Top altcoins TON and NOT soar! Can the rally continue? 🔥
【Market Overview】
Monday, August 19, 2024
The cryptocurrency market has been a rollercoaster of volatility over the last week. Although BTC struggled hard, it still failed to break through the $60,000 mark, and the current price is hovering around $58,703. However, against this background, some altcoins have shown amazing resilience, with TON and NOT performing particularly eye-catchingly.
【Currency Analysis】
1.TON
Recently, TON has shown a strong upward momentum, with a significant increase of 13.81% in the past week. This rally has brought TON close to the key resistance level of $7.01. If it can successfully break through this resistance, the next target level will be $7.63, with another 9.06% upside from the current level, and the prospects are bright.
However, if TON fails to break through the resistance and encounters a correction, it may fall back to the support level of $6.77, and investors will need to pay close attention.
2. NOT
NOT has also performed well and is currently trading within the channel at $0.0115. NOT has risen 4.05% in the past seven days, showing a good upward trend. If NOT can break through the resistance level of $0.01181, it is expected to climb to $0.01328, with a potential growth of 13% from the current price, highlighting investment opportunities.
On the other hand, if NOT fails to break through this resistance, it may fall to the level of $0.01016, and investors need to remain vigilant.
【Investment Advice】
Stay tuned for updates on these altcoins as they are poised to continue to surge higher in the coming days! But now is not the best time to keep up because they have already broken out one round before. Therefore, we should choose those currencies with lower market capitalization and higher explosive potential to ambush and discover them before they explode! If you are not good at this kind of research, then click on the avatar to follow me! We are committed to researching coins with high explosive potential, and leave professional matters to professionals! 👇
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