Lokesh Gupta
22-06-2024
#Notcoin's value has surged by an impressive 175% in the past month, generating significant interest in trading circles.
Recent market activity has displayed lower highs and lower lows over the last week, indicating a bearish trend.
Following five consecutive days of decline, $Notcoin formed a Doji pattern candle yesterday, hinting at a potential reversal in trend.
In the short-term trade, the price appears to hover slightly above the support zone of the descending triangle.
According to Coingabbar analysis, If $NOT maintains its upward momentum, it could breach the resistance level at $0.0155 and aim for $0.02 in the near term.
Conversely, market conditions might stabilize Notcoin's price around the $0.014 support level, potentially dropping to $0.013 during bearish phases.
KEY LEVELS :
RESISTANCE LEVEL : $0.017000-$0.021000
SUPPORT LEVEL : $0.010000-$0.009000
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Lokesh Gupta is a seasoned financial expert with 23 years of experience in Forex, Comex, NSE, MCX, NCDEX, and cryptocurrency markets. Investors have trusted his technical analysis skills so they may negotiate market swings and make wise investment selections. Lokesh merges his deep understanding of the market with his enthusiasm for teaching in his role as Content & Research Lead, producing informative pieces that give investors a leg up. In both conventional and cryptocurrency markets, he is a reliable adviser because of his strategic direction and ability to examine intricate market movements. Dedicated to study, market analysis, and investor education, Lokesh keeps abreast of the always-changing financial scene. His accurate and well-researched observations provide traders and investors with the tools they need to thrive in ever-changing market conditions.
Lokesh Gupta is a seasoned financial expert with 23 years of experience in Forex, Comex, NSE, MCX, NCDEX, and cryptocurrency markets. Investors have trusted his technical analysis skills so they may negotiate market swings and make wise investment selections. Lokesh merges his deep understanding of the market with his enthusiasm for teaching in his role as Content & Research Lead, producing informative pieces that give investors a leg up. In both conventional and cryptocurrency markets, he is a reliable adviser because of his strategic direction and ability to examine intricate market movements. Dedicated to study, market analysis, and investor education, Lokesh keeps abreast of the always-changing financial scene. His accurate and well-researched observations provide traders and investors with the tools they need to thrive in ever-changing market conditions.
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