Notcoin

The post <a href="https://coinpedia.org/price-analysis/notcoin-not-is-preparing-for-another-big-move-a-60-upswing-may-be-on-the-horizon/" rel="noopener noreferrer nofollow">Notcoin (NOT) is Preparing for Another Big Move; a 60% Upswing May Be On the Horizon</a> appeared first on <a href="https://coinpedia.org" rel="noopener noreferrer nofollow">Coinpedia Fintech News</a>
Notcoin has gained significant attention in recent items as the price surged monstrously. Now that the token faced a 25% pullback after a huge rise of nearly 3500%, the market participants appeared to be bewildered about the next price action. However, the current trade setup suggests the NOT price is accumulating strength and may trigger a healthy upswing in the next few days.&nbsp;
The NOT price has undergone a parabolic move since its inception and has achieved great highs. As mentioned above, the token maintained a descending consolidation for a while, which in turn flashed massive bullish signals. The retracement has compelled the price to form a bullish pennant and the levels have reached the apex of the consolidation, which suggests an extended bullish trend may be on the horizon.&nbsp;
<figure class="wp-block-image"><img decoding="async" src="https://lh7-us.googleusercontent.com/docsz/AD_4nXdMOrvdp6vposazqi6SiSVIvqNbTDtm9pZO8cFIV3o7qS30uqxmkTP66vpkCfXY-eoaMvQ9IKdL383daKmVoJqChCCd_eFCvcG_iVutcZ9hW-Lij9smbb98kCO1rnHy7rF_kYrqpZAkqUjPecnbTDwoq5Ac?key=4I8H3PZ1WIx7B25K4FltSA" alt="">
</figure>
The NOT price appears to have remained stuck within a range in the long term, while the short-term trade displays a huge possibility of a bullish breakout. The price is consolidating within a bullish pennant and one last pullback is expected to trigger a huge upswing after a breakout from the edge of the accumulation. Besides, the RSI remains stuck around the average range, while the MACD is about to enter the positive range with a bullish crossover.&nbsp;
Collectively, the Notcoin price continues to remain within the bullish range, regardless of the interim bearish pressures. Besides, the volume has also been experiencing excessive squeeze, which indicates the probability of a huge influx of volume in the coming days. With this, the NOT price could trigger a fresh upswing and reach the upper target at $0.03 initially and later hit the ATH at $0.035 before the end of June 2024.&nbsp;

Notcoin (NOT) is Preparing for Another Big Move; a 60% Upswing May Be On the Horizon

CoinPedia News

Other articles published on Jun 7, 2024

Empowering Students to Explore the World of Blockchain Technology: CoinEx Charity’s Charity Lectu...

New York Atty. General Goes After Crypto Crooks In $1 Billion Scam Bust

Roaring Kitty's Chances Of Becoming A Billionaire Today Just Plummeted: Here's Why

MoonBag Meme Coin Becomes the Most Lucrative Investment for June 2024 while Dogeverse and Fantom ...

Analyst Predicts Bitcoin Could Reach $90,000 in Two Months

Dogeverse, BlastUP Lose Investors to MoonBag as $MBAG Staking Has Launched!

Join our free newsletter for daily crypto updates!