🔥 $NOT Price Prediction: Could This Worldwide Viral Coin Reach $1? - CryptoNews Analytics

Notcoin (NOT) is currently trading at $0.01883. It has recently completed a 50% Fibonacci retracement at around the $0.0170 level, which is an important technical indicator for traders.

The Fibonacci retracement tool helps identify potential reversal levels by measuring the peak-to-trough move of an asset.

In this case, the formation of a Doji candle at the 50% retracement level suggests market indecision, which could indicate a potential buying opportunity.

Immediate resistance for Notcoin is found at $0.01895, where the 50-day Exponential Moving Average (EMA) is also positioned.

This means that the price might struggle to move above this level without significant buying pressure.

If Notcoin can surpass this resistance, the next levels to watch are $0.01998 and $0.02361. On the downside, immediate support is at $0.01703, with additional support levels at $0.01408 and $0.01194, which could serve as potential buying zones if the price declines.

The Relative Strength Index (RSI) is currently at 43.37. The RSI is a momentum indicator that measures the speed and change of price movements, indicating whether an asset is overbought or oversold.

An RSI below 50 generally suggests a neutral market stance but leaning towards being oversold, which might favor buyers.

In conclusion, the current technical outlook for Notcoin suggests buying above $0.01700, with the potential for upward movement if the price surpasses the $0.01895 resistance level.