Notcoin Price Prediction: Reasons Meme Coin Crashing Suddenly 🔰
After a significant rally, Notcoin is back in the red. Sellers are trimming the 302% fortnight gain, with a 12% decline in the last 24 hours. Despite this, the token has a 120% increase in value over the past week.
Why Is Notcoin Falling?
Profit-taking by early investors is causing market instability. Following last week's rally, headwinds were expected. Notcoin now needs to prove it can hold its value to attract traders betting on a new all-time high.
Currently, Notcoin is at $0.02116, with technical indicators suggesting the downtrend may continue. Investors are turning to more established meme coins, with Floki and others showing significant gains.
**Notcoin Price Prediction: Can Bulls Recover?**
The downward trend is likely, with Notcoin sliding below the 20-day EMA and the MACD showing a sell signal. Key levels to watch include the 38.2% Fibonacci retracement level, which could support a recovery if it holds. If sellers push below this level, Notcoin could drop to $0.01.
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