Analyst Ali Martinez recently gave a positive outlook for Notcoin (NOT), citing that it is primed for a significant price increase.
Highlights

Analyst Ali Martinez predicts a 76% price increase for NOTcoin, citing a recent breakout from a technical pattern.
Investor confidence is high after NOTcoin broke key resistance, with trading volume surging 163%
If the positive momentum continues, NOTcoin could reach $0.012, a significant price gain.
Analyst Ali Martinez recently gave a positive outlook for Notcoin (NOT), citing that it is primed for a significant price increase. He explained that the cryptocurrency recently broke out of a falling wedge pattern, which could signal a possible bullish reversal.
Martinez projects a 76% price increase , targeting $0.012 for the coin. Despite facing steep declines before, NOT has shown signs of recovery and could be on the way to a breakout. The coin was already up more than 17% at the time of writing hovering around $0.0074. That further cemented optimism among crypto enthusiasts.

Analyst Forecasts 76% Price Increase for Notcoin
Crypto analyst Ali Martinez has issued a bullish forecast for Notcoin (NOT), predicting a potential 76% price surge to $0.012. This optimism is fueled by its recent breakout from a falling wedge pattern, a technical indicator often associated with bullish reversals.

Despite facing significant price declines in the past, NOT has shown resilience and is poised for a potential upward trajectory. At the time of writing, the coin had already rallied over 17%, trading around $0.0074, further bolstering bullish sentiment within the crypto community.

It now means that Notcoin’s wedge pattern is complete, and price action suggests a breakout, hence the likely beginning of a bullish trend. Analyst Ali Martinez pointed out the falling wedge as an “excellent risk-to-reward setup,” a pattern that often represents a consolidation phase before a breakout.

Martinez stated that after this breakout, NOT could rally to $0.012, an earlier resistance level, thus presenting an excellent opportunity for short-term profit investors.

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A move to and beyond this level would mark a significant price gain and suggest a revaluation of the asset if sustained. If it can break this resistance with solid volume, it may set up a new support, enabling further upward movement.

$NOT Surges 17%: Bullish Outlook Gains Momentum
Ali’s analysis has become quite well-received by the market, with many investors now expecting a robust short-term turnaround for NOT. This confidence is reflected in the increased price volume over the last day. The more buyers who jump in, the more the price will break out of the predicted range.

Its approach to critical resistance levels, which could trigger a new trend for the token, creates much hype in the crypto community.

Having failed to break above the crucial level of $0.0063 for a very long period in a downtrend, Notcoin has jumped 17% in the last 24 hours to reach $0.0074. Optimistic investors believe this rally could finally be the breakthrough that shifts momentum toward the bulls.
Trading volume has also surged hand in glove with the appreciation in Notcoin’s price. According to market data, the 24-hour trading volume has jumped 163% to almost $340 million.

It seems that this period is favorable for many Telegram-based altcoins. Recently, TON has demonstrated resilience and strong investor confidence, despite recent market corrections. At the time of writing, it is experiencing a notable over 5% increase. This growth reflects growing optimism among traders and could signal a positive trend for the altcoin in the short term.

A surge in this nature of trading volume indicates growing investor interest in the possible breakout, as depicted by many investors opening positions. Volume spikes like this very often are the precursor to significant price movements, pointing at a shift in sentiment. If the price continues to increase, it may attract more buyers, confirming Ali’s rally forecast of $0.012.
#NOT #BTC #BNB #CryptoNewss #BinanceSquareFamily

Ali Martinez, who is famous for his cryptocurrency analysis, evaluated Notcoin ($NOT ).
Sharing on the X platform on November 5, crypto analyst Ali Martinez made a remarkable prediction that the Notcoin (#NOT ) price will remain on the rise in the coming weeks. According to analysts' predictions, the popular Telegram-based altcoin seems ready for a new upward movement until 2025.
The prediction in question may be based on the "falling wedge" formation formed on the NOT daily price chart. A falling wedge is a pattern consisting of two converging trend lines connecting price peaks and bottoms in technical analysis. A wedge formation can be in a rising or falling structure and can usually be a signal for the continuation or reversal of a trend.
However, the formation of the signal varies depending on the direction in which it is broken.
Notcoin (NOT) is winking at the rise with its technical structure
A falling wedge formation is a structure in which the price moves in a downward trend and a trend reversal is accepted if the upper trend line is broken. On the other hand, if the price falls from the “wedge”, this can be considered as a continuation of the trend.
As stated in the chart above, the NOT chart has been moving in a falling wedge formation in recent months. This indicates that the downtrend is losing momentum. However, Martinez stated that the 0.007 resistance level must be broken in order for Notcoin to break out of the wedge.
It is seen that the price has broken not only the $ 0.007 resistance, but also the falling wedge formation. This situation means that the altcoin2 can rise to higher levels in the coming weeks.
If Martinez’s vision comes true, the Notcoin price could approach the highs of July. Martinez set his target price for the popular altcoin as $ 0.012. This target means a 78 percent increase from the current price.
#notusdt #binance #TON #AltCoinSeason