Expect a Weekend Surge? Toncoin and Notcoin Eye Price Rebounds!

Toncoin (TON) and Notcoin (NOT) are making efforts to rebound as the crypto markets face recent bearish trends. Major tokens struggle to avoid further losses, while the launch of the spot Ethereum ETF has triggered a “sell the news” event. Consequently, Ethereum (ETH) experienced a significant pullback, which created uncertainty among altcoins. However, some altcoins appear poised for an upward trend as the month draws to a close.

Toncoin (TON) Price Eyes a 10% Upswing This Weekend

Toncoin is attempting to validate a rebound from its interim lows, just before testing the monthly lows. This effort is creating a bullish scenario for the altcoin. Over the past few months, bulls have closely monitored TON, and a strong upswing could attract fresh buying volume. Therefore, analysts expect TON to climb higher in the coming week if it secures key levels this weekend.

*TON Price Analysis. Source| TradingView*

Currently, the TON price trades within a rising wedge pattern. Consequently, a breakdown from the lower support was imminent. After facing a 15% pullback, the price rebounded in early trading hours. The RSI has triggered a bullish divergence, indicating potential upward movement. However, the supertrend remains bearish at this time. Analysts believe that Toncoin can maintain ascending consolidation and surge above $7.2 this weekend. If bulls sustain this range, TON could reach double-digit figures next week.

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Notcoin (NOT) Price Stuck in a Decisive Phase

Notcoin has performed exceptionally well since its inception. Despite facing significant bearish pressure, bulls have maintained tight control over the token. However, low trading volume may hinder the rally’s progress. Still, weekend trading could shift momentum for Notcoin.

*NOT Price Analysis. Source| TradingView*

The NOT price has remained under a bearish trend since reaching its highest levels. Nonetheless, it sustains within a decisive triangle pattern. The price approaches the apex of this triangle, which could trigger significant price action. As selling volume begins to fade, the MACD suggests a potential shift. Furthermore, the DMI, which previously flashed bearish signals, is nearing a bullish crossover. Therefore, Notcoin is expected to trade within a range-bound area. It may initiate a fresh upswing and breach the resistance zone between $0.016 and $0.017

Disclaimer: The information in this article should not be considered financial advice, and FXCryptoNews articles are intended only to provide educational and general information. Please consult with a financial advisor before making any investment decisions.