Can Notcoin Price Lit A Flame Of Hope, Ahead?
Notcoin's price is currently hovering just above its $0.0070 support level but remains below the 20-day and 50-day EMA bands. Since June 2024, the token has been stuck in a falling wedge pattern, consistently testing lower resistance levels.
If this downward trend continues, the next major support level is around $0.0046. Falling below this could lead to further declines.
Throughout Q3, Notcoin has been consolidating between $0.0070 and $0.0084, following a steady decline. Although there was a brief surge to $0.0102 on September 22, it was quickly rejected, continuing its downward trend under a descending resistance line.
The price action has been confined within a consolidation range in october too, and a breakout in either direction could trigger a rally. However, this would require a significant increase in interest, which is currently lacking. 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 technical and on-chain indicators continue to show a bearish outlook. It's important to avoid FOMO and DYOR.
NOTUSD.P trade ideas
NOT Price Prediction: Is There Any Hope Left In Notcoin Price?
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.
Notcoin Struggles to Recover: Is Another Low Imminent? Notcoin Struggles to Recover: Is Another Low Imminent?
Notcoin crashed sharply, losing nearly 27% in the last three sessions.
The weighted sentiment curve turned bearish indicating a bearish dominance in Notcoin.
Notcoin price seemed to be attempting a recovery after a sharp crash in the last few sessions. The technical charts were already bearish and Notcoin was observed to be struggling for a firm footing in the last couple of weeks.
However, the arrest of Telegram's CEO Paul Durov in France added more to the worse dragging the price closer to its monthly low. Notcoin price loomed nearly 27% in the last three sessions amid the news of arrest.
However, the bulls seemed to be attempting for a recovery intraday after a sharp crash. At the time of writing, Notcoin was trading close to $0.009 indicating an impressive intraday rise of 10.66%.
Also, the daily NOT/USD chart highlights the formation of an interesting pattern which indicates a possible rebound in the short term. Let's analyze and try to find a clear picture of where Notcoin may lead in the upcoming sessions.
Weighted Sentiment Curve Turned Bearish
As per the data obtained by an on-chain analytics website app.santiment.net, The bearish sentiments surged in the recent sessions. As a result, the weighted sentiment curve loomed below the line to enter the bearish zone.
The weighted sentiment curve indicates the combined biasness of the investors and traders whether it is bullish or bearish at the moment. Currently, the weighted sentiment curve was placed below the zero line indicating a bearish sentiment leading the trend.
Moreover, the derivatives analysis reveals a sharp drop in the number of open contracts from $114 Million to $90 Million in intraday indicating a long unwinding. The volume to market cap ratio at 32.47% suggests high volatility in the crypto.
Notcoin Price Technical Analysis
Despite the long term bearishness in Notcoin and recent news that triggered a crash of nearly 27% in Notcoin. The intraday surge of over 10% indicates the presence of buyers at the lows.
Moreover, the daily chart highlights the formation of a falling wedge pattern with the price currently hovering near the lower boundary of the wedge. Now, if the price takes a rebound from the lower boundary of the wedge, it may show gains in the short term to reach the upper boundary of the channel.
Also, if the bulls fail to hold the price near recent support, it may validate a bearish domination in the short term and the price may show decline towards the lower support levels.
At the time of writing, RSI line was placed close to 36.53 and that of the 14 day SMA line was placed near 40.84 points. Both the RSI and SMA line were observed to be converging indicating a possible bullish crossover.
Notcoin seemed to be attempting for a recovery in August after a sharp crash. However, the arrest of Telegram's CEO Paul Durov in France dragged its price down by 27% in three sessions. The weighted sentiment curve suggests a bearish domination at the moment. Also, the OI data has dropped by 20% indicating a long unwinding.
The daily chart shows a falling wedge pattern, suggesting potential short-term gains if the price rebounds from the lower boundary. However, failure to hold recent support could lead to further declines. RSI and SMA lines indicate a possible bullish crossover.
Can Telegram Coin’s Not-so-Impressive Run Turn Magnificent Ahead
Recently, Notcoin's (NOT) MACD indicator has shown a reduction in bearish momentum and has led to the forming of a bullish cross. Similarly, the RSI flashed at 45.74 and bounced back from the 14-SMA smoothened line. This optimistic shift indicates a hint of a positive trend for the asset's price market to recover.
On the positive side, the NOT approaches the upper border in the wedge, and contingent on optimism, the price could pierce the upper border to retest supply.
Therefore, the interruption for the rally would be at $0.01636, and $0.02161, respectively. On the contrary, the supports could be at $0.00921, and $0.00771, respectively.
Notcoin Preparing For A 45% Surge: Time To Ride The TrendNotcoin Preparing For A 45% Surge: Time To Ride The Trend?
The daily NOT/USD chart highlights Notcoin breaking out of an interesting channel pattern.
The Open Interest contracts have surged nearly 20% a day to $150 Million.
At the time of writing, Notcoin was exchanging hands close to $0.016 recording a positive development of nearly 6.20% today.
The Bitcoin's U-turn from the lows in the previous week has wiped out the fear among the investors and re-established confidence among the Investors. Since last week, Bitcoins as well as Altcoins seem to be recovering, snapping off the earlier losses.
While few altcoins are still stabilizing at the lows to bounce back, on the flip side, few cryptocurrencies are ready to take off. It might be better to join them before the party begins.
Notcoin has made a strong recovery from the lows and seemed ready to break out of a correction phase. Earlier, the price had been following a declining channel pattern and correcting.
However, the recent comeback by the bulls suggest a possible breakout of a correction phase. Moreover, the jump in the OI data and transaction volume also adds further confirmation to the same.
OI Data Jumps By 20% A day?
Notcoin began as a popular Telegram game, introducing numerous users to web3 through a tap-to-earn mining feature. The NOT token serves as a community currency for the game.
Users can earn NOT by exploring web3 products, contributing to the ecosystem, and participating in various new games to increase their earnings. It has a live market capitalization of $1.70 Billion and ranks 52nd in the cryptoverse.
While the bulls are preparing for a breakout of a declining parallel channel pattern, there has been a notable development in the OI data. OI data study from app.santiment.net website highlights a significant amount of inflow in the open interest contracts.
As per the data, the Open Interest contracts have jumped nearly 20% to $150 Million in a day suggesting a long buildup. The long buildup in the OI data points to a possible breakout in the forthcoming sessions.
Notcoin Bulls Target 45% Gains?
The daily NOT/USD chart highlights the formation of a declining parallel channel pattern with the price getting ready for a breakout. The recent sessions have experienced a strong comeback from the lower boundary of the channel followed by a retest of the upper boundary of the channel.
All these scenarios on a combined note points to a breakout. A breakout of the pattern may validate the termination of a correction phase and initiation of a new bullish phase. On the higher side, the short term traders and investors may look for a 45% gain till the recent swing high.
The technical indicators are leaving a bullish note on a combined analysis. The key EMAs are supporting the trend. while RSI showcases a bullish crossover with a 14 day SMA line suggesting a bullish continuation ahead.
Can Notcoin Breakout Or Fail?
Notcoin has taken a rebound from its lows and is preparing to break out of a correction phase. The price had been following a declining channel pattern, but recent data shows a significant inflow in open interest (OI) contracts, jumping 20% to $150 million in a day, indicating a long buildup.
Moreover, The daily NOT/USD chart suggests a potential breakout from the declining channel, supported by a strong comeback by the bulls and retest of the upper boundary. Technical indicators, including key EMAs and RSI, point to a bullish continuation. A breakout could end the correction phase with potential gains of 45%.
Notcoin (NOT)Notcoin (NOT)
Notcoin began as a popular Telegram game, introducing numerous users to web3 through a tap-to-earn mining feature. The NOT token serves as a community currency.
Users can earn NOT by exploring web3 products, contributing to the ecosystem, and participating in various new games to increase their earnings.
In recent developments, NOT price noted a bullish momentum and surpassed the key Exponential moving averages of 20 and 50 days indicating a possible trend shift. The EMAs may now act as a dynamic support.
Furthermore, the daily chart highlights the formation of a bullish flag or a declining parallel channel pattern. Currently, NOT price hovers near the upper boundary of the channel and may register a breakout soon. on the higher side the $0.023 may act as a short term profit booking level after a sustained breakout.
Notcoin May Break Out Of A Correction PhaseNotcoin May Break Out Of A Correction Phase
Notcoin, which began as a popular Telegram game, has successfully introduced numerous users to web3 via a simple tap-to-earn mining feature.
As a community-driven token, NOT rewards users for contributing to the ecosystem and exploring a variety of web3 offerings. It has a live market capitalization of $1.62 Billion and ranks 51st in among all the cryptocurrencies.
The daily chart highlights the formation of a declining channel pattern with the price hovering close to the upper boundary at the moment. On the higher side, a breakout above $0.017 may mark the end of a correction phase and the price may show gains towards the $0.023 level.
At the time of writing, the RSI line has surpassed the mean line indicating a positive shift in the trend. The RSI was placed close to 54.3 points and the 14 day SMA line was placed close to 46.5 points.
In the last couple of trading sessionThe Not Crypto has given a breakout from a bullish pattern on the daily chart, known as a falling wedge. It has attained a bullish momentum in the last 3-days, which illustrates that buyers are trying their best to take over the price and are aiming to capture lost territories back from the sellers.
In the past structure, mainly from the swing high peak of $0.0290 by June 2nd, 2024, the NOT began to witness profit booking on its daily chart, which led to a 65% correction in the crypto.
In the last couple of trading sessions, the price has advanced by taking support at $0.0092. If the price keeps on surging, it could be $0.0216 and $0.0265 hurdles. While failing to rise, it could drop to lower levels and end the pattern. MACD has converged with the high anticipation of a bullish cross formation soon, and RSI has been recovering from oversold to overbought.
Notcoin (NOT)Notcoin (NOT)
Notcoin price seemed to be reversing its course from bullish to bearish side. The NOT price made a breakdown of the previous support at $0.0158 which now has turned into a resistance now.
The daily chart highlights a rejection from the $0.0158 level indicating a bearish continuation in the crypto. At the time of writing, the NOT price was exchanging hands close to $0.014 indicating an intraday drop of nearly 8%. on the lower side, the $0.012 and $0.010 may act as the next support if the price resumes to fall.
the breakout rallies stronglySince NOT is part of the TON ecosystem, the NOT could be influenced by TON's optimistic news. The Analysts are bullish on NOT coin as well.
One of the analyst, Captain Faibik, Tweeted on X with optimism that NOT is on the verge of a massive wedge upside breakout; with his shared chart drawing, he predicts an 80% gain to come on 4-H TF.
Similarly, based on the analyst tweet, the NOT asset daily chart shows that it has been surging from support and remains above the 200-day, and 50-day EMAs, portraying bullish strength.
Likewise, the MACD portrays a bullish cross, with a rising histogram in NOT at 0.0001137, and the RSI flashed at 52.64. It portrayed that the Notcoin crypto is not losing steam yet and could continue to climb higher in future sessions.
Therefore, if the breakout rallies strongly, the next goal for the NOT price could be to reach the above levels, such as $0.0220 and $0.0267.
On the contrary, if the price plunges and trades inside the pattern again, the anticipated bullish pattern made in NOT would lose its significance and would be invalid.
Likewise, in this scenario, if the Notcoin crypto price fails to stay above the $0.0130 level, it could also decline further.
Notcoin Heads For A Profit Booking!Notcoin Heads For A Profit Booking!
Notcoin emerged as a telegram game, captivating their users with innovative tap to earn mining features. It served as an engaging gateway into the world of WEBE3. The GETTEX:NOT token lies at the heart of this community-driven platform, rewarding users for exploration and discovery of new web3 products.
It also incentivizes participation in games, allowing users to accumulate more tokens. Moreover, it fosters a collaborative environment where contributions that enhance the ecosystem are recognized and rewarded. Additionally, It provides a unique opportunity for web3 developers to introduce their offerings to an active community through targeted campaigns.
The daily chart witnessed the formation of a lower high pattern which has not been validated as the price hovers above the neckline of $0.0158 level. Now, if the bears are able to drag the price below the $0.0158 level, it may indicate short term trend reversal and the price may extend downwards.
whereas, the price currently hovers in a bullish territory until it hovers above the $0.0158 level. The key 20 day EMA at $0.0165 may also act as a dynamic support and try to prevent the further downside move.
Notcoin Emerged As The Top Gainer For The 2nd Consecutive Week!Notcoin Emerged As The Top Gainer For The 2nd Consecutive Week!
Notcoin secured the top gainer of the week soaring by over 6.50% in intraday adding a total of 55.28% a week. The NOT crypto has emerged as the top performing for the second consecutive week as per the coinmarketcap.com.
In the previous week, crypto took a big leap towards the higher side and surged over 279%. Continuing its uptrend on the second consecutive week, the crypto managed to gain over 55.28% this week adding an impressive total of 334.28% in the last two weeks.
At the time of writing, the crypto was up over 6.50% trading close to $0.020. The bulls are leading in the intraday and might add up a few more gains by the session's end.
Originated as a popular telegram game, Notcoin introduced numerous users to the web3 space by a simple tap tap to earn mining feature. It has a live market capitalization of $2.031 Billion and ranks 51st among all the cryptocurrencies. The circulating supply as well as the total supply is limited at 102.701 Billion tokens.
Notcoin Takes A Big Leap Gaining A Massive 279% A WeekNotcoin Takes A Big Leap Gaining A Massive 279% A Week
Notcoin originated as a popular game on Telegram, introducing numerous users to web3 by employing a simple tap-to-earn mining feature. The GETTEX:NOT token serves the community, allowing users to gain rewards for exploring and discovering web3 offerings, engaging in new games for additional earnings etc.
It contributes to the ecosystem's growth, and enables web3 developers to present their products to the community through Notcoin's promotional campaigns.
Over the past week Notcoin registered a massive surge in its price gaining over 279% a week. Since its inception, the crypto had been in the limelight which kept attracting the investors.
At the time of writing, Notcoin was exchanging hands close to $0.0198 recording a significant intraday surge of over 25%. The price is rising over the boosted investors sentiment and might continue to outperform its peers until it is backed by momentum.
Notcoin (NOT) Price Soars 20% In Intraday: All Time High In SighNotcoin (NOT) Price Soars 20% In Intraday: All Time High In Sight?
Notcoin Snapped off yesterday's losses and Surged Higher 20% in intraday and was trading close to $0.0142.
The bulls are now setting their sights on the all-time high of $0.0144 which is merely 6.67% higher from the CMP.
Notcoin price gained ground sooner than anticipated and lifted off over 20% in intraday. The bulls snapped off yesterday's losses and are now eyeing the All time high value of $0.013 which is merely 6.67% from the CMP.
The crypto has continuously grabbed the attention of buyers since its launch. Moreover, the crypto has been maintaining itself among the top trending for the 4th consecutive session on coinmarketcap.com.
Let's analyze whether Notcoin can maintain its lead over its fellow cryptocurrencies and if it presents a promising investment opportunity for the weeks ahead.
Notcoin Crypto: Social Dominance And Volume Analysis
Moreover, there has been a significant increment in the social engagement metrics intraday today. The social dominance metric has seen a significant rise, leaping from 40% to 56%, while the social volume metric has escalated from 164 to 289 within a day.
The social dominance and social volume metrics serve as indicators of cryptocurrency's discussion frequency, perceived value, and popularity within the community. It reflects the level of activity and demand for Notcoin among enthusiasts and users.
The uptick in these social indicators suggests a growing involvement from the community, which could potentially lead to an uptick in demand for Notcoin.
Can Notcoin Make A Big leap Towards $0.02 level Above ATH?
At the time of writing, the NOT crypto was exchanging hands closer to $0.0144 recording an impressive 20% rise in Intraday. The market sentiment has shifted positively, erasing the losses from the previous day, and is now approaching the record high, which is only 6.67% away.
The momentum behind the price surge suggests the possibility of further gains beyond the current peak. As per the analysts, if Notcoin breaks past its highest recorded value, there's potential for it to reach the $0.02 mark in the forthcoming month, provided the momentum persists.
At present, technical indicators such as the Relative Strength Index (RSI) and the Simple Moving Average (SMA) are signaling an overbought condition, hinting at a potential upcoming correction. It's advisable for traders and investors to monitor these price movements closely.
Conclusion.
Description
Notcoin Pauses After 160% Gain: Correction Or Further Rally AheaNotcoin Pauses After 160% Gain: Correction Or Further Rally Ahead
Notcoin seems to be taking a pause after six consecutive green days, culminating in an impressive 160% appreciation.
With a volume-to-market cap ratio exceeding 76.47%, Notcoin exhibits significant volatility, indicating a turbulent market landscape.
Over the last few sessions, the Notcoin has delivered an impressive growth claiming a gain of over 160% to their investors. The growth seems to be driven by the recent burning of nearly 17 M NOT tokens and announcement of NOT airdrop phase 1.
At the time of writing, the NOT price was exchanging hands close to $0.012 indicating a negative intraday development of over 3.66%. Despite dominating Intraday, the bears are still not looking confident as the price still hovers higher than the previous day's low.
However, the volume inflow has dropped in Intraday which indicates the weakening of bulls at the top and the price may experience some profit booking. Let's analyze and try to find out whether it may lead to a larger rally or a downward correction.
The Volume Inflow Dropped, Suggesting Weakening of Buyers
The recent price drop might continue to snap more gains as there has been a drop in the volume inflow. As per the data obtained from a financial website coinmarketcap.com the volume inflow has dropped by over 26.5%.
The drop in volume inflow might be an early sign of the losing bulls interest at the top and the price may head for a correction.
Also, the volume to market cap ratio was nearly 76.47% suggesting a high volatility in the crypto. It has circulating supply and a total supply of 102.71 Billion tokens.
Can Notcoin Continue To Gain Or Head For A Profit Booking
Notcoin price seems to be taking a pause after delivering a strong momentum for the last six consecutive sessions. Over these sessions the bulls have enjoyed a rally of over 160%.
However, the bears are trying to make a comeback as the price seems to be taking a pause in Intraday today. Despite the price being down over 3% in Intraday the bears are not looking confident as the price still hover above the previous day's low.
As of now, the daily chart seems to be witnessing an inside candle pattern. Now, if the price breaks above the Intraday high. it may indicate a bullish continuation and the crypto may continue to inch higher.
However, if the volume inflow drops and a profit booking situation arises, the price may drop towards the support of $0.0086.
Conclusion.
Notcoin has surged over 160% recently, fueled by the burning of 17 million tokens and a NOT airdrop announcement. However, the intraday trading shows a 26.5% drop in volume, hinting at potential profit-booking and a possible correction. The high volume-to-market cap ratio suggests volatility.
Currently, Notcoin price seems to be taking a pause after a six-day rally with an intraday dip of 3%. The formation of an inside candle pattern over the daily chart indicates that surpassing the intraday high could lead to further gains. While a continued volume decrease may push the price down to $0.0086 support.