Notcoin Price Prediction: NOT Soars 7% In A Week As This P2E DOGE Raises Over $6 Million
The Notcoin price rose by a fraction of a percentage in the last 24 hours and 7% in a week to trade at $0.01089 as of 00:35 a.m. EST on trading volume that skyrocketed 24% to $207 million.
Notcoin continues to rule the charts as the third biggest GameFi token by market capitalization, as IMX and FLOKI lead, according to Coingecko .
Notcoin Price Aims For A Continued Upward Trend
The Notcoin price was in a downward trend from July 24 to August 5, dropping from the $0.016 resistance to the $0.0085 support, according to data from GeckoTerminal .
The bulls then used this support to push the token back up through a markup phase to the $0.01248 resistance. NOT has been fluctuating below this resistance but above the $0.01071 support zone as the price moves in a sideways pattern.
The price of Notcoin trades below both the 50-day and 200-day Simple Moving Averages (SMAs) as the bulls struggle to maintain the price above the $0.01125 (50-day SMA).
Moreover, the Relative Strength Index (RSI) shows signs of rebound around the current level at 43.
If the buying intensifies at this level, the price of Notcoin could rebound from within the support zone to soar over the upper boundary of the sideways pattern. The bulls are currently targeting prices above the $0.01476 resistance.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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