Notcoin Price Prediction: Has the Dump of Notcoin (NOT) Ended?

With the huge surge in Notcoin (NOT) recently, the latest drawback has been very intriguing. Will it be the launch of a new surge with new targets or a fallback to new lows?

Rudy Fares

Rudy Fares

Notcoin Up or Down Next

Despite a recent sharp market downturn, a significant bounce-back for Notcoin (NOT) has yet to occur, according to analysts. As of now, the NOT rate has increased by 2% since yesterday, but has drawn back in the past hours, still slightly positive for the time being, but what comes next?

By TradingView - NOTUSD_2024-06-12 (YTD)

Notcoin (NOT) Price Prediction: NOT Analysis Around The Clock

1- Notcoin (NOT) Hourly Analysis: Testing Resistance Levels

On the hourly chart, Notcoin's price is approaching the resistance level of $0.0166. If it manages to break through this level, there is potential for the price to test the $0.017 zone in the near future.

By TradingView - NOTUSD_2024-06-12 (LIVE)

On the daily time frame, bearish forces still hold more power than bullish ones. The price of Notcoin recently bounced off the support level of $0.01526. However, if the price returns to this level, it might be strong enough to trigger a further drop to the $0.013 range. This scenario remains plausible until the end of the week.

By TradingView - NOTUSD_2024-06-12 (1D)

3- Notcoin (NOT) Weekly Analysis: Focus on Recent Lows

The weekly chart presents fewer levels to watch. It is essential to monitor the low of the last candle. If the current bar closes below this low, the correction could extend to the $0.012-$0.014 zone.

As of the latest update, Notcoin is trading at $0.01615.

By TradingView - NOTUSD_2024-06-12 (5D)
Rudy Fares
Article By

Rudy Fares

Equity Trader, Financial Consultant, Musician and Blockchain Aficionado. I spend my time doing Technical and Fundamental Analyses for Stocks, Currencies, Commodities and Cryptocurrencies.

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