Based on previous bull runs, here are the top altcoins for 10x profits in October. So, let’s take a quick look at the price chart of the altcoins we picked.
The most worthwhile altcoins to buy in October:
SushiSwap（SUSHI）
As the DeFi market recovers, the SUSHI token could surge as decentralized exchange activity booms. Sushiswap has a market cap of $226.1 billion and has grown 14.41% in the past 24 hours.
Moreover, the recovery rally has surpassed the 200-day SMA, marking a bullish turn. On the daily chart, the recovery move has surpassed the $0.85 mark and is challenging the 23.60% Fibonacci level at $0.88.
Moreover, in the short term, it signals a rounding bottom reversal with the neckline located at the 23.60% Fibonacci level. The bullish turn at the 50-day EMA signals a potential golden cross. There is a chance that Sushiswap could achieve a 10x rally in October.
TRIBE
The TRIBE token has a market cap of $251 million and is up 15.35% in the last 24 hours. On the weekly chart, the TRIBE token is showing a sharp rebound, regaining dominance over the 50-week EMA.
The TRIBE token is regaining bullish dominance despite facing resistance at the 23.60% Fibonacci level at $0.64. As the coin prepares to rebound, a strong rally in 2023 and early 2024 reveals huge latent potential.
According to the Fibonacci levels, the optimistic upside target for TRIBE token is $2.2272 from the current market price. Meanwhile, the broader market impetus in the October rally could drive the altcoin up 10x.
Check out Coinpedia’s Dogecoin price prediction to find out where the biggest meme coin DOGE is headed in 2024.
SAFE
Despite being in a clear downtrend, the SAFE token eventually found critical support at $0.64. With the double bottom reversal from this critical support level, the SAFE token broke out of a descending channel pattern.
Summarizing the downtrend, the altcoin has gained 55% in two weeks. The bullish reversal momentum is gaining momentum towards the 100-day EMA and the 23.60% Fib level at $1.12.
Additionally, the recent reclaim of the psychological barrier of $1.01 signals a massive trend reversal rally. Based on Fibonacci levels, the altcoin could reach the top of the descending channel pattern at $2.68. With the broader market driving in the October rally, SAFE Token shows the potential for 10x upside.