The post Notcoin Price Jumps 14% Overnight! NOT Price To Surge 100% This June? appeared first on Coinpedia Fintech News
After trading under a strong bearish sentiment for a brief period, Notcoin has successfully regained momentum amid a bullish reversal in the cross-border financial system. Furthermore, with the increasingly positive sentiment, the altcoin is on the verge of testing its important resistance level.
With the recent price pump questions like “Will Notcoin hit $0.01?” and “Is it worth buying Notcoin crypto?” recorded a surge in search volume. Planning on investing in this altcoin for the upcoming bull rally? In this article, we have covered the short-term prospects, price analysis, and targets of Notcoin (NOT).
Notcoin Price On The Verge Of A Breakout:
The NOT price has recorded a correction of 18.15% over the past week, however, the altcoin has regained momentum and has recorded a surge of 64.46% in its trading volume with a jump of 13.71% in valuation within the past 24 hours.
Moreover, the altcoin has jumped 26.98% within the past 30 days, indicating a long-term bullish influence for the Notcoin crypto in the market.
TradingView: NOT/USDT
With a trading price of $0.01810, a total supply of 102,701,033,769 NOT tokens, and a market cap of $1.884 Billion, the Notcoin has secured the 51st spot in the global crypto-list in terms of market capitalization.
The Simple Moving Average (SMA) constantly supports the price chart in the 1D time frame, suggesting increasing bullish sentiment for the altcoin in the cryptocurrency market.
The technical indicator, MACD, displays a constant rise in the green histogram, indicating an increase in the buying pressure within the crypto space. Moreover, the averages show a bullish pattern, suggesting the price will continue gaining value in the coming time.
Will NOT Coin Price Rise Back Up?
If the market pushes the Notcoin price above the resistance level of $0.01910, the bulls will regain momentum and prepare to test its resistance level of $0.02475. Maintaining the price at that level will set the stage for NOT crypto to attempt to retest its upper resistance level of $0.02945.
Negatively, if the bears overpowered the bulls, the price would lose momentum and prepare to test its crucial support level of $0.01340. Furthermore, if the bears continue to dominate the market, Bitcoin will plunge further and prepare to test its lower support level of $0.00860.