Toncoin

Notcoin

Claim Instant 100,000 CHIKA Tokens Airdrop Worth Of $100 USD Free On <a href="https://chikamoji.lol/" rel="noopener noreferrer nofollow">ChikaMoji.Lol</a>Notcoin’s price has jumped 14% in the last day, hitting a monthly high. This boost shows strong investor interest, with the funding rate consistently rising. The Relative Strength Index (RSI) is also above the neutral line, indicating increased buying pressure.<img src="https://academy-public.coinmarketcap.com/optimized-uploads/d58dcace4005457f96af7e60742d4582.png" />Telegram Coin Notcoin (NOT) is bouncing back from a recent dip, breaking through its downtrend line. If it can overcome a key resistance level, the altcoin might continue to gain.<h3 id="notcoin-not-investors-show-growing-optimism">Notcoin (NOT) Investors Show Growing Optimism</h3>Notcoin investors have been eagerly waiting for a price increase, and their enthusiasm is becoming evident. One key sign of this optimism is the <a href="https://cryptosheadlines.com/first-time-in-years-federal-reserve-raises-fed-funds-rate-above-5/" rel="noopener noreferrer nofollow">funding rate</a>. The consistent positive figures indicate a <a href="https://cryptosheadlines.com/high-ada-tvl-signals-strong-bullish-trend-trader/" rel="noopener noreferrer nofollow">strong bullish sentiment among traders</a>.The funding rate’s steady rise from a negative dip reflects growing confidence in the market. This <a href="https://cryptosheadlines.com/upward-trends-predicted-for-sol-ada-near-link-cryptos/" rel="noopener noreferrer nofollow">upward trend</a> highlights investors’ belief in Notcoin’s potential.<img src="https://academy-public.coinmarketcap.com/optimized-uploads/e6346c8064534e7d83056a7d3c2e58c3.webp" />Notcoin Funding Rate. Source: <a href="https://www.coinglass.com/" rel="noopener noreferrer nofollow">Coinglass</a>Moreover, the Relative Strength Index (RSI) is currently above the neutral line. The RSI, which measures price momentum from 0 to 100, shows values above 50 as a sign of buying pressure. This technical indicator confirms a surge in <a href="https://cryptosheadlines.com/chainlink-whales-increase-buying-activity-can-link-surpass-20/" rel="noopener noreferrer nofollow">buying activity</a>.<img src="https://academy-public.coinmarketcap.com/optimized-uploads/c77f5f61107d4d5f89fcdace2dac43d3.webp" />Notcoin RSI. Source: <a href="https://www.tradingview.com/" rel="noopener noreferrer nofollow">TradingView</a><img src="https://academy-public.coinmarketcap.com/optimized-uploads/77767d551e2644ed8791e514078f8ee0.png" />The elevated RSI suggests that more investors are buying Notcoin, reinforcing the ongoing price rise. The combination of a positive funding rate and an increasing RSI points to strong bullish momentum.<h3 id="notcoin-not-faces-key-resistance-as-price-rises">Notcoin (NOT) Faces Key Resistance as Price Rises</h3>Notcoin’s price has increased by 14% in the last 24 hours, currently trading under the resistance level of $0.01794. This barrier has been tested several times over the past month without a successful breach.<a href="https://cryptosheadlines.com/trump-shooting-spurs-reactions-meme-coins-surge/" rel="noopener noreferrer nofollow">Also Read: Trump Shooting Spurs Reactions; Meme Coins Surge</a>The growing bullish sentiment among investors is promising and could help Notcoin break through this resistance. Successfully surpassing $0.01794 might push the price up to $0.02000, offering investors additional potential gains.<img src="https://academy-public.coinmarketcap.com/optimized-uploads/2c0d7c7baa704d3db93c6c2828597c65.webp" />Notcoin Price Analysis. Source: <a href="https://www.tradingview.com/" rel="noopener noreferrer nofollow">TradingView</a>However, if Notcoin fails to breach the resistance again, the price could remain consolidated between $0.01794 and $0.01300. A drop below $0.01300 would invalidate the current bullish outlook and lead to a loss of the recent gains.

Notcoin (NOT) Gains 14% Uptrend

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CryptosHeadlines.com

Ďalšie články zverejnené 17. 7. 2024

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