🔥 $NOT surges 84% in one week: Time to add NOT to your portfolio? - AMBCrypto Analytics

While there has been some profit-taking activity in the past few days, NOT’s momentum indicators remain significantly above their 50-neutral lines.

At press time, the token’s RSI was 76.73, while its Money Flow Index was 77.

These indicators suggested that NOT buying activity remained significant and exceeded selling pressure. 

However, it is key to note that at its value, NOT’s RSI signaled that the token was overbought and a potential price correction was imminent.  When an asset is overbought, buyers’ exhaustion sets in, and its price witnesses a pullback.

Although there lies a risk of a slight correction in NOT’s price, the bulls remain firmly in market control. Readings from its Elder-Ray Index showed this. As of this writing, the indicator’s value was 0.012. 

This indicator measures the relationship between the strength of NOT’s buyers and sellers in the market. When its value is positive, bull power dominates the market.

Further, its positive directional index (green), at 45.96, was above its negative index (red), at 6.2, as of this writing. This signaled that the altcoin was experiencing a stronger uptrend than a downward momentum, even though some traders had started selling.

In addition, NOT’s Chaikin Money Flow (CMF) at 0.20 showed that a significant amount of liquidity was flowing into the market.

A positive CMF is a sign of market strength. It connotes capital inflow as demand for an asset climbs, a bullish signal.