Get Ready for Altseason: These Top Altcoins Are Predicted to Explode in Q4 2024

As the crypto market approaches the end of 2024, excitement is building around certain altcoins expected to soar.

Predictions hint at significant gains for these digital currencies in the upcoming months. This article delves into which tokens could experience explosive growth and what factors might fuel their rise.

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This article is sponsored content and does not reflect the opinion of the CryptoDnes team. The material does not constitute investment advice and is provided by the respective company.

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Ondo (ONDO) Eyes Breakout as Price Nears $0.93 Resistance

Ondo is trading between $0.74 and $0.88, gaining over 3% in the past month. The price is approaching the key resistance level at $0.93. Breaking through this barrier could propel Ondo to the next resistance at $1.06, which is around 20% higher. The Relative Strength Index is at 55.39, indicating there’s room for more upside before hitting overbought territory. The stochastic oscillator at 62.08 supports this bullish momentum. With the price aligning closely with its 10-day and 100-day simple moving averages at $0.75 and $0.77, a move upwards could signal a strong uptrend. Ondo might be gearing up for significant growth as the altcoin season approaches.

MANTRA (OM) Set to Surge: Nearing Key Resistance After 6-Month Rally

MANTRA (OM) is showing signs of bullish momentum despite a recent dip. Over the past 6 months, the coin’s price has nearly doubled, climbing about 99%. Currently trading between $1.42 and $1.60, it’s approaching the nearest resistance level at $1.70. The low stochastic value suggests the coin is oversold, hinting at a potential upward movement. If it breaks through the resistance, OM could aim for the next level at $1.88, offering a significant gain from current prices. With moving averages stabilizing and RSI in neutral territory, MANTRA might be gearing up for a strong push in the anticipated altcoin season.

Render (RENDER) Poised for Breakout as Altcoin Season Approaches

Render is trading between $5.16 and $5.83, close to its 10-day moving average of $5.15. The RSI is slightly above neutral at 52.98, indicating potential for upward momentum. The MACD is positive at 0.0029, suggesting bullish signals. If RENDER breaks the nearest resistance at $6.14, it could climb to the next resistance at $6.80, which would be an increase of over 20% from current levels. Despite recent declines, the consolidation around the support at $4.80 may set the stage for a rebound. With altcoin season on the horizon, RENDER might be ready to surge and reverse its recent downturn.

Jupiter (JUP) Shows Strong Potential Amid Altcoin Revival

Jupiter’s price ranges from $0.84 to $1.05, with a weekly increase of 22.93% and a monthly rise of 28.65%. The 10-day simple moving average is $1.05, surpassing the 100-day average of $0.99, indicating upward momentum. The relative strength index is 53.14, suggesting the coin is neither overbought nor oversold. The nearest resistance level is at $1.13; breaking this could propel the price toward the second resistance at $1.33. The MACD level is a positive 0.0082, adding to the bullish sentiment. With these indicators and the anticipation of an altcoin season, Jupiter has the potential for further gains, potentially achieving significant percentage increases.

Conclusion

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Site: Dogen crypto

Twitter: https://x.com/dogenmeme

Telegram: https://t.me/Dogen_Portal

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