Explore the altcoins poised for significant price growth in Q4 2024: Sui, Polkadot, and Intel Markets.
Investor sentiment is building as analysts predict a bullish conclusion to the fourth quarter of 2024. Notable contenders include Sui (SUI), Polkadot (DOT), and Intel Markets (INTL). Each altcoin demonstrates substantial growth potential, but which is likely to deliver the greatest returns?
Intel Markets stands out among analysts, thanks to its low market cap and entry into the lucrative AI sector. The cryptocurrency has already seen a remarkable 300% increase in recent months, leading experts to believe it could replicate this success.
Sui Regains Traction After Losing the $2 Support Level
Recently, Sui has experienced an upward trend, rising from $0.50 in August to $2.35 in October, as indicated by market data. Although the altcoin seemed set to surpass the $3 resistance level, it faced selling pressure, causing a reduction in price.
Having dipped to $1.88, Sui has begun another upward movement following its integration with Google Cloud for real-time blockchain data aimed at gaming and AI applications.
Analysts suggest that Sui could soon regain its previous levels, with bullish momentum indicated by its 14-day RSI crossing the 51 mark. Projections place the price of Sui at approximately $2.53 in the near future.
Polkadot Targets $6 in Q4 2024
Polkadot has seen losses on both weekly and monthly charts, with downward trading observed after hitting resistance around the $6 mark in July. Despite a decline to the $4 range, a potential rally is anticipated soon, supported by an uptrend in the 14-day RSI, nearing the 50 level.
Analysts expect Polkadot to turn bullish shortly, with price forecasts suggesting a rise to $6.00 by the end of this quarter. However, some experts warn that the price could drop to support levels around $4.00 if upward momentum fails to sustain.
Intel Markets Presale Gains Momentum
Intel Markets’ ICO has attracted considerable attention from investors, surpassing $1.57 million and aiming for $2 million. The INTL token has appreciated by 300% already, currently priced at $0.036545, with projections suggesting massive 10x growth by the quarter’s end.
In the booming perpetual futures market, which saw an average daily trading volume of $101.9 billion in 2022, Intel Markets seeks to lead by developing a sophisticated crypto trading platform equipped with advanced tools typically available to institutional traders.
This platform will empower retail traders with features like Autopilot Trading Robots and the Intelli M trading system, enhancing trading outcomes. Both novice and experienced traders will benefit from AI trading bots that monitor market fluctuations and forecast potential targets.
Conclusion
Sui, Polkadot, and Intel Markets are primed for substantial value increases in Q4 2024. Nevertheless, analysts highlight Intel Markets as potentially more profitable due to its innovative AI-driven trading platform, attracting smart investors to its crypto ICO.
