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

5 Altcoins to Get into as the Market Enters One of the Biggest Bull Runs Ever

The post 5 Altcoins to Get into as the Market Enters One of the Biggest Bull Runs Ever appeared first on Coinpedia Fintech News As the cryptocurrency markets gain strong bullish sentiment for a

Stablecoins Break $200B Mark as Ethena’s Yield-Bearing USDE Supply Soars 89%

The stablecoin market has crossed an impressive $200 billion in value, with the top three fiat-pegged tokens experiencing notable growth over the past month Ethena’s USDE has taken center

Weekly crypto inflow hits record high of $3.85 billion as Bitcoin, Ethereum, and XRP shine

Crypto investment products achieved a historic milestone last week, recording a staggering $385 billion in weekly inflows, according to CoinShares’ latest report on digital asset flows These

5 Affordable Cryptos That Could Outperform the Entire Market by Next Year

The post 5 Affordable Cryptos That Could Outperform the Entire Market by Next Year appeared first on Coinpedia Fintech News In the ever-changing world of cryptocurrency, not all potential stars come

Bitcoin Is ‘Highly Likely’ In A Supercycle: Expert Explains Why

Renowned macro analyst Alex Krüger posits that Bitcoin is “highly likely” in a supercycle Krüger articulated his perspective via X, emphasizing the distinct trajectory Bitcoin is currently

Ethereum Just “One Leg Away” From Reclaiming All-Time High, Market Expert Claims

Ethereum is portraying its position as a leader in the crypto market after its recent upward spike to the $4,000 mark, a level not seen for about three years As ETH challenges resistance points, this