Ethereum

Notcoin

bullish

Toncoin

The altcoin market has recorded a strong bullish recovery this week with the Ethereum price successfully reclaiming the $3,000 mark for the first time since August. Following this, the Toncoin ecosystem has experienced a similar trend by adding massive value to its category.   
With the ongoing market sentiments, is the Telegram ecosystem on the verge of a major breakthrough? In this article, we have covered the market sentiments and possible short-term price analysis of Toncoin (TON) and Notcoin (NOT) crypto tokens.   
<h2 class="wp-block-heading" id="h-toncoin-ton">Toncoin (TON)</h2>   
The Toncoin price has continued displaying a bullish price action by adding 5.42% in the past 24 hours. Moreover, with a YTD return of +123.86%, this altcoin has secured the 11th position with a market capitalization of $13.692 billion.   
<figure class="wp-block-image size-large">
 <img src="https://image.coinpedia.org/wp-content/uploads/2024/11/09185703/image-127-1024x544.png" alt="Toncoin Price Analysis 09th November 2024" class="wp-image-377962">
 <figcaption class="wp-element-caption">
 TradingView: TON/USDT
 </figcaption>
</figure>   
The technical indicators RSI and SMA have recorded a bullish curve in the 1D time frame. This indicates that the TON price may continue gaining value during the upcoming week.   
Maintaining the price above the support level of $5.155 could set the stage for the Toncoin price to head toward its upper resistance level of $6.415. On the flip side, a bearish reversal could pull the price toward its lower support level of $4 this month.   
Also, read <a href="https://coinpedia.org/price-prediction/toncoin-ton-price-prediction/" target="_blank" rel="noreferrer noopener">Toncoin (TON) Price Prediction</a>!   
<h2 class="wp-block-heading" id="h-notcoin-not">Notcoin (NOT)</h2>   
The Notcoin price has added 17.88% to its value in the past 24 hours with a trading volume of $241.73 million. Further, it has surged 14.71% over the past week. This has resulted in it reclaiming the $0.0075 mark.   
<figure class="wp-block-image size-large">
 <img src="https://image.coinpedia.org/wp-content/uploads/2024/11/09185706/image-128-1024x540.png" alt="Notcoin Price Analysis 09th November 2024" class="wp-image-377963">
 <figcaption class="wp-element-caption">
 TradingView: NOT/USDT
 </figcaption>
</figure>   
The MACD indicator has recorded a rising green histogram with its averages hinting at a potential bullish convergence. On the other hand, the 50-day EMA is on the verge of experiencing a positive crossover. This suggests a bullish outlook for the altcoin.   
If the market continues favoring the bulls, the Notcoin price will retest its important resistance level of $0.009253. On the contrary, if the bears outrun the bulls, the NOT price may retest its crucial support trendline of $0.004554.   
Also, read <a href="https://coinpedia.org/price-prediction/notcoin-not-price-prediction/" target="_blank" rel="noreferrer noopener">Notcoin (NOT) Price Prediction</a>!

Telegram Coins Regain Momentum, TON & NOT Price To Jump 40%?

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