Disclosure: This article is not intended as investment advice. The content and materials on this page are solely for educational purposes.
Find out which altcoin stands the best chance for substantial price growth in Q4 2024: Sui, Polkadot, or Intel Markets.
According to analyst forecasts, we may experience a very optimistic end to the fourth quarter. Consequently, investors are closely monitoring a few key players – Sui (SUI), Polkadot (DOT), and Intel Markets (INTL). Each of these altcoins has significant potential for substantial growth, but which one will yield the highest returns?
Analysts suggest that Intel Markets may offer the greatest profit opportunity due to its small market cap and entry into the AI sector, which is valued in the billions. The cryptocurrency has already produced a staggering 300% return in recent months, and experts believe it can achieve similar gains again.
Sui rebounds after falling below the $2 support level
Sui has recently been on an upward trajectory, with its price climbing from $0.5 in August to $2.35 in October, according to data from CoinMarketCap. The altcoin appeared poised to overcome the $3 resistance level but has retraced due to significant selling pressure in the market.
Despite a drop to a low of $1.88, buyers have initiated another rally. This resurgence follows Sui’s collaboration with Google Cloud, allowing real-time blockchain data to support gaming applications and AI.
Thus, we may observe Sui’s price recuperating in the upcoming trading sessions. Furthermore, its 14-day RSI has surpassed the 51 threshold, indicating increasing bullish momentum.
Therefore, analysts are particularly optimistic about Sui coin, projecting its value could rise in the forthcoming weeks. CryptoKnight claims the Sui token price may hit $2.5322 soon.
Polkadot aims for $6 in Q4 2024
The weekly and monthly charts for Polkadot indicate losses according to data from CoinMarketCap. DOT has been on a downward path after encountering resistance around the $6 mark in July.
Even though the Polkadot price has dipped into the $4 range, a rebound could be imminent. Its 14-day RSI is trending upward and nearing the 50 level.
As noted by THEFLASHTRADING, the Polkadot coin could turn bullish shortly. They anticipate that the altcoin’s value could rise to $6.00 by the end of this quarter. The crypto has a further target of $6-$10 for this quarter, as shared by Davie. Conversely, DOT may retreat to a support level at $4.00 or lower.
Intel Markets presale builds momentum
The ICO for Intel Markets has garnered significant interest among investors over recent weeks. The project has surpassed $1.57 million and is on track to reach $2 million. The INTL coin has already skyrocketed by 300% and is currently valued at $0.036545. Analysts anticipate a massive 10x growth for INTL by the end of this quarter.
In 2022, the average daily trading volume of the perpetual futures market was $101.9 billion. Intel Markets aims to emerge as a key player in this field, with plans to develop a crypto trading platform that incorporates sophisticated tools used by Wall Street professionals.
This platform will provide retail traders access to tools that have traditionally been available to institutional investors. The DeFi venture seeks to become the premier provider of perpetual futures trading options. Key features of the platform include: Autopilot Trading Robots and Intelli M trading system, which are designed to enhance traders’ results.
Both novice and experienced traders can benefit from the Rodeum-powered AI trading bots, which monitor market price fluctuations and predict potential targets. The Intelli M trading system is capable of performing calculations and optimizing profits.
Conclusion
Sui, Polkadot, and Intel Markets are all positioned for significant value increases in Q4 2024. However, analysts believe Intel Markets has the potential to deliver the highest profits, owing to its unique AI-driven trading platform. Savvy investors are already participating in its crypto ICO.
To find out more about Intel Markets, visit the presale, join us on Telegram, and follow us on Twitter.
Disclosure: This content is provided by a third party. crypto.news does not endorse any mentioned products. Users should conduct their own research before taking any action related to the company.