October is known for its bullish trends in the crypto market, making it an opportune time for investors to explore hidden gem altcoins that could yield substantial gains. These lesser-known cryptocurrencies have promising fundamentals and growing community support.
First on the list is Echelon Prime (PRIME), a decentralized finance and gaming token built on Ethereum. PRIME has shown a 35.39% price increase in the last 30 days, mainly driven by a recent token unlock. High investor conviction suggests limited chances of a major price correction.
Additionally, PRIME’s price could increase by 70% in October if it breaks past certain resistance levels, potentially hitting $17.25. However, if it drops below $10.17, the price might fall to $8.07.
Next is Celo (CELO), ranked the 159th most valuable crypto. Built on Ethereum, Celo focuses on real-world stablecoin utility and has received praise from Ethereum co-founder Vitalik Buterin. Grayscale has also added CELO to its list of promising altcoins. An inverse head and shoulder pattern suggests a bullish reversal, potentially increasing CELO’s price to $0.87 in October.
Lastly, Aethir (ATH), a Decentralized Physical Infrastructure Network project, enhances AI chip distribution and is also a gaming token. Ex-BitMEX CEO Arthur Hayes has shown interest in Aethir, adding credibility. A Golden Cross formation on the daily chart indicates a bullish trend, possibly driving ATH’s price to $0.090 next month.
In summary, these three altcoins—Echelon Prime, Celo, and Aethir—show great potential for a significant price pump in October 2024, backed by solid fundamentals and technical indicators.
