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

Dogecoin & Pepe Stuck Within a Consolidation While Shiba Inu Ready For a 30% Upswing-Here’s What’s Next

The post Dogecoin & Pepe Stuck Within a Consolidation While Shiba Inu Ready For a 30% Upswing-Here’s What’s Next appeared first on Coinpedia Fintech News After a magnificent run, the crypto

Top 5 Blockchain Disruptors This December: A New Challenger Emerges

The post Top 5 Blockchain Disruptors This December: A New Challenger Emerges appeared first on Coinpedia Fintech News The blockchain industry is no stranger to innovation, with projects constantly

Phantom Wallet Gets a Boost, Adds Support for Sui

Phantom Wallet, one of the most popular cryptocurrency wallets in the market, has recently announced that it will add support for Sui, an agile blockchain platform offering users fast processing

Bitcoin Surpasses $100,000 As Institutionals Run The Show: CryptoQuant

Data from CryptoQuant has revealed how institutional investors have been the drivers behind the latest Bitcoin surge above $100,000 Bitcoin Coinbase Premium Index Has Been Positive Recently In a new

Stellar and Hedera See Weekly Declines, Analysts Highlight Lunex Network As an Alternative

The post Stellar and Hedera See Weekly Declines, Analysts Highlight Lunex Network As an Alternative appeared first on Coinpedia Fintech News Stellar and Hedera have faced weekly declines, raising

Bitcoin On Track To Replace Gold In 10 Years, Trading Firm Predicts

Bitcoin (BTC) shattered the $100,000 price milestone yesterday, reaching as high as $104,088 on Binance crypto exchange This historic price action has prompted analysts at the trading firm Bernstein