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

Ripple’s RLUSD Faces Approval Hurdle: What to Expect

The post Ripple’s RLUSD Faces Approval Hurdle: What to Expect appeared first on Coinpedia Fintech News Ripple had big plans to launch its stablecoin, RLUSD, on December 4 But things didn’t go as

Ethereum Price Prediction (Dec 5th 2024)

The post Ethereum Price Prediction (Dec 5th 2024) appeared first on Coinpedia Fintech News With Bitcoin’s price crossing above the $100,000 mark, it is currently trading at $103,213 This marks

Australian Fortlake Asset Management Taps Chainlink, Backed, and Sonic for Inaugural Fund Tokenization

The three crypto firms are gearing up to tokenize Fortlake’s Sigma Opportunities Fund Chainlink, Backed, and Sonic To Collaborate With Australian Fortlake for Fund Tokenization Australian

No Sweat! Dogecoin Will Hit $5 ‘Very Easy’ In 2025 – Analyst

Dogecoin (DOGE), a cryptocurrency that has gained popularity and surpassed $60 billion in market capitalization, is once again attracting attention While the year got off to a shaky start for DOGE,

Why is XRP Price Going Down While the Market Sentiments Turn Bullish?

The post Why is XRP Price Going Down While the Market Sentiments Turn Bullish appeared first on Coinpedia Fintech News While the markets are going greener after Bitcoin achieved the much-awaited

MicroStrategy Bitcoin Holdings Now Worth $40B as Bitcoin Hits $103K

The post MicroStrategy Bitcoin Holdings Now Worth $40B as Bitcoin Hits $103K appeared first on Coinpedia Fintech News Bitcoin’s (BTC) price finally pierced through the much-coveted target of