Notcoin price experiences market fluctuations with a 0.15% increase over 24 hours. Mixed market signals suggest potential bullish trends amid ongoing volatility.
NOT has experienced substantial market fluctuations in the past 24 hours. During the US session on Monday, the token’s value increased by 0.15%, as indicated by CoinMarketCap data. Notcoin’s market capitalization exceeds $1.68 billion despite the correction. Additionally, the potential for a surge to $0.05 later this week is indicated by a $747 million 24-hour trading volume.
The market movements of the coin have been unusually volatile, characterized by substantial declines and recoveries. Notcoin is currently rated 57th in market capitalization and has a circulating supply of 102 million NOT. Within the past day, the price chart has shown a low of approximately $0.0153 and a high of roughly $0.0167.
NOT Managing Market Fluctuations
Despite the ongoing correction, Notcoin has attracted substantial search volumes, which indicates traders’ positive sentiment. Initially a viral Telegram game, the Notcoin price rapidly rose to become one of the most highly traded tokens. The price is expected to experience a significant increase in the coming days, following a period of considerable compression.
The price of Notcoin has declined by 24% in the past month due to a market downturn. Numerous tokens, including Notcoin, have been adversely affected by the cryptocurrency market’s elevated volatility.
This decline is attributed to the heightened selling pressure and broader market trends. Nevertheless, the NOT price has experienced a 12% increase in the past month, fluctuating between $0.0046 and $0.028.
Future Predictions and Technical Analysis of Notcoin
There are indications of consolidation in Notcoin, which suggests that a prospective bullish phase is imminent. NOT can surpass the resistance level if the ascending trend resumes. This upward movement may result in a value near $0.035, eventually reaching $0.050 shortly.
Nevertheless, Notcoin may gain support if market sentiment remains unfavorable. The cryptocurrency market’s volatility, a protracted decline, could result in a price decline.
For Notcoin, the daily indicators indicate a mixture of market signals. The Moving Average Convergence Divergence (MACD) indicator indicates the short-term adverse sentiment. The MACD indicates the prospective downward momentum, and the signal lines are below zero. NotCoin is a neutral trend, as evidenced by the Relative Strength Index (RSI), which stands at 36.
The Bollinger bands indicators for the 4-hour chart exhibit a substantial price movement. The lower Bollinger band indicates a range of price volatility at $0.014783, and the upper Bollinger band at $0.017397.
