🚨🔥 Watch out for these 2 Altcoins freshly listed on Binance, they could well explode soon!
As Bitcoin stalled at $58,500, Telegram-based Toncoin and Notcoin saw massive demand overnight. With gains near double digits, $TON and $NOT prices are looking set to surge this week. Will these promising altcoins remain among the top performers this week?
💰🔝 Will Altcoin TON Price Surpass $8?
The 4-hour chart shows a series of seven bullish candles, indicating a strong recovery for Toncoin price. Additionally, the native token of The Open Network (TON) by Telegram has increased by 8.61% in the last 24 hours. Toncoin’s market cap stands at $17.65 billion, ranking 8th in the crypto market.
With a bullish recovery after a trending breakout, TON price forms an engulfing candle and an intraday continuation candle. However, the altcoin is struggling to break above the merger of the 50-day and 100-day moving averages, which could signal a potential bearish crossover.
Currently, the altcoin is trading at $7.06, with a 10.86% increase in trading volume. A continuation of the bullish trend could propel the price towards $7.60 and even $8 before a possible surge to $10.
🔍🚀 Notcoin Maintains Its Hold Above $0.010
With a round bottom reversal on the 4-hour chart, NOT price is showing bullish dominance above the psychological threshold of $0.010 and has surged by 4.69% in the last 4 hours. Thus, this surge could be fueled by Toncoin’s surge. With a market cap of $1.17 billion, Notcoin is on the verge of entering the top 50 cryptocurrencies.
Additionally, the broader market is showing a shift in interest from meme coins to DeFi and gaming tokens as a new week begins. This shift in investor focus could further strengthen the altcoin bullishness.
Currently, the $NOT price is at $0.01176, with a jump of 8.58% in the last 24 hours. With a bullish continuation, the altcoin could target the $0.015 threshold this week, representing a 28% increase. However, this bullish recovery will have to break the trendline resistance above, aligned with the 50-day SMA.
#Binance #Altcoins2024 #toncoin #notcoin
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