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Vladislav Hryniv
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đŸ”„ $NOT Price Prepares for a Fall to $0.01 - BeinCrypto Analytics Notcoin’s price has been cooling down since the rally last month, during which many investors made money. But as the bullish cues wane, NOT’s real test begins to see if it survives the profit-taking or loses to skepticism. Rising bearishness in the short-term timeframe shows signs of a potential downtrend. The Relative Strength Index (RSI) is well below the neutral line into the bearish zone. The Relative Strength Index (RSI) measures the magnitude of recent price changes to evaluate overbought or oversold conditions in a security. It oscillates between 0 and 100, with readings above 70 typically indicating overbought conditions and readings below 30 indicating oversold conditions. Given the aforementioned cues, Notcoin’s price is likely to witness a drawdown. The Telegram Coin has already dropped from the high of $0.023 to $0.018. At the moment of report, NOT is trading at: - $0.15887 on Binance - $0.15910 on WhiteBIT - $0.15900 on MEXC The altcoin holds above the crucial support of $0.017, but a drop below it is likely. The consequent decline will potentially send NOT to $0.013. This would nearly wipe out the entirety of the 94% rise noted during the early June rally. However, if Notcoin’s price prevents a breakdown and bounces back from $0.017, it could recover the recent losses. The likely uptick will send NOT to $0.020, and breaching the resistance of $0.023 will invalidate the bearish thesis. {spot}(NOTUSDT)

đŸ”„ $NOT Price Prepares for a Fall to $0.01 - BeinCrypto Analytics

Notcoin’s price has been cooling down since the rally last month, during which many investors made money. But as the bullish cues wane, NOT’s real test begins to see if it survives the profit-taking or loses to skepticism.

Rising bearishness in the short-term timeframe shows signs of a potential downtrend. The Relative Strength Index (RSI) is well below the neutral line into the bearish zone.

The Relative Strength Index (RSI) measures the magnitude of recent price changes to evaluate overbought or oversold conditions in a security. It oscillates between 0 and 100, with readings above 70 typically indicating overbought conditions and readings below 30 indicating oversold conditions.

Given the aforementioned cues, Notcoin’s price is likely to witness a drawdown. The Telegram Coin has already dropped from the high of $0.023 to $0.018.

At the moment of report, NOT is trading at:

- $0.15887 on Binance

- $0.15910 on WhiteBIT

- $0.15900 on MEXC

The altcoin holds above the crucial support of $0.017, but a drop below it is likely.

The consequent decline will potentially send NOT to $0.013. This would nearly wipe out the entirety of the 94% rise noted during the early June rally.

However, if Notcoin’s price prevents a breakdown and bounces back from $0.017, it could recover the recent losses. The likely uptick will send NOT to $0.020, and breaching the resistance of $0.023 will invalidate the bearish thesis.

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👀 $SHIB on Its Way to Reversal - U.Today Analytics Shiba Inu has been gradually regaining value on the market, but unfortunately, the asset could not hold itself at the proper level and retraced in a dramatic fashion, losing key support levels and then plummeting toward the 200 EMA, which is the last resort support level for the asset. For a few days until now, SHIB has struggled to hold onto its gains, facing significant downward pressure. It was helpless at the critical support levels, causing a sharp decline. As a result of this pullback, SHIB is getting closer to its 200-day Exponential Moving Average. The 200 EMA often acts as a strong support in technical analysis, representing the average closing prices over the past 200 days. For SHIB, it is particularly important as it becomes the “last resort” support of the coin. In case this level gets broken by the asset, it will be seen as signifying a longer bearish trend that could lead to more drops. The SHIB market has been divided into two factions with regards to its sentiment. Some people, when seeing this drop, consider it just a small lapse, while others are more cautious and think that not holding key supporting levels might indicate underlying weaknesses. This recent price action reveals itself as a classical retracement pattern after making efforts toward recovery, indicating high volatility in the cryptocurrency industry. It would be advisable for investors to keep track on the 200 EMA. A bounce from there may allow SHIB to reestablish new grounds toward its next bullish cycle. But breaking down below such a threshold may bring about further selling pressures and a continuation of the current downtrend.
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đŸ’„ $XRP faces a crucial test at $0.45: Is a crash to all-time low likely? - AMBCrypto Analytics Ripple [XRP]  is wrestling with a critical support level after a 13% drop since the 25th of May. The rejection has left investors in a dilemma, wondering if XRP will plunge to its all time low or if a bullish surge is on the horizon after a likely price reversal. As of this writing, XRP was consolidating in a bullish pennant, with an impending breakout point in nearing. The price is currently fluctuating around the support level at $0.45. If the price closes below this level, a further price fall to the all time low may be witnessed.  However, if XRP holds this support and builds enough bullish momentum, a price reversal towards the $0.53 resistance level is within reach. The stochastic RSI (23.27) is in an oversold zone, indicating an impending bullish reversal.
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🚀 $PEPE Price Prediction: Meme Coin Trades Below Key Moving Average - BeinCrypto Analytics At its current price, PEPE trades below its 20-day Exponential Moving Average (EMA), which represents an asset’s average price over the past 20 days.  When the price drops under this key moving average, the asset trades lower than its average price in the past 20 days. It is a bearish sign and signals a shift in market trends from buying to selling. Readings from PEPE’s Moving Average Convergence Divergence (MACD) confirm the shift in sentiment. On June 1, the token’s MACD line (blue) crossed below its signal line (orange) towards the zero line. This intersection signals that selling pressure outweighs buying activity, and the bears now dominate the market.  If the bearish influence in the PEPE market continues to surge, it might force its price to $0.000011. However, if invalidated and the bulls regain market control, PEPE may push higher toward $0.000013.
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đŸ’” Notcoin Price Prediction as $NOT Nears All-Time High – $1 Breakout Incoming? - CryptoNews Analytics Notcoin uptrend seems to have been revived after a change in momentum over the past 48 hours. Most notably, Notcoin’s relative strength index (purple) has dipped from 80 to 30 over the past 24 hours. This suggests that the upward momentum has weakened, hinting towards consolidation. This is reinforced by Notcoin’s recent failure to rebound from the $0.017688 support level (red). This indicates that the buying pressure is not strong enough to sustain prices above that level. To see further upside and potentially break its all-time high on the road to $1, NOT will need more significant momentum. Despite current negative indicators, the 30-day moving average (yellow) is trending upward and approaching the 200-day moving average (blue). This suggests that short-term momentum remains positive. If the 30-day moving average decisively crosses above the 200-day moving average, it could signal that the short-term momentum is strong enough to potentially influence a long-term uptrend. While technical indicators suggest positive short-term price movements, sustainable long-term growth will likely hinge on fundamental factors. Most significantly, the space at large is being greatly limited by The Federal Reserve’s unexpected hawkish stance on potential rate cuts, which has overshadowed softer consumer inflation figures. The Fed kept interest rates unchanged. The benchmark rate is projected to reach 5.1% this year. This suggests only one rate cut in 2024. This undercuts previous anticipations of up to 3 rate cuts, putting pressure on the market and creating uncertainty among traders.
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đŸ”„ $SOL Hanging From Edge - U.Today Analytics Solana has been one of the most stable assets on the cryptocurrency market thanks to the movement above the $150 threshold. However, things are about to change considering the fact that it is barely holding onto the 100 EMA which, if breached, will certainly lead to a strong drop toward the $130 price level that coincides with the 200 EMA and acts as a strong buffer for the price. Right now, Solana is barely hanging onto the 100-day Exponential Moving Average (EMA), which is a significant support level. For this asset, 100 EMA has in most cases been the critical point where the price reverses back upward in case of downtrends. Unfortunately for Solana, if that support is breached, then it might suffer a deep decline. The next key support area lies around $130, which also coincides with the 200-day EMA. In technical analysis, the point where the 200 EMA crosses can be considered as a horizontal support or resistance line. However, at this level a sharp pullback may take place, inhibiting further declines in case of Solana’s price reaching that level. When the 100 EMA breaks through, panic-selling may accelerate toward the downward trend to reach the 200 EMA at $130. At press time, SOL is trading at: - $147.89 on Binance - $147.86 on WhiteBIT - $147.85 on Coinbase
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