The entire cryptocurrency market is showing signs of recovery as Bitcoin price rebounds strongly, surging above $57,000. The altcoin market is also poised for a strong rally.

Notcoin, one of the popular altcoins in the market, has managed to break through key resistance levels and daily closing prices above these levels bodes well for NOT price to reach higher targets in the coming days. The significant shift in market sentiment has allowed bulls to regain the dominant position, and NOT prices are expected to initiate a 25% rise, breaking through the 0.02 mark.

Although Notcoin is down nearly 30% since the beginning of the month, it has now begun a strong rebound, with the MACD indicator remaining bullish and OBV (on-balance volume) also showing that bulls are taking back control of the market. If the price closes above the 50 FIB retracement at 0.01696, it will further confirm the bullish trend. If it fails to hold, the price will move towards the 618 FIB to 0.014 target.