💰💰💰Could the Global Viral Coin Notcoin Reach $1 in Value?💰💰💰

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Exchanging approximately $785 million in a single day, Notcoin traded at $0.0188 on Sunday. A downturn in market sentiment has contributed to a roughly 4.50% decrease in Notcoin's price over the last day.

With a market capitalization of $1.95 billion, Notcoin now holds the #55 spot among cryptocurrencies, according to reports from cryptonews.com. With 102 billion NOT coins in circulation, the total supply is significant.

Traders are now focusing on key technical indicators, support, and resistance levels to predict Notcoin's price movement.

Presently valued at $0.01883, Notcoin (NOT) has recently completed a 50% Fibonacci retracement, hovering around the $0.0170 mark.

Using the Fibonacci retracement tool to calculate the asset's peak-to-trough movement may help identify potential reversal levels.

Market sentiment appears indecisive, with a Doji candle forming near the 50% retracement level, suggesting a potential buying opportunity.

Notcoin encounters immediate resistance around $0.01895, coinciding with the location of the 50-day Exponential Moving Average (EMA).

Further levels of interest for Notcoin are $0.01998 and $0.02361 if it breaches this barrier. On the downside, $0.01703 serves as immediate support, with $0.01408 and $0.01194 as potential buying zones in case of a price decline.

The current Relative Strength Index (RSI) stands at 43.37. The RSI tracks the rate and magnitude of price changes to determine whether an asset is oversold or overbought.

An RSI below 50 suggests that the market is neutral or possibly oversold, which could be advantageous for buyers.

In conclusion, Notcoin's current technical outlook favors purchasing above $0.01700, with the potential for further price gains upon breaking through the $0.01895 resistance level.

#Notcoin #NOT $NOT @The Notcoin Official