Price Analysis

Notcoin Crypto Price Soars With Huge Margin: Has NOT Season Just Begun?

Notcoin crypto has displayed some magnificent moves during the past weekend, due to which NOT price has been the focus of attention. The remarkable 120% surge since the start of the month has been one of the biggest moves by a contemporary token. The market participants may expect a good entry point, but the price is preparing for the next bullish move. Therefore, one can expect another move with a similar pace and strength in the coming days. But how?

Just a few hours before, the NOT price smashed a new ATH at $0.02896 and unfortunately dropped over 27%. However, the bulls are utilising all their strength to prevent the rally from dropping below the key support at $0.02. This massive drop suggests, that the shorts may have washed out, which may now allow the price to revive a strong bullish trend. 

As seen in the above chart, the NOT price has triggered a massive run in the past few days, specifically during the monthly close. The volume has dropped slightly but continues to hover within a bullish range, suggesting an accumulation before the next breakout. Secondly, the RSI, which was draining, appears to have halted its bearish trend, which may consolidate along the narrow range for a while. After accumulating strength, a fresh upswing may elevate the levels above $0.032 to $0.035 to form a new ATH. 

Notcoin is about to enter the top 50 cryptos as the market cap also underwent a 20% rise while the volume soared over 200%, making it the 4th largest traded asset after Tether, Bitcoin, & Ethereum. This suggests the token has already attracted huge attention and hence a new ATH with another 100% jump appears to be pre-programmed. Therefore, the Notcoin crypto price remains within a bullish range as the token is in the middle of a fine rally. 

Also Check Out : GameStop (GME) Price Seeks Another 150% Jump After a Monstrous 200% Rally in the Next Few Days!

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