39% in the
last 30 days, with the most gains coming from the recent token unlock .

Furthermore, a look at the addresses by time held shows that many investors
who have owned the token within the last month through the last 365 days have
refrained from selling it. Thus, this suggests a high conviction in its short
to long-term potential and that PRIME might not undergo a major price
correction. Echelon Prime Addresses By Time Held. Source: IntoTheBlock

On the daily chart, PRIME’s prime jumped above $12 on September 28. This surge
could be attributed to the breakout from the descending triangle, which is due
to the formation of lower highs and a horizontal support level.

PRIME’s price has decreased to $10.20. However, the Money Flow Index (MFI)
reveals that substantial capital is still flowing into the altcoins. As a
result, a major rebound could occur from its current price.

Read more: 5 Best Crypto Payment Gateways Every Business• Экономика » Бизнес Should Know Echelon
Prime Daily Price Analysis. Source: TradingView

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If that happens, PRIME’s value might surge by 70% in October, potentially
reaching $17.25 before the month ends. On the other hand, the altcoin’s price
might face a notable downturn if it drops below $10.17. In that scenario, the
price could fall to $8.07.

Celo (CELO)

Celo is ranked the 159th most valuable crypto in terms of market
capitalization. It is built on Ethereum• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Ethereum and focuses on real-world stablecoin
utility. On September 25, Ethereum• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Ethereum co-founder Vitalik Buterin• Объект человек » Персоналии по алфавиту » Персоналии на Бу » Бутерин, Виталик applauded Celo
for surpassing Tron in terms of stablecoin activity.

This development implied improved user engagement on the Ethereum• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Ethereum layer-2
project. Apart from that, digital asset management firm Grayscale added CELO
to the list of altcoins, which it expects to perform well during this year’s
last quarter.

Based on the daily chart, CELO’s price climbed over 50% in less than two weeks
after the formation of an inverse head and shoulder pattern. This technical
pattern is a bearish-to-bullish reversal, which usually brings about a
staggering price increase.

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Celo Daily Price Analysis. Source: TradingView

As of this writing, CELO’s price is 0.64. However, as it happened during the
uptrend, this decline could be a brief drawdown, and a rebound might likely be
likely in the coming days.

Once validated, CELO might increase by nearly 36% and hit $0.87 in October.
However, if CELO’s price slips below $0.60, it might end the month in a net
negative.

Aethir (ATH)

As a Decentralized Physical Infrastructure Network (DePIN) project, Aethir
(ATH) enhances the distribution of AI chips. With its structure, the ATH is
also a gaming token, reinforcing the notion that AI tokens , as well as gaming
altcoins, could perform well in October.

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Interestingly, ex-BitMEX CEO Arthur Hayes appears to share a similar value,
especially after he dumped other altcoins for the token. Based on the daily
chart, the 20-day Exponential Moving Average (EMA) — in blue has crossed over
the 50 EMA (yellow) for the first time in a long while.

The EMA measures trend direction. When the longer EMA crosses above the
shorter one, the trend is bearish. Therefore, the current situation (golden
cross) with ATH trading at $0.065 means that the altcoin trend is bullish.

Read more: 10 Best Altcoin Exchanges In 2024

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Aethir Daily Price Analysis. Source: TradingView

Despite a recent decline, the Golden Cross formation suggests that ATH’s price
might return northward. If that happens, then ATH could rise toward $0.090
next month. On the flip side, Aethir’s price could decrease to $0.053 if the
50 EMA rises above the 20 EMA again, invalidating the bullish prediction.

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Trusted

Disclaimer

In line with the Trust Project guidelines, this price analysis article is for
informational purposes only and should not be considered financial or
investment advice. BeInCrypto is committed to accurate, unbiased reporting,
but market conditions are subject to change without notice. Always conduct
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============= Итог: 6,1467 ; Экономика#Финансы#Платежные средства#Платежные системы интернета #Криптовалюта#Ethereum#Бутерин, Виталик 6,1467 ; Экономика#Финансы#Платежные средства#Платежные системы интернета #Криптовалюта#Ethereum#Блокчейн 1,3594 ; Экономика#Бизнес 3,2660 ; Информационные технологии#Информационно-коммуникационные технологии #Информационные технологии и телекоммуникации#Базы данных #Публичная база транзакций#Блокчейн#Ethereum 3,2660 ; Информационные технологии#Информационно-коммуникационные технологии #Информационные технологии и телекоммуникации#Базы данных #Публичная база транзакций#Блокчейн#Криптовалюта

============= Объекты: персоналии Бутерин, Виталик Канадско-российский программист, сооснователь журнала Bitcoin Magazine, сооснователь проекта Ethereum Ethereum (2014-***)

============= Связи: Блокчейн # ассоциации # Ethereum Криптовалюта # ассоциации # Блокчейн


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