NOT has risen by 6% in the last 24 hours and is currently trading at $0.0023. The daily chart of the coin is also bullish and this is further supported by the MACD which is in the positive territory. Also, the RSI is at 47.17 indicating a somewhat neutral to bullish market environment.
The rise in trading volume for Notcoin is notable, reflecting strong market interest and activity. This increased volume has propelled the price action, suggesting that NOT could continue its upward movement. Investors should watch for a breakout above the $0.015 resistance level, which could signal further gains.
Although there was a 1% decline in the market capitalization to $1.5 billion, Notcoin’s value increased to $0.01541, which remains well-placed as it prepares for a possible bullish trend. It has a strong social signal, and some of the sellers are making good money out of it, with a 178% monthly growth.
In the past month, Notcoin has risen in value by a staggering 175% and has attracted a lot of attention in the trading markets. Prices oscillated between $0.028 and $0.015 before a sudden 24% decrease last week. This decrease aligns with broader fluctuations in volatility affecting large cryptocurrencies such as Bitcoin, Ethereum, and Solana.
This performance is in line with other cryptocurrencies in the market, indicating a recovery phase that is enhancing the confidence of investors in different cryptocurrencies. As NOT goes on to rise, most of the cryptos are also experiencing similar trends in their rise. This may potentially cause Notcoin’s price to rise to an all-time high if the current market trends continue to prevail.
Notcoin Price Prediction: Bear or Bull?
Notcoin’s recent spike follows closely behind Toncoin’s recent success, spurred by the latest integration of USDT on Binance. This development promises to propel both TON and NOT towards unprecedented highs.
If NOT’s positive trend continues to be witnessed, the cryptocurrency is likely to break the resistance level of $0.0155. It is expected that its value could soon be around $0.02. Higher bullish pressure may even push its price to $0.5 during the next significant bull market.
On the other hand, a change in market conditions may fix Notcoin’s price at $0.014 support level. A downward trend could bring its value down to $0.013, which is an indication of a bear market. If bearish conditions are aggravated, NOT may drop to a support low of $0.002.
