$NOT
Notcoin (🚀NOT🚀) rose 70%🚀, exceeding bearish forecasts
According to Be in Crypto. Despite bearish expectations, Notcoin managed to shift investor sentiment towards the positive.
Price rally
Notcoin price recently rose to $0.0171, causing a significant increase in buying pressure. The coin's Relative Strength Index (RSI) has risen above its neutral line, indicating growing investor interest. A high RSI usually suggests that more investors are buying Bitcoin, which could potentially cause prices to rise further.
Positive financing rate
Notcoin's funding rate also turned positive, a notable shift after a period of negative rates that signaled bearish sentiment. This positive funding rate implies increased optimism among investors, with many betting on potential profits, which could further boost Notcoin's price.
Price forecast
Over the past three days, Notcoin's price has risen 68%, reversing the 35% loss recorded at the end of June. The next target for the altcoin is $0.0211, which requires breaking through the $0.0179 resistance.
