**BNB, SOL, and DOGE Show Strong Uptober Momentum with Promising Upside Targets**
BNB (Binance Coin), Solana (SOL), and Dogecoin (DOGE) have kicked off October on a positive note, reflecting broader gains across the cryptocurrency market as Uptober enthusiasm builds. Investors and traders are eyeing whether these large-cap altcoins can sustain their rallies throughout the month.
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### BNB Could Rally Over 38% in October
BNB has gained nearly 6% month-to-date, reaching approximately $1,065 as of Thursday. This upward move is part of a broader recovery that began after BNB tested the 20-day exponential moving average (20-day EMA) near $1,000, which acted as strong support.
Historically, rebounds from this support level have led to significant gains. Currently, BNB’s price action is contained within a broader ascending channel pattern. If this uptrend continues, BNB could rally toward $1,130—up 6.75% from current levels—aligning with the 1.618 Fibonacci retracement level.
Additionally, trader MisterSpread highlights this $1,130 target, derived from BNB’s prevailing inverse head-and-shoulders (IH&S) pattern. Over the past two weeks, BNB’s rebound also flipped a key weekly resistance around $992 into support, coinciding with the 1.618 Fib line.
If BNB maintains momentum above $992, it stands a good chance to test the 2.618 Fib level near $1,480 in late October or November, representing a 38.5% increase from current prices. However, if the price falls below $992, BNB could pull back toward the 20-week EMA near $835 — a decline of roughly 20.75%.
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### SOL Price Eyes $250 on Continued Uptrend
Solana is up about 9% in October, trading near $227.50 as of Thursday. Its technical setup suggests further upside potential, with a likely retest of the upper trendline of its rising wedge pattern around $250 in the coming days.
The $250 mark corresponds to the 0.786 Fibonacci retracement level. Since February 2025, SOL has been moving inside this rising wedge pattern, rebounding from the lower trendline and targeting the upper boundary.
It is worth noting that rising wedges are traditionally bearish reversal patterns, which can lead to declines if the price breaks below the lower trendline. In that case, SOL could face a 28–30% drop depending on the location of the breakdown.
On the flip side, if SOL decisively breaks above the wedge’s upper trendline, the bearish scenario would likely be invalidated. Such a move could propel Solana toward the $295–$300 zone, corresponding to the 1.00 Fib level.
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### DOGE Shows Approximately 20% Upside Potential in October
Dogecoin has surged over 11% so far this month and is currently bouncing off the lower trendline of an ascending channel. This momentum could drive DOGE toward the channel’s upper boundary near $0.31—a level that aligns with the 0.5 Fibonacci retracement zone and has historically acted as resistance.
However, if DOGE pulls back below the 20-day EMA at around $0.25, the bullish outlook may be delayed. In such a scenario, Dogecoin’s price could retreat toward the channel’s lower trendline near $0.22, which corresponds with the 0.236 Fib line.
According to Cointelegraph, some analysts foresee Dogecoin potentially reaching as high as $1 in the coming months, highlighting its longer-term upside potential.
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### Final Thoughts
While BNB, SOL, and DOGE show promising signs of continued strength and key upside targets this Uptober, investors should exercise caution. Failure to hold critical support levels could trigger pullbacks in these tokens.
*This article is for informational purposes only and does not constitute investment advice or recommendations. Trading cryptocurrencies involves risk, and readers should conduct their own thorough research before making financial decisions.*
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