Notcoin ($NOT ) has been making waves in the crypto space, surging 19.71% over the past day to hit $0.0085. The Telegram-based cryptocurrency, while experiencing a slight cooldown, is still catching the attention of analysts and investors alike, with prominent predictions of a potential price hike in the near future.

Breaking Out of a Falling Wedge

Analysts have highlighted Notcoin’s positive trajectory, particularly after it broke out of a falling wedge pattern two weeks ago—a bullish technical signal. Falling wedges typically signify a reversal or continuation of an uptrend. For Notcoin, which faced a five-month bear market after its explosive 380% surge in May, the breakout marks a significant turning point.

The recent range-bound movement between $0.0070 and $0.0084 indicates that the token is gaining momentum and liquidity for another potential rally. Analysts are optimistic about Notcoin’s trajectory, with predictions of a 76% upside that could propel the token to $0.12—its highest price since August.

Resistance Ahead

However, Notcoin faces a significant resistance level at $0.010, which has historically acted as a barrier, most notably in October. Breaking through this level will require strong market sentiment and increased liquidity.

The Bigger Picture

Notcoin’s rally coincides with broader market optimism, spurred by macroeconomic events such as Donald Trump's re-election. The expectation of a crypto-friendly government has reignited investor interest in digital assets, including emerging tokens like Notcoin.

Key Levels to Watch

Resistance: $0.010

Targets: $0.012 (immediate), $0.10 (long-term bullish projection)

Support: $0.007

With growing investor confidence, liquidity, and technical indicators aligning, Notcoin may be on the brink of a major breakout. Will it rise to $0.10 or beyond? The next few days will be critical for this promising cryptocurrency.

Takeaway

Notcoin’s rally reflects the dynamic nature of the crypto market. As the token inches closer to key resistance levels, its ability to maintain momentum will determine whether it can reach new highs or consolidate further.

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