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

Bitcoin shows strength for further upside as it consolidates on $100k — Bitfinex

Bitcoin’s (BTC) 14% weekly correction after surpassing the $100,000 threshold does not invalidate its potential for further upside as key price metrics cooled down, according to the latest

Memecoin Crash Hard While Pepe & Dogecoin (DOGE) Display Strength—Can the Other Tokens Trigger a Recovery?

The post Memecoin Crash Hard While Pepe & Dogecoin (DOGE) Display Strength—Can the Other Tokens Trigger a Recovery appeared first on Coinpedia Fintech News As the markets collapsed with over

Trump Effect: Bitcoin ETFs Attract $10 Billion Inflows Since Election Day

Since Election Day, bitcoin exchange-traded funds (ETFs) have garnered the attention of Wall Street investors who seem convinced that President-elect Donald Trump will be able to bring regulatory

PEPE Hits $10.5 Billion Market Cap Milestone Amidst Frenzied Whale Action

PEPE, the meme-inspired cryptocurrency, made headlines after crossing $10 billion in market valuation The memecoin’s price increased by more than 22% in the last week, which confirmed its

Cardano News : TVL on the ADA Network Hits $555 Million Amid Growing Whale Interest

The post Cardano News : TVL on the ADA Network Hits $555 Million Amid Growing Whale Interest appeared first on Coinpedia Fintech News After an impressive rally since early November, the Cardano (ADA)

Crypto Market Correction Sparks $1.76 Billion in Liquidations, Bitcoin and Ethereum Hit Hard

The post Crypto Market Correction Sparks $176 Billion in Liquidations, Bitcoin and Ethereum Hit Hard appeared first on Coinpedia Fintech News The cryptocurrency market faced a sharp sell-off over the