A popular trend doesn’t always mean a price increase, so understanding the popularity of an altcoin is important. Goatseus Maximus, Notcoin, and Scroll are listed as the most popular altcoins. Let’s explore why investors are flocking to these three coins.

1_ Goatseus Maximus (GOAT)🔥🔥

Goatseus Maximus usually attracts attention due to the AI-powered meme coin trend, but there is another factor that has contributed to its popularity. On October 24, Binance added GOAT to its futures market, sending the price to an all-time high. However, the enthusiasm quickly faded. The price of GOAT dropped by 24% in just 24 hours, indicating that many holders have started to take profits. $GOAT

GOAT price peaked at $0.88. Currently, it is trading at $0.65. 🔥🔥

The Moving Average Convergence Divergence (MACD) indicator is now pointing in the negative direction, indicating a downtrend.

If the MACD remains negative, the price may slide to $0.58. However, if buyers step in, a recovery to $0.90 may occur.🔥🔥

2_ Notcoin (NOT)🔥🔥

New Notcoin cryptocurrency gains momentum thanks to its association with Telegram. Like Toncoin, anticipation is building as users wait for new airdrop opportunities. However, Notcoin’s price has fallen 74% from its all-time high, showing a decline in buyer interest.$NOT

Currently, Notcoin is forming a head and shoulders pattern, falling below the critical neckline.

This pattern suggests that the downtrend may continue. If the price drops further, it may reach $0.0071.🔥🔥

However, if the bulls push the price above the neckline at $0.0077, a recovery to $0.010 or even $0.012 could occur.🔥🔥

3_ Scroll (SCR) 🔥🔥

Scroll makes its second appearance on the rumors list since its launch earlier this week. Experts see the controversial launch as a reason for its current popularity. SCR started at $1.45 but is now sitting at $0.85, reflecting a 40% loss.

The hourly chart shows the Awesome Oscillator (AO) in the negative territory, indicating bearish momentum.🔥🔥$SCR

If this trend continues, SCR may drop below $0.85.

However, a recovery may occur if market conditions improve or if the altcoin season emerges.🔥🔥

GOAT, NOT, and SCR coins illustrate the unpredictable nature of cryptocurrency trends. Traders should remain vigilant as prices can change rapidly. Staying informed is essential to making informed investment decisions in this dynamic market.🔥🔥