Notcoin Price Prediction: Are Bulls Losing Their Tight Grip?

03-06-2024 By: Lokesh Gupta
Notcoin Price Prediction: Are Bulls Losing Their Tight Grip?

Uptrend's momentum may propel towards the $0.050 milestone

  • The $NOT coin price has displayed bullish price action, witnessing a 17% jump within the past day.

  • Notably, #Notcoin has seen a remarkable 2000% return within just 20 days, with a significant 320% surge recorded last week.

  • The Daily chart reveals a streak of bullish candles, indicating an exponential rise in $NOT price over the week.

  • As per trend-based Fibonacci levels, the meme coin has surged to an unprecedented level of 3.618 at $0.030.

  • However, recent higher price rejection due to bullish exhaustion signals a correction phase.

  • Presently, the NOT price trades at $0.0230, marking a 23% drop in the last few hours and hovering near the 2.618 Fibonacci level.

  • According to Coingabbar analysis, If bulls regain momentum, the Notcoin crypto could prepare to retest its upper resistance level of $0.03000.

  • Conversely, continued bearish dominance may lead the NOT price below the 2.618 Fibonacci level, with a potential downfall towards the 1.618 level at $0.015.

KEY LEVELS :

RESISTANCE LEVEL : $0.0300000-$0.0400000

SUPPORT LEVEL : $0.0160000-$0.0100000

Disclaimer: Coingabbar's guidance and chart analysis on cryptocurrencies, NFTs, or any other decentralized investments is for informational purposes only. None of it is financial advice. Users are strongly advised to conduct their research, exercise judgment, and be aware of the inherent risks associated with any financial instruments. Coingabbar is not liable for any financial losses. Cryptocurrency and NFT markets could be highly volatile; users should consult financial professionals and assess their risk tolerance before investing.

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