NOT Price Prediction: Is There Any Hope Left In Notcoin Price?

Sep 21

Currently, Notcoin is trading just above its $0.0070 support level, but beneath dynamic EMA bands (20-day, and 50-day). Since June, the token has been trapped in a falling wedge pattern, repeatedly testing lower resistance levels.

If the lower-low spree keeps on, the next significant support is around $0.0046, and falling below this could lead to further declines.

Looking at Q3 2024, Notcoin has been consolidating between $0.0070 and $0.0084 throughout September after a seamless decline. Although there was a brief surge to $0.0079 on September 17, it was quickly rejected, continuing its downward trend under a descending resistance line.

The price action has been confined to this September consolidation, and a breakout in either direction could trigger a rally.

However, without a clear catalyst to spark buying interest, the token is likely to remain under pressure.

Investors hoping for a resurgence may need to be patient, as both technical and on-chain indicators continue to show a bearish outlook. Investors must avoid FOMO and DYOR.