Notcoin volatility has significantly reduced since July, with its market cap also seeing a notable decline.
Crypto analyst CobraVanguard expects a bullish breakout for Notcoin if the falling wedge pattern is confirmed.
Data from IntoTheBlock reveals that Bitcoin’s volatility has dropped dramatically since market tweaks in July. On-chain data revealed a step-like decline in this volatility, which has led to a more stable price environment for the token.
Along with the lowered volatility, Notcoin’s market cap has also plummeted drastically from over $2 billion to about $670 million.
Source: IntoTheBlock
Analyst Highlights Potential for Notcoin Breakout from Falling Wedge Pattern
One interesting analysis comes from CobraVanguard, a well-known crypto analyst on TradingView, who notes Notcoin is presently forming a Falling Wedge pattern on the daily time frame. Usually seen as positive, this trend is predicted to have the price rising should a breakthrough take place.
Source: CobraVangu

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