Date: Mon, August 19, 2024, 03:35 AM GMT
Last week, the crypto market was a rollercoaster, with Bitcoin (BTC) struggling to break the $60,000 mark, currently sitting at $58,703. Despite this, some altcoins are defying the bearish trend, with Toncoin (TON) and Notcoin (NOT) showing impressive gains. Let’s look into their recent performance and what might be next.
1. Toncoin (TON)
Toncoin (TON) has been on a strong upward trend, recording a significant 13.81% gain over the past week. This surge has pushed TON to a crucial resistance level of $7.01. If it successfully breaks through this resistance, the next target could be $7.63, representing an additional 9.06% increase from its current level.
However, if TON fails to break the resistance and faces a downturn, it could fall back to the $6.77 support level.
2. Notcoin (NOT)
Notcoin (NOT) has also been performing well, trading within a channel and currently priced at $0.0115, reflecting a 4.05% gain in the last seven days. If NOT manages to break above the $0.01181 resistance, we could see it climb to $0.01328, a potential 13% increase from its current price.
On the downside, if NOT fails to break this resistance, it might drop to the $0.01016 level.
Stay tuned and keep an eye on these cryptocurrencies as they have the potential to perform well in the coming days. Happy trading!
Disclaimer: The information provided in this article is for informational purposes only and should not be considered financial advice. Cryptocurrency investments are highly volatile and carry significant risk. Always conduct your own research and consult with a professional financial advisor before making any investment decisions.