🔥 $NOT Price Prediction: Can Bulls Fight For Recovery? - CoinGape Analytics

The path of least resistance is strongly inclined downwards, especially with NOT price sliding below the 20-day Exponential Moving Average (EMA) in blue. Backing the bearish outlook is a vivid sell signal from the Moving Average Convergence Divergence (MACD) indicator.

Increasing red histograms is another bearish sign to consider when intending to trade NOT.

Various key levels could play a role in the direction Notcoin price takes this week. A rebound from the 38.2% Fibonacci retracement level could quickly renew interest in the token and support a recovery to the peak and subsequently a new all-time high above $0.03.

Conversely, declines will likely increase if sellers push below the 38.2% Fibonacci level. In that case, traders will be forced to shift targets to the ascending trendline and the 50% Fibo. The 50-day EMA forms a confluence support with the trendline.

Below both of these levels, Notcoin could enter a spiral movement below $0.015 and reach $0.01.