Top 3 Cryptos Primed for Substantial Gains in Q4
As the fourth quarter unfolds, several altcoins are exhibiting bullish momentum and technical patterns that hint at potential price surges.
- SUI is poised for a breakout, according to its Cup and Handle formation. The price has repeatedly tested the $2 resistance level, suggesting a potential upward rally. Analyst CryptoBullet highlights SUI's strong fundamentals, including its $6 billion market cap and stable transaction rate.
With Fibonacci extensions indicating price targets of $2.77, $3, and $3.76, SUI emerges as a cryptocurrency to monitor closely in Q4.
- TAO (Bittensor) is consolidating within a bullish bull flag pattern. Analyst Satoshi Flipper notes that TAO's price is approaching a breakout from this pattern, which could lead to a significant upward move.
The key resistance remains at $640, and a successful breakout could propel the token to new highs. TAO's technical setup indicates strong buying pressure, setting the stage for renewed bullish momentum.
- enqAI has shown impressive growth, with a 300.25% increase in the past month. Despite its recent price decline, enqAI's fundamentals remain solid, with a $32.94 million market cap.
The token's decentralized AI platform and emphasis on bias-free AI outputs position it as a unique player in the crypto and AI space. This blend of innovation and growth makes enqAI a potential candidate for substantial returns.
As Q4 progresses, traders and analysts are keeping a close eye on these three tokens. Their bullish patterns and strong fundamentals make them contenders for top performance in the coming months.