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

Cryptocurrency Pioneer Bitcoin Taps $100,000

Bitcoin (BTC), the first and leading cryptocurrency, has crossed the $100,000 threshold, marking a pivotal moment in its 15-year history From Pennies to $100,000: Bitcoin’s Remarkable

Bitcoin Miner Foundry Cuts Jobs, Focuses on Core Business

Foundry, a leading bitcoin mining company, has laid off nearly a third of its workforce as part of a broader restructuring effort Foundry Spins off AI Arm, Cuts Jobs Bitcoin miner Foundry has laid

Bitcoin’s Next Move? Coinbase Premium Suggests a Short-Term Rally May Be Brewing

According to recent insights, Bitcoin (BTC) seems to be on the verge of another rally, which suggests the potential for short-term upward momentum At the heart of this discussion is the Coinbase

MT. Gox Moved $2.82 Billion in Bitcoin as It Soars Above $100k

The post MT Gox Moved $282 Billion in Bitcoin as It Soars Above $100k appeared first on Coinpedia Fintech News Defunct crypto exchange Mt Gox moved 27,871 Bitcoin worth $282 billion to an unmarked

XRP Price Revisits Key Level: Will The Bulls Return?

XRP price started a downside correction below the $250 support The price is consolidating near $220 and might aim for a fresh increase above the $245 level XRP price started another decline and

‘Bitcoin Jesus’ Roger Ver Slams US Overreach Amid Indictment Battle – Details

A popular figure in the cryptocurrency world known as “Bitcoin Jesus” – who has been indicted for a multi-million-dollar tax evasion case – asked a federal court to drop the charges