Famous analyst's Notcoin (NOT) comment: Big rise is on the way.

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 show an upward trend in the coming weeks. According to the analyst's prediction, the popular Telegram-based altcoin seems ready for a new upward movement by the end of 2025.

The prediction in question is 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. The wedge formation can be in a rising or falling structure and can signal the continuation or reversal of a trend, respectively. However, the signal varies depending on the direction in which the formation is broken.

A falling wedge formation is a structure in which the price moves in a downward trend, and if the upper trend line is broken, it is considered that a trend reversal has occurred. On the other hand, if the price falls below 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 Notcoin needs to break the resistance level of $ 0.007 in order to break out of the wedge.

It is seen that the $NOT price has broken not only the resistance of $ 0.007, but also the falling wedge formation. This situation means that the altcoin2 can rise to higher levels in the coming weeks.

If Martinez's prediction comes true, the Notcoin price could approach its highs from July. Martinez set a target price of $ 0.012 for the popular altcoin. This target means a 78 percent increase from the current price.

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