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😂 Memes: «Altcoins when bitcoin sagged a bit».
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📈 Prediction (NOT and ETH): 😍 NOT/USDT - #Notcoin is a gaming Web3 project based on the TON network, which appeared in January this year as a mini-application in Telegram. Last month, #NOT became available on many major exchanges, and in early June, it entered the top 4 cryptocurrencies by transaction volume. Currently, the price may continue to fall and lose a key support level. This is indicated by the Relative Strength Index (RSI), which remains in the bearish zone, signaling significant selling pressure. This technical indicator helps determine overbought or oversold conditions in the market. It currently shows that investors are mainly selling their NOT tokens, putting pressure on the price. Forecast: The price failed to overcome the descending trend line this week. Now the coin may fall below the key support level of $0.0130. It has been tested before, so there is a chance it will offer some resistance. However, a successful break could send NOT to the next critical support at $0.0100. On the other hand, a rebound from $0.0130 could trigger a recovery rally. If the descending trend line is overcome and $0.0150 becomes a support level, the token will nullify the bearish scenario. 😘 ETH/USDT - The #Ethereum price recently broke a key support level due to the overall market situation and growing pessimism among #ETH holders. There are two reasons for this: large investors selling and panic among retail investors. Forecast: The Ethereum price is moving within a descending wedge — a technical pattern that usually signals a bullish reversal. This sets a potential target for the altcoin significantly above $4,000. However, the likelihood of such a scenario is low. Bullish signals will help neutralize the mentioned bearish factors, providing ETH with a consolidation period. Sideways movement will keep the altcoin below $3,500 but will prevent further decline. If the bullish pattern does not work out, ETH could drop to $3,000 or lower. This fall would eliminate the rally potential and increase investor losses. 👍 Share this overview with others.
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