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$NOT Coin Price Prediction: Reasons Meme Coin Crashing Suddenly
The meme coin that surprised investors last week, rising by more than 4x to $0.02836 is in the red, as bulls fight to secure support at $0.02.
Crypto’s most viral meme coin is back in the red after leading a profound rally since last week. $NOT sellers are gradually trimming the 302% fortnight gain, leaving bulls gasping for air.
The token still sustains a 120% increase in value in the last seven days but the last 24 hours have been intensely bearish, with declines reaching 12% during US business hours on Wednesday.
Before the correction, $NOT surged to achieve a new all-time high of $0.02836. Investors who purchased the viral tap-to-earn meme coin at an all-time low of $0.004611 are up more than 300% on their initial investment.
🔸 Why Is Notcoin Falling?
Profit-taking is one of the major factors causing instability in the market. Early investors are quick to cash out for profit, which they are likely to distribute to Bitcoin and other established altcoins.
Following the incredible rally last week, headwinds were expected. Now, Notcoin as an uphill battle to prove to investors that it can hold its value. This will attract interest from traders who are likely to bet on the next breakout to a new all-time high.
Amid the volatility, Notcoin hovered at $0.02116. The technical structure hints at the downtrend continuing in the coming sessions.
Similarly, investors seem to have turned to more established meme coins, some of which spiked in double digits on June 5. Floki hit a new all-time high, and is sustaining a 17% surge in the last 24 hours.
🔸 Can Bulls Fight For Recovery?
The path of least resistance is strongly inclined downwards, especially with NOT price sliding below the 20-day Exponential Moving Average (EMA) in blue. Backing the bearish outlook is a vivid sell signal from the Moving Average Convergence Divergence (MACD) indicator.
Increasing red histograms is another bearish sign to consider when intending to trade NOT.
#BTC☀ #altsesaon #NOT🔥🔥🔥
The meme coin that surprised investors last week, rising by more than 4x to $0.02836 is in the red, as bulls fight to secure support at $0.02.
Crypto’s most viral meme coin is back in the red after leading a profound rally since last week. $NOT sellers are gradually trimming the 302% fortnight gain, leaving bulls gasping for air.
The token still sustains a 120% increase in value in the last seven days but the last 24 hours have been intensely bearish, with declines reaching 12% during US business hours on Wednesday.
Before the correction, $NOT surged to achieve a new all-time high of $0.02836. Investors who purchased the viral tap-to-earn meme coin at an all-time low of $0.004611 are up more than 300% on their initial investment.
🔸 Why Is Notcoin Falling?
Profit-taking is one of the major factors causing instability in the market. Early investors are quick to cash out for profit, which they are likely to distribute to Bitcoin and other established altcoins.
Following the incredible rally last week, headwinds were expected. Now, Notcoin as an uphill battle to prove to investors that it can hold its value. This will attract interest from traders who are likely to bet on the next breakout to a new all-time high.
Amid the volatility, Notcoin hovered at $0.02116. The technical structure hints at the downtrend continuing in the coming sessions.
Similarly, investors seem to have turned to more established meme coins, some of which spiked in double digits on June 5. Floki hit a new all-time high, and is sustaining a 17% surge in the last 24 hours.
🔸 Can Bulls Fight For Recovery?
The path of least resistance is strongly inclined downwards, especially with NOT price sliding below the 20-day Exponential Moving Average (EMA) in blue. Backing the bearish outlook is a vivid sell signal from the Moving Average Convergence Divergence (MACD) indicator.
Increasing red histograms is another bearish sign to consider when intending to trade NOT.
#BTC☀ #altsesaon #NOT🔥🔥🔥
$NOT is almost 0.030.
*Is it time to sell?*
THiS post is For NEWbies
I own over a million of Not coins and like I said in my previous post I don't plan to sell now.
I'm waiting for 0.03, but as we as know the crypto market is highly volatile. Things can change within an 1hr, so you have to be ready for it.
No matter when you bought #NOT🔥🔥🔥 you should be in profit right now. Should you sell??
Click on #Not at the bottom of this post and you will see the options to sell and buy.
Click on sell - in the menu you several options among them is stop limit. Select Stop Limit.
To prevent significant losses, you can set a sell stop-limit order with a stop price of 0.0218 and a limit price of 0.0214.
When the price reaches 0.0218, a limit order is placed to sell #Not at 0.0214.
The stop and limit prices can be the same, but it’s generally safer to set the stop price (trigger price) higher than the limit price for sell orders.
If Not keeps flying you can increase the limit. For example when Not reaches 0.029, you can cancel the previous order and set a new stop limit and limit orders at 0.025 and 0.024, respectively.
If I helped you, give me a follow and click on like. Have a great day :)
$NOT
*Is it time to sell?*
THiS post is For NEWbies
I own over a million of Not coins and like I said in my previous post I don't plan to sell now.
I'm waiting for 0.03, but as we as know the crypto market is highly volatile. Things can change within an 1hr, so you have to be ready for it.
No matter when you bought #NOT🔥🔥🔥 you should be in profit right now. Should you sell??
Click on #Not at the bottom of this post and you will see the options to sell and buy.
Click on sell - in the menu you several options among them is stop limit. Select Stop Limit.
To prevent significant losses, you can set a sell stop-limit order with a stop price of 0.0218 and a limit price of 0.0214.
When the price reaches 0.0218, a limit order is placed to sell #Not at 0.0214.
The stop and limit prices can be the same, but it’s generally safer to set the stop price (trigger price) higher than the limit price for sell orders.
If Not keeps flying you can increase the limit. For example when Not reaches 0.029, you can cancel the previous order and set a new stop limit and limit orders at 0.025 and 0.024, respectively.
If I helped you, give me a follow and click on like. Have a great day :)
$NOT
Binance #Megadrop Phase 2 is set to launch soon. 🎉
In Phase 1, completing the basic tasks on BounceBit could earn you 79 tokens, with the token's highest value reaching around 50U.
For Phase 2, the Binance Megadrop project introduces ListaDAO, a LSDFi project within the BNB ecosystem, focusing on collateralized debt positions (CDPs) and liquidity staking. ListaDAO allows users to mint stablecoins while collateralizing LSD.
In 2022, ListaDAO's predecessor, Helio Protocol, was established with the ambition to become the MakerDAO on the BNB chain. In July 2023, Helio Protocol merged with Synclub, a collateralization and liquidity staking provider on the BNB chain, and launched the LSDFi Foundation. In August 2023, Binance Labs invested $10 million in Helio Protocol to facilitate its transformation into a liquidity staking platform.
Binance Megadrop is a new token issuance platform that includes airdrops and Web3 tasks. Users can subscribe to BNB locking products and/or complete tasks in their Web3 wallets to earn rewards from selected Web3 projects before their tokens are listed on the market.
For more details, visit: https://www.binance.com/en/support/announcement/introducing-lista-lista-on-binance-megadrop-lock-your-bnb-and-complete-web3-quests-for-airdrop-1d721573862848678686e1b310ba80fc
#ListaDao #BinanceLabs #bouncebit $BB
In Phase 1, completing the basic tasks on BounceBit could earn you 79 tokens, with the token's highest value reaching around 50U.
For Phase 2, the Binance Megadrop project introduces ListaDAO, a LSDFi project within the BNB ecosystem, focusing on collateralized debt positions (CDPs) and liquidity staking. ListaDAO allows users to mint stablecoins while collateralizing LSD.
In 2022, ListaDAO's predecessor, Helio Protocol, was established with the ambition to become the MakerDAO on the BNB chain. In July 2023, Helio Protocol merged with Synclub, a collateralization and liquidity staking provider on the BNB chain, and launched the LSDFi Foundation. In August 2023, Binance Labs invested $10 million in Helio Protocol to facilitate its transformation into a liquidity staking platform.
Binance Megadrop is a new token issuance platform that includes airdrops and Web3 tasks. Users can subscribe to BNB locking products and/or complete tasks in their Web3 wallets to earn rewards from selected Web3 projects before their tokens are listed on the market.
For more details, visit: https://www.binance.com/en/support/announcement/introducing-lista-lista-on-binance-megadrop-lock-your-bnb-and-complete-web3-quests-for-airdrop-1d721573862848678686e1b310ba80fc
#ListaDao #BinanceLabs #bouncebit $BB
