- IO could see a 50% rally if it breaks its falling wedge pattern.
- ONDO is set for a rally despite recent declines, with strong trading volume.
- NOT is close to a wedge breakout, signaling a potential upside.
Crypto analysts have identified potential bullish trends in three notable digital assets: io.net (IO), Ondo (ONDO), and Notcoin (NOT). The analyses, published on the X platform, suggest imminent price surges contingent upon key technical breakouts. Captain Faibik, a well-known market analyst, has shared detailed insights into these movements, highlighting the potential for returns.
According to Captain Faibik, io.net (IO) is forming a falling wedge pattern in the 2-hour timeframe. A successful breakout from this pattern could result in a bullish rally of over 50% in the coming days.
At press time, the price of IO is $3.43, with a 24-hour trading volume of $118,557,782.14. Despite recent declines of 1.5% over the last 24 hours and 20.0% over the past week, IO’s market cap stands at $327,154,419, supported by a circulating supply of 95 million IO tokens. These metrics underscore the potential volatility and opportunity present in IO’s market behavior.
In another analysis, Captain Faibik points to Ondo (ONDO) as preparing for a bullish rally. According to his analysis, the observed price movements and trading volume indicate ONDO’s readiness for a potential upward trend.
At the time of writing, the price of ONDO is $1.15, accompanied by a 24-hour trading volume of $173,208,099. Similar to IO, ONDO has faced recent price declines of 5.3% in the past 24 hours and 9.8% over the last seven days. However, with a substantial circulating supply of 1.4 billion ONDO tokens, the market cap of ONDO is $1,673,829,474.
Analysts Predict Bullish Trends for Optimism (OP) and Fetch.ai (FET)Additionally, Captain Faibik highlights Notcoin (NOT) as nearing a massive wedge upside breakout. The technical indicators suggest a significant upside potential if the wedge pattern materializes into a breakout.
The price of NOT stands at $0.01558, with a 24-hour trading volume of $625,897,317. Despite a 2.7% decline in the last 24 hours and a 2.0% decline over the past week, NOT maintains a market cap of $1,610,209,962, backed by a circulating supply of 100 billion NOT tokens.
