âââNotcoin (NOT) Remains Bullish, Now What?
Following a pullback, Notcoin (NOT) has demonstrated strong bullish momentum, attracting both traders and investors. This upward trend reflects market confidence and optimism about its future prospects.
As the cryptocurrency's value increases, market watchers are analyzing key indicators and trends to gauge the duration of this bullish phase and its potential peak.
This article will examine Notcoin's price prospects over 1-hour and 4-hour intervals using technical indicators.
At the time of writing, Notcoin's market capitalization exceeded $2.3 billion, with a 24-hour trading volume surpassing $4.4 billion. Its price was $0.025, up by 20%. Over the past day, market capitalization increased by 16.33%, and trading volume surged by 106.31%.
Notcoin Price Indicators and Technical Analysis
Notcoin is trading above the 100-day SMA on the 1-hour time frame, indicating continued bullishness and potential for further price increases.
The 1-hour Moving Average Convergence Divergence (MACD) histograms rising above the MACD zero line suggest continued bullish movement. The MACD line and signal line have crossed and are moving above the zero line with a strong spread, indicating potential price growth for Notcoin.
Following a setback, NOT has formed a bullish candlestick in the last 4 hours, signaling a potential upward rebound.
The 4-hour MACD remains bullish as the MACD line and signal line are actively above the zero line, and the MACD histograms are trending higher. This indicates further expansion for Notcoin.
Future Prospects for Meme Coin
Notcoin has achieved highs of $0.029405 and lows of $0.018863 and $0.011381, which are key milestones for its price direction. If Notcoin breaks above the resistance level of $0.029405, it could reach new highs.
If Notcoin fails to surpass this resistance, its price may fall towards $0.018863. If it breaks below this support level, the price could challenge $0.011381 and other chart levels.
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