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October 2021 presents a promising opportunity for crypto investors, with assets like DOT, LINK, LIT, FTM, and XRP showing strong potential. Analysts compare the current market cycle to 2017, suggesting the bull run is far from over. Here’s why these five cryptos deserve your attention this month.
- Polkadot (DOT) is nearing a potential all-time high, fueled by the Kusama-Polkadot Parachain auction and strong support/resistance dynamics.
- Litentry (LIT) has broken out of a falling wedge pattern, signaling potential gains, and serves as a decentralized identity aggregation protocol.
- Fantom (FTM) is retesting after an ascending triangle breakout, with analysts predicting an upward trend post-retest.
📎 Source reference: coincodecap.com