Altcoins Set to Surge in Q4: MANTRA (OM), Helium (HNT), Ondo (ONDO), Aptos (APT), and Immutable (IMX)

Industry analysts are abuzz with forecasts for select altcoins set to surge in the coming months. These digital currencies are capturing attention due to their strong potential for growth in Q4.

Industry analysts are abuzz with forecasts for select altcoins set to surge in the coming months. These digital currencies are capturing attention due to their strong potential for growth in Q4. Investors and enthusiasts will find out which promising coins are on the radar for major gains.

The cryptocurrency market is presenting promising opportunities with several altcoins poised for significant growth in the final quarter of the year, according to industry analysts. These digital currencies have been on a promising trajectory throughout 2023, and their momentum is expected to continue. Here's a closer look at five altcoins that could be set for a strong Q4:

1. MANTRA (OM)

MANTRA (OM) is a DeFi token that has shown resilience despite some short-term weaknesses. Currently trading between $0.81 and $0.99, the coin's strength is evident in its 200% gain over the last six months. A breakthrough above the $1.10 resistance could trigger a rise to $1.29. Balanced RSI and Stochastic values in the mid-sixties indicate a potential consolidation before another bullish move.

2. Helium (HNT)

Helium (HNT) is a decentralized wireless network token that's showing strong momentum, trading between $7.13 and $8.92. Recent gains of nearly 10% in a week and 28% over the past month bode well for the coming period. The bullish trend could see HNT targeting $9.69, and if it breaks through this resistance, it could aim for $11.48, a potential gain of around 30% from current levels.

3. Ondo (ONDO)

Ondo (ONDO) is a decentralized finance token that's currently navigating a challenging market environment, trading between $0.54 and $0.64. While the price has dropped 20% over the past month, there are signs that the tide could turn. Support at $0.49 and resistance at $0.68, ONDO's RSI and Stochastic values, both around 55, suggest room for potential upside.

4. Aptos (APT)

Aptos (APT) is a layer-1 blockchain token that's showing mixed signals, trading between $5.54 and $6.52. Both bulls and bears are relatively weak at the moment, but Aptos' potential remains. The coin has seen small declines of over 2% for the week and 1% for the month, but if it can break the $6.99 resistance, it could aim for $7.97, representing a 17% increase.

5. Immutable (IMX)

Immutable (IMX) is a gaming and NFT token that's showing signs of recovery, trading between $1.10 and $1.31. Recent weakness is reflected in its 64% drop over the past six months, but IMX is well-positioned for a bounce-back. Resistance at $1.42 and support at $1.00 could see IMX pushing toward $1.63 if it gains 8% to break through $1.42.

Conclusion

These five altcoins, OM, HNT, ONDO, APT, and IMX, are on the radar for potential growth in Q4. Diverse use cases, strong community support, and key indicators support this optimistic outlook. Market activities hint at increased investor confidence. The momentum gained could sustain through Q4 and into the new year.