Historically, the fourth quarter is when cryptocurrencies see their most explosive price increases. With 2024 being a bullish year, the trend is expected to repeat itself. Hence, this is the best time to buy cryptos.
There are three solid options for investors looking for the best cryptos to buy: Avalanche (AVAX), Binance Coin (BNB), or DTX Exchange (DTX). In this article, we will look at experts’ price predictions for these three top altcoins to see which of them can make you rich in Q4.
Avalanche (AVAX) Builds Bullish Momentum, $50 in Sight?
Early in September, the price of Avalanche (AVAX) dropped to its $20 support level, signaling the completion of a fib 74% correction. Since then, the Avalanche crypto has increased by more than 35% to recover back above the $27 support level, according to data from CoinMarketCap. In addition, key metrics are indicating a rise in bullish momentum after hitting oversold levels.
Confirming a potential trend reversal, the Avalanche coin is holding strong above the 50-SMA ($23.37) and 100-SMA ($25.06). This means that AVAX could extend its gains in the coming weeks. The next price target for Avalanche (AVAX) is $30 before it can rally toward $50 in Q4. The recent partnership with ParaFi Capital, where $1.2 billion of the crypto hedge fund will be tokenized on the Avalanche blockchain, could provide momentum for AVAX.
Binance Coin (BNB) Crosses $600, How High Will It Go?
One of the best altcoins in this recent crypto market recovery has been Binance Coin (BNB). For the first time in more than 100 days, the Binance Coin price has crossed $600, with all its metrics looking hyper-bullish. On the weekly timeframe, the BNB coin has increased by more than 13%, making it the biggest gainer among the top 5 cryptocurrencies.
The recent bullish momentum of BNB intensified after it was announced that its former CEO, Changpeng Zhao, will be released on September 29. Coming just before the beginning of Uptober, a term referring to the upward momentum of cryptos in October, Binance Coin BNB looks to be in a good position to rally. According to Alex Clay, Binance Coin (BNB) could set a new ATH above $900 in Q4, making it one of the top altcoins to buy now.
Whale Interest Rises As DTX Exchange (DTX) Crosses $2.7 Million
One of the altcoins that has seen the highest level of whale activity in the last few weeks is DTX Exchange (DTX). This new hybrid exchange has captured the interest of whales, as it is set to be the turning point in the crypto trading space. Unlike popular crypto exchanges like Binance, DTX will be the bridge between traditional finance and decentralized finance.
On the DTX Exchange, users can trade instruments from the forex, stocks, equities, and ETF markets, making it the best option. This means that DTX will be bringing the $715 trillion OTC derivatives market to the crypto space. In addition, by employing an on-chain order book, DTX will have a very transparent record of all buy and sell orders.
Whales are highly interested in this new project as it could transform the $10 billion crypto trading space. The crypto ICO of DTX Exchange has crossed $2.7 million and could surpass $5 million in Q4. Its native token, DTX, has also increased by 200%, rising from $0.02 to $0.06 in the third stage of its presale. As one of the most bullish coins right now, analysts believe the DTX coin could see a ten-fold increase before the year ends.
Will Avalanche (AVAX), Binance Coin (BNB), or DTX Exchange (DTX) Make You Rich in Q4?
Out of all the tokens out there, AVAX and BNB are two of the top crypto coins that could see significant price increases, but still, the potential of DTX Exchange appears to be even higher. The increasing attention from whales explains why this could be among the best performing coins in Q4.
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