$NOT tops the charts, eyes 25% gains this week - AMBCrypto Analytics

Notcoin (NOT), recently launched on the TON blockchain, is revitalizing optimism within the ecosystem after a challenging period. Currently ranking third among top gainers, Notcoin has recorded over 9% growth in the last 24 hours, with trading volume increasing by 67%. This resurgence is sparking hopes for a revival of the TON blockchain, fueled by Notcoin's rise.

Technical analysis shows that Notcoin has broken out of a falling wedge pattern, indicating bullish momentum. The price action has recently surpassed the 200 exponential moving average (EMA), which, if maintained, could signal further gains. Analysts suggest a potential ROI of over 25% by week's end, with previous breakouts leading to significant profits for traders. The MACD also supports this bullish outlook, indicating a sustained upward trend.

Moreover, Notcoin is experiencing a positive shift in social sentiment, with rising mentions and engagement across platforms. This community backing is vital for smaller coins like NOT, enhancing the likelihood of continued price momentum. Coupled with strong technical indicators, Notcoin appears well-positioned to maintain its upward trajectory in the coming days.