The cryptocurrency market is trying to break free from bearish trends of recent days. Notcoin stands out among altcoins, showing significant growth.
Current market situation
The cryptocurrency market is showing attempts to break free from bearish trends over the past 24 hours. Bitcoin's price is at the $94K level, and altcoins are starting to show slight gains. Meanwhile, the possibility of interesting events may appear on the horizon as Trump's swearing-in approaches.
Price analysis and trading volumes
Notcoin has shown a 7.09% increase after a week of decline. On January 10, throughout the day, the price of NOT fluctuated at $0.0059, after which a strong increase to $0.006426 occurred. The price change is accompanied by a 140.74% increase in trading volumes. The last few hours have allowed Notcoin to overcome previous bearish movements.
Notcoin prospects
If the current positive trends continue, the price of Notcoin could continue to grow. Analysis shows that the current price level is in a consolidation zone, which could lead to either a breakout upwards or a decline. Technical indicators such as MACD and RSI indicate possible positive changes in the coming days.
Although Notcoin has shown a decline on a weekly basis, current trends could contribute to further growth in the coming days. Other altcoins like Ethereum and SUI are showing similar trends.
