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Why These Altcoins Are Trending Today — October 25 Beincrypto 25 Oct 2024

Why These Altcoins Are Trending Today — October 25 📉

Today's top trending altcoins on CoinGecko are Goatseus Maximus (GOAT), Notcoin (NOT), and Scroll (SCR). Two of these have previously trended, while one is new, associated with the Telegram app.

GOAT surged following a Futures listing by Binance, reaching a record high before declining by 24% in response to profit-taking. The technical indicator MACD shows a bearish trend, possibly dropping to $0.58.

Notcoin, a Telegram-native altcoin, trends due to anticipated airdrops, despite losing 74% from its all-time high. It's showing a downtrend, possibly dropping below $0.0071 but can bounce back if surpassing $0.0077.

Scroll trended shortly after its introduction but has since declined by 40%. The Awesome Oscillator shows bearish momentum, suggesting further drops unless there's market improvement or a new altcoin season.

Source: beincrypto.com ↗