Crypto market nosedived on Friday, with Bitcoin losing nearly $20,000 in a single daily candle for the first time due to Trump tariff FUD. The move was followed by a swift recovery. BTC, Solana, BNB, and ETH were some of the coins with significant recovery after such a massive downturn. Bitcoin soon reclaimed $115,000 only to test $110,000 again this Tuesday. Dogecoin also experienced volatility, with a brief spike on October 10 followed by a steep decline; it finished the week down by over 16%.
This market downturn is being seen by many investors as an opportunity to buy cheaper, as the real altcoin is around the corner. Since October and November are considered the most bullish months, we have shortlisted 3 altcoins with the potential to 3x your capital if you play it right.
3 Altcoins to invest in October
Aster: Aster
The Aster token was launched on September 17. Within days, Trump-associated wallets started buying it in millions, the price moved from $0.084 to above $2, and then it was listed on the number one exchange, Binance. Since Aster lives on the BNB chain, it is backed by many BSC-related entities. When the price was still $0.17, Binance founder CZ posted a message.
Behind the scenes, YZi Labs took part in development, linking Aster to the Binance ecosystem. The token model is also designed to reward users, as 53% of $ASTER is set aside for them. Revenue from fees goes toward buying back tokens and burning supply.
Now, on the technical side, the chart looks strong. Aster’s price action shows a clear descending trendline capping multiple recovery attempts. The recent candles hover near mid-range, suggesting a temporary consolidation phase before a possible retest of the lower demand zone around the marked ‘order block’. If price respects that area and rebounds, the next key level aligns with the descending resistance near $2, where a breakout could confirm short-term strength and shift the current market structure toward a bullish reversal setup.
Solana: SOL
Solana is moving against the market, at least in the short term, keeping its direction bullish. Even in the major washout, it tried to maintain the price mostly above $170. This strong steadfastness comes from the anticipation of spot Solana ETF approval expected this week. This ETF approval would bring fresh liquidity to the Solana chain and its ecosystem. Despite the volatility, some analysts expect a market rebound driven by institutional inflows.
Solana’s 4-hour chart shows price trading below a defined local resistance, with the broader structure forming between a strong high near $237 and a weak low at $168. The market appears to be consolidating after a recent rejection from the order block, suggesting that a break above the descending resistance could shift momentum toward the upper range.
Until that happens, short-term movements are likely to remain corrective, with traders watching how the price reacts around the current resistance line. Some analysts even expect the price to break above the previous high of $254 and climb to $290 in the favorable market conditions due to the post-ETF approval rally.
ChainOpera AI: COAI
During the past week, the ChainOpera AI (COAI) cryptocurrency experienced significant price volatility, including a major surge followed by profit-taking, however, this uptrend didn’t stop. The price of COAI has been moving between a high of $45 and a low of $7.45 on futures perpetual exchanges. With a market of $3 billion, manipulating and pumping the price of an asset with a circulating supply of just 198 million coins is relatively easy.
The CoAI price is still trading at $19 on Binance with a weak high of $19.45. The momentum indicators show a massive overbought situation, which could trigger profit-taking at any point. Though this coin is already up, the risk of buying in spot is high. However, due to a massive order block at $9.4, this can still offer a move of 48% downwards in the leveraged short positions.
Leverage trades are highly risky and may cause liquidations. Since this coin is highly volatile, it requires a high level of money management to dive in. Only experienced traders should consider entering such setups, and a thorough personal analysis is necessary before taking any position.
