Notcoin

Bitcoin

The post <a href="https://coinpedia.org/price-analysis/notcoin-not-price-triggers-a-huge-bullish-action-eyes-a-25-upswing-in-the-next-24-hours/" rel="noopener noreferrer nofollow">Notcoin (NOT) Price Triggers a Huge Bullish Action: Eyes a 25% Upswing in the Next 24 Hours</a> appeared first on <a href="https://coinpedia.org" rel="noopener noreferrer nofollow">Coinpedia Fintech News</a>
The crypto markets are recovering! <a href="https://coinpedia.org/price-prediction/bitcoin-price-prediction/" target="_blank" rel="noopener noreferrer nofollow">Bitcoin price</a> surged above $57,000! Altcoins are also gearing up to materialise a strong rebound! In the meantime, a popular altcoin, Notcoin has secured crucial resistance. However, a daily close above these levels is expected to push the NOT price towards higher targets in the coming days.&nbsp;
Will NOT price rally reach $0.02 this week?
The market sentiments have changed to a large extent and are <a href="https://coinpedia.org/price-analysis/bitcoin-recovering-hard-here-are-the-factors-that-may-have-a-huge-impact-on-the-btc-price-rally-this-week/" target="_blank" rel="noopener noreferrer nofollow">expected to remain volatile</a> in the coming days. Now that the bulls are reclaiming their dominance, the NOT price is expected to initiate a 25% upswing to reach the higher targets. The token dropped by nearly 30% since the start of the month and fulfilled the bearish pressure. Now that the price has initiated a strong rebound, a rise above $0.02 appears to be imminent.&nbsp;
<figure class="wp-block-image"><img decoding="async" src="https://lh7-us.googleusercontent.com/docsz/AD_4nXcf9e4sQEdkHR6vvOH9Lf-3uwXc9AXafHPRTYD71HmOZGJ2BKCIDm7RuzMm6JnQ3Z7MkT1CYTlJVh_YubT-LtCx8JhTU38hk8HvNdOW3g7SojjERgHPWHsqIkISq4VWUUQrk-M4fUTuGbpUlk4HhqNn_D8?key=QDZO8NZ68fOb78K77429KQ" alt="">
</figure>
Ever since the price marked the highs close to $0.03, the bears have held a strong influence over the rally. This compelled the token to remain consolidated within a descending triangle until the recent weekend which compelled the price to pierce down from the lower support zone. After a minor correction, the NOT price has reclaimed the support-turned-resistance zone which may pave the way for a fresh bullish price action as it has been happening since the start of the day.&nbsp;
The MACD remains bullish while the OBV or on-balance volume, rises above the vertical consolidation. This suggests the bulls are reclaiming their dominance, and after achieving 0.5 FIB at $0.013, the next target could be around 0.718 above $0.02. However, to validate this move, the Notcoin price is required to close above the 0.618 FIB at $0.01677, which could validate a fresh bullish upswing towards the higher targets.&nbsp;

Notcoin (NOT) Price Triggers a Huge Bullish Action: Eyes a 25% Upswing in the Next 24 Hours

CoinPedia News

Andra artiklar publicerade 8 juli 2024

This Dog Coin Is Entering A Zone Of 'Very Attractive Valuations,' Says Trader...And It's Not SHIB...

Bitcoin, Ethereum, Dogecoin Slightly Down, But Short Liquidations Peak And A Bullish Signal Is 'W...

Why are memecoins down today? Dogecoin, Shiba Inu in focus

Binance Tops the List of Top 10 Centralized Exchange

VeChain Price Chart Shows Signs for a Bullish Rebound as Support Levels Await a Proper Retest

Notcoin skyrockets 55% in 24 hours: Could it climb another 35%?

Prenumerera på vårt nyhetsbrev och få kryptouppdateringar varje dag!