Based

bullish

Rally

Polkadot

Fantom

<p>As the altcoin market makes a comeback, with Bitcoin momentarily crossing above the $66,000 level, Polkadot and Fantom are gaining momentum. FTM and DOT are ranking among the top performers with a breakout and a trend reversal rally.&nbsp;</p>   
<p>Will this bullish trend in Fantom and Polkadot continue in this October rally? Let's find out as they become the top altcoin picks to buy this week.&nbsp;</p>   
<h2 class="wp-block-heading" id="h-top-performing-altcoin-tokens-to-buy">Top Performing Altcoin Tokens To Buy:</h2>   
<h3 class="wp-block-heading" id="h-fantom-ftm">Fantom (FTM)</h3>   
<p>With a market cap of $2.185 billion, Fantom has increased by 12.46% in the past 24 hours. Currently, the altcoin is trading at $0.7794, with a 13.20% surge in the past seven days.</p>   
<figure class="wp-block-image size-large">
 <img src="https://image.coinpedia.org/wp-content/uploads/2024/10/15155514/YX0GiGyZ-1024x511.png" alt="Fantom DeFi token price chart" class="wp-image-366504">
</figure>   
<p><a href="https://www.tradingview.com/x/YX0GiGyZ/" target="_blank" rel="noreferrer noopener">Tradingview</a></p>   
<p>In the daily chart, Fantom's falling channel breakout rally faced a consolidation phase between $0.61 and $0.71. However, the recent surge in bullish momentum leads to a consolidation range breakout surpassing the 50% Fibonacci level.&nbsp;</p>   
<p>Furthermore, the growing bullish influence has led to a golden crossroad between the 50-day and 200-day EMA. Even the daily RSI line is sustaining a healthy trend above the 50% line and is approaching the overbought boundary.&nbsp;</p>   
<p>Based on the Fibonacci level, the breakout rally will likely challenge the 78.60% Fibonacci level at $0.96 before reclaiming the $1.01 psychological mark. By the month's end, the altcoin will likely hit the $1.14 mark.</p>   
<p>Will the altcoins surge this October? Find out now in <a href="https://coinpedia.org/price-prediction/dogecoin-price-analysis/" target="_blank" rel="noreferrer noopener">Fantom price prediction</a> for 2024 to 2030.</p>   
<h3 class="wp-block-heading" id="h-polkadot-dot">Polkadot (DOT)</h3>   
<p>With a market cap of $6.68 billion, Polkadot is currently trading at $4.44. In the past 24 hours, the altcoin has surged by 4.30%, resulting in a 7-day surge of 7.65%.&nbsp;</p>   
<figure class="wp-block-image size-large">
 <img src="https://image.coinpedia.org/wp-content/uploads/2024/10/15155520/nzF1MeVf-1024x511.png" alt="DOT price chart" class="wp-image-366505">
</figure>   
<p><a href="https://www.tradingview.com/x/nzF1MeVf/" target="_blank" rel="noreferrer noopener">Tradingview</a></p>   
<p>In the daily chart, the DOT price action showcases a struggle for a bullish comeback for the $3.958 support level. With multiple bounce-backs from this crucial level, the daily RSI line reveals a massive bullish divergence.&nbsp;</p>   
<p>Currently, the bullish cycle challenge is heading for a closure above the 50-day EMA to challenge the resistance trendline. Based on the Fibonacci level, the altcoin is likely to challenge the $5 psychological mark near the 23.60% Fibonacci level.&nbsp;</p>   
<p>Beyond this, the dynamic resistance of the 200-day EMA at $5.491 remains a secondary target. By the end of the month, if the bullish trend sustains, the altcoin fueled by the trend line breakout, is likely to hit the 50% Fibonacci level at $6.76.</p>

Polkadot and Fantom Lead Altcoin Rally: Will October Rally Push DOT and FTM Higher?

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