🔎🔎🔎 $NOT Analysis of the market decline and its connection with Nonfarm Payrolls
I associate the recent fall in the cryptocurrency market with the release of the Nonfarm Payrolls report in the USA. Nonfarm Payrolls (NFP)
📈 Forecast for NOTCOIN ($NOT )
Amid the current volatility caused by NFP, there remains a wait for important news for NOTCOIN. 🔥On June 16, 2024🔥 there will be a coin burn, which may reduce the supply and increase the price of NOTCOIN. This event can compensate for the negative impact of macroeconomic factors and support the growth of the coin.
In conclusion I want to say:
☄️ The connection between the market decline and Nonfarm Payrolls data is explained by the reaction of investors to macroeconomic data and possible changes in monetary policy. However, for NOTCOIN, upcoming positive events such as coin burns could create favorable conditions for price growth.
👇Go to the chart and trade with confidence👇🏼