Notcoin Price Prediction: 3 Top Reasons Propelling NOT To $1

Technology

On The Brink Of Reaching $0.1? – Crypto News

Published

2 years ago

June 4, 2024

Dripp

Notcoin price prediction: NOT a viral Telegram game that has seen a notable price increase in the past 24 hours. The viral gaming token is trading at $0.02586, with a robust surge of more than 23%, according to CoinMarketCap data. The market capitalization of Notcoin now stands at approximately $2.66 billion, securing its #45 rank among other cryptocurrencies.

However, it’s noteworthy that the 24-hour trading volume has decreased by 51.27%, totaling around $2.11 billion. Despite the dip in trading volume, NOT’s trading volume is ranked 7th, surpassing Solana and Binance.

Notcoin Price Prediction: Potential to Reach New Heights Amid Bullish Signals

Notcoin price has seen a strong rally from $0.005 to above $0.026, indicating significant bullish momentum. This upward trend suggests increasing investor confidence and potential further gains in the near term.

Notcoin surged over 190% in the past week, reaching an all-time high of $0.02644 on June 2. Integrated as a Telegram Mini App, Notcoin has rapidly gained popularity, amassing over 30 million users on Telegram within two months. Since its launch, Notcoin has experienced a price increase of over 144%, making it the most trending altcoin.

Notcoin Price Prediction

Social media buzz has been a key driver behind Notcoin’s impressive rally. Within two weeks of its launch, Notcoin became the second-most mentioned cryptocurrency on various platforms. This surge highlights the crypto community’s growing interest and adoption of Notcoin.

Technical Indicators For NOT Suggest Bullish Trend

With the current bullish trend, NOT show strong upward momentum, indicating a potential entry into a bullish phase. The cryptocurrency is poised to challenge the $0.03 resistance level soon. If this momentum continues, NOT price could rise toward $0.05, possibly reaching $0.1 in the next bullish run.

However, if market sentiment shifts towards negativity, Notcoin might find support around $0.026. A prolonged downturn could further push the price to approximately $0.025, suggesting a bearish trend.

The daily technical indicator for Notcoin shows a promising uptrend. The Moving Average Convergence Divergence (MACD) indicator reveals bullish momentum. The MACD line stands at 0.003060, comfortably above the signal line at 0.003201, suggesting that buying pressure is still strong.

Notcoin Price Prediction: How Likely Will It Hit $0.1 Soon? — Notcoin Price Prediction| Source: Tradingview

The Relative Strength Index (RSI) is 72, indicating that Notcoin is overbought territory. The Awesome Oscillator (AO) indicates a bullish momentum with a value of 0.006770. This positive trend is further supported by the Chaikin Money Flow (CMF) indicator, which stands at 0.15, suggesting strong buying pressure.