$NOT Price Prediction: Anticipating the Next Market Move - CoinGape Analytics

The telegram-based altcoin has seen a notable price surge over the past 30 days, mounting a surge of 184%, driven primarily by significant positive sentiment among investors. This uptick saw the NOT price hit an all-time high of $0.02896 on 2nd June, trading between $0.014 and $0.016 throughout the day. 

Notcoin is currently on a recovery trajectory, which might signal the beginning of a bullish phase. If this trend continues, it is expected that Notcoin will break through the resistance at $0.018. This could pave the way for a rise toward the $0.02 mark, with the potential to reach as high as $0.1 if the momentum holds.

Conversely, If the market sentiment declines, Notcoin’s price consolidates around $0.015. Any further decreases might lead to a drop to approximately $0.013, highlighting the inherent volatility of the crypto market.

The daily technical indicators for Notcoin exhibit a notable trend, as evidenced by recent XRP/USD chart activity. The Relative Strength Index (RSI), currently at 36, leans towards the higher end of the oversold zone.

The Moving Average Convergence Divergence (MACD) indicator presents a narrowing histogram in red, signaling a reduction in bearish momentum, with values hovering just above the baseline. This setup indicates a potential equilibrium or mild positive shift in Notcoin’s market sentiment.  The Average Directional Index (ADX) reading of 36 suggests weakness in the prevailing trend.