Notcoin Surges 10%, Targets $0.010 Psychological Mark

Share This Post

Notcoin (NOT) Analysis Say About The Future

The post Notcoin Surges 10%, Targets $0.010 Psychological Mark appeared first on Coinpedia Fintech News

With the surge of buying pressure in the crypto market, Notcoin is making a bullish comeback. Inching closer to its psychological mark of $0.010, the overnight surge of more than 10% has driven its market cap to $998 million. 

As the trading volume surges to $401 million, the Notcoin is soon to become a billion-dollar altcoin. Will this extend the ongoing rally to a new all-time high? Let’s find out.

Notcoin Price Analysis

In the daily chart, the Notcoin price action shows a recovery rally surpassing a long-coming resistance trend line. This marks a falling channel breakout rally with a burst in trend momentum. 

Notcoin Price Analysis

Tradingview

The breakout rally had struggled to surpass the 38.20% trend level at $0.0094. However, with the double bottom formation and the 100-day EMA line acting as the base, NOT token price has surpassed the crucial resistance. 

The overhead supply zone extends from $0.0097 to the psychological mark of $0.010. Currently, Notcoin is trading at $0.009743, following last night’s 9% jump. 

Over the past 24 hours, it has increased by more than 10% and is heading to reclaim the psychological mark. With the bullish turnaround and the neckline breakout, the immediate resistance for Notcoin is at $0.011, or the 50% Fibonacci level. 

Notcoin Technicals and Price Targets

The bullish trend in the MACD and Signal lines has avoided a bearish crossover twice, revealing strong underlying bullishness. Furthermore, the 20-day EMA line is giving a bullish crossover with the 100-day EMA line, reflecting a short-term surge in underlying bullishness. 

A bull run beyond this point will mark a change in the trend character of Notcoin, bringing $0.016 and $0.022 as the next potential price targets. Hence, the altcoin shows a potential upside of more than 130% in the coming month. 

On the other hand, crucial support remains the 50-day EMA line at $0.0080 and the 100-day EMA line at $0.0085. 

Read More: Notcoin Price Prediction 2024, 2025-2030.

FAQs

What is driving Notcoin’s recent price surge?

Notcoin’s recovery rally is fueled by a falling channel breakout, double-bottom formation, and bullish EMA crossovers, signaling strong buying pressure.

What are the key levels to watch for Notcoin?

Resistance lies at $0.0097 to $0.010, with key targets at $0.011 (50% Fibonacci), $0.016, and $0.022. Support is at the 50-day EMA ($0.0080) and 100-day EMA ($0.0085).

What is Notcoin’s upside potential in the coming month?

With bullish indicators and a breakout rally, Notcoin shows a potential upside of more than 130%, targeting $0.016 and $0.022.

Read Entire Article
spot_img
- Advertisement -spot_img

Related Posts

Analyst Confirms Ethereum Golden Cross As ETH Surges Past $4,000 – Is Altseason In Sight?

Ethereum (ETH) surged past $4,000 earlier today for the first time since March 2024 Having surpassed a key price level with a golden cross, analysts are confident that this could signal the beginning

Trump-Themed Coins Surge as Crypto Markets React to His Presidency

The post Trump-Themed Coins Surge as Crypto Markets React to His Presidency appeared first on Coinpedia Fintech News Donald Trump is set to become the US President again in just a few weeks Love him

Ryan Selkis Contemplates SEC Blacklist

The idea to blacklist former SEC regulators who have been openly hostile to the crypto industry was recently brought up by Coinbase CEO Brian Armstrong Coinbase’s Call to Arms To Blacklist SEC

Bitcoin Miner Marathon (MARA) Doubles Down on Bitcoin Buys $130M In BTC

The post Bitcoin Miner Marathon (MARA) Doubles Down on Bitcoin Buys $130M In BTC appeared first on Coinpedia Fintech News Bitcoin mining giant Marathon Digital Holdings (MARA) has once again captured

FSOC Flags Stablecoins as Threat to Financial Stability Amid $190 Billion Surge

The post FSOC Flags Stablecoins as Threat to Financial Stability Amid $190 Billion Surge appeared first on Coinpedia Fintech News The global stablecoin market has soared to a new high of $190 billion

Sell Pressure Rises As Ethereum Tests $4,000 Resistance—What’s Next For ETH?

After months of struggling below the $4,000 price mark, Ethereum finally breached this notable resistance level on December 6, with a current trading price of $4,003, increasing by 27% in the past