Q4 is already here, ushering in new hopes and expectations of a stunning breakout quarter for Bitcoin and the cryptocurrency space in general. Historically, Bitcoin is known to perform at its best during the last three months of a year, showing stellar price hikes and momentum. Will Bitcoin, along with leading tokens like Ethereum, XRP, Solana, and Dogecoin, make history this time? Let’s find out.
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Pumptober And Q4 Bullish Spell
October is already upon us, with the cryptocurrency market abuzz with new energy and enthusiasm. October has also been labelled Pumptober due to its ability to pump or assist crypto tokens in surging high towards new price ATHs.
According to a post uploaded by LookOnChain, September is often proven to be a bearish month for the crypto domain, while October ushers in bullish momentum for the sector in its entirety.
“September is usually bearish, while October tends to be bullish. Historical price data shows that from 2013 to 2023, $BTC declined in September during 8 of those years (73%) and rose in October during 9 of those years (82%).”
At the same time, per a recent post by Bitcoin Magazine, Bitcoin has been shown to deliver some of its price trajectories in Q4, delivering stellar profits to its investors.
“Q4 is coming! Historically, Q4 shows the highest returns for #Bitcoin.”
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Price Analysis For Q4
1. Bitcoin (BTC)
According to CoinCodex, Bitcoin may end this year on a positive note. BTC may surge as high as $92K, delivering bullish price hikes to its investors.
2. Ethereum (ETH)
CC further predicts Ethereum’s price pace for Q4 2024. Ethereum is the second largest cryptocurrency by market cap and has an extensive ecosystem hosting a variety of projects and tokens. CC shares that ETH may spike to hit the $4,133 price mark by the end of December 2024.
3. Ripple (XRP)
With its diverse collaborations and partnerships, Ripple is busy curating independent deals and use cases for XRP. The launch of RLUSD and Grayscale XRP fund has strengthened its global positioning, allowing it to explore diverse corporate realms. According to CC, XRP may end the year on a moderate note, sparking a high to hit the $0.61 price path.
4. Solana (SOL)
Solana has been the significant headliner for 2024. The token has given birth to the most meme coins this year, some of which have become extremely popular in cryptocurrency.
Solana has recently reclaimed $5B TVL and continues to trend high on the crypto radar. CoinCodex adds Solana may end the year on a bullish note, rising to hit the $153 level by the end of this year.
5. Dogecoin (DOGE)
Dogecoin continues to enjoy the central spotlight, with occasional price spikes spurred by Tesla chief Elon Musk. Musk often refers to Doge directly or indirectly via his tweets, sparking modest price rallies. Doge may surge to the $0.43 price level by the end of this year.
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