Notcoin Struggles at $0.008850; Will NOT Zero?

Notcoin, a tap-to-earn game on Telegram, is struggling to overcome the $0.008462 resistance level, limiting price growth. TradingView data shows the cryptocurrency rose 23% from $0.007180 to $0.008889.

After hitting this peak, the NOT token pulled down below the crucial $0.008462 threshold again. Since then, the cryptocurrency has failed to recover momentum and break this resistance level, casting doubt on its ability to beat zero soon.

Notcoin Price Action
A 4-day positive run on TradingView's daily chart saw the cryptocurrency hit $0.008462, last seen on September 9. Notcoin's price has fallen below this obstacle before.

This suggests that bulls dominate the market more than bears, favoring continued upward growth. This trend remains weak, as seen by the average directional index of 22.7492. While bulls are in charge, weak momentum might affect market mood if circumstances change.

Additionally, the moving average convergence divergence has shown a bullish crossing, with the MACD line advancing above the signal line at -0.00026169. Histogram bars above the zero line are expanding, indicating market bullishness.

Will NOT strike zero?

After the latest barrier breach, analysts are optimistic that the Notcoin token might soon reach new heights and erase a zero from its price. A convincing closing above $0.008462 might spark this upward trend. The token may hit $0.01058 after overcoming this obstacle.

Market researcher Sheldon the Sniper said that Notcoin is set to join the bull run. His charts show that the cryptocurrency has breached a major trendline that lowered its value for months. Thus, Sheldon expects this breakthrough to spark a 57.55% rise to $0.014 and a 126.44% leap to $0.018 if market circumstances stay positive.

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