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

Ethereum Active Addresses Surge By 36% In Support Of Bullish Price Action – Details

Shortly after surging above $4,000 on December 6, Ethereum (ETH) has sunk into a state of consolidation showing no significant price action over the last day With growing speculations over the

A Crypto Tax Paradise? Czech Republic Pioneers Tax-Free Crypto Policies

Czech lawmakers have approved a groundbreaking tax reform exempting bitcoin and other digital assets from capital gains tax if held for over three years, effective Jan 1, 2025 Additionally, annual

Latam Insights: Bolivian Crypto Market Overheats, Chile Belittles Bitcoin

Welcome to Latam Insights, a compendium of the most relevant crypto and economic news from Latin America over the past week In this issue, the Bolivian cryptocurrency market keeps growing after the

Blockchain needs a killer use case, and authentication is cold-blooded

The following article is an op-ed by Tyler Adams, CEO & Co-Founder at COZ For the last two years, crypto developers and venture capital have been hyper-focused on supporting infrastructure

Spot Ethereum ETFs Record Best Weekly Performance, 10-Day Inflow Streak Continues

The spot Ethereum ETFs (exchange-traded funds) in the United States have continued their impressive form, posting their tenth consecutive day of positive inflows to close the week This strong

Technical Analysis Puts XRP Price Above $5 In Next 3 Days, Whales Buy $288 Worth Of XRP

The XRP price is consolidating after a crazy 460% surge within four weeks that saw it breaking above $28 on December 3 for the first time since 2018 This consolidation saw the XRP price dropping to