Notcoin Crypto Price Soars With Huge Margin: Has NOT Season Just Begun?
The post Notcoin Crypto Price Soars With Huge Margin: Has NOT Season Just Begun? appeared first on Coinpedia Fintech News
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.
