On May 16, 2024, Notcoin (NOT) token made its official debut, reaching a peak of $0.009900.
By May 23, 2024, the NOT price entered a pullback phase, dropping to approximately $0.004500, a decrease of about 54%.
Following the pullback phase, the NOT price showed a massive jump, breaking the previous all-time high of $0.009900.
Currently, the altcoin is showing a 150% surge, surpassing the $0.010 psychological milestone.
The price has been consolidating after six days of a bullish streak, indicating a potential formation of a new high.
According to Coingabbar analysis, With the next resistance at the 1.618 Fibonacci level ($0.013100), sideline traders anticipate a jump to the 2.618 Fibonacci level ($0.018300).
Conversely, a dip below the $0.011000 level could plunge the price to $0.0101000 and potentially decline to around $0.008700.
KEY LEVELS :
RESISTANCE LEVEL : $0.013100-$0.018300
SUPPORT LEVEL : $0.010000-$0.0087000
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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.