After a retracement from its previous, Notcoin (NOT) has been exhibiting strong bullish momentum that has drawn the interest of both traders and investors. This ongoing upward trend indicates a robust level of market confidence and increasing optimism over its prospects.
Market analysts are keeping a careful eye on important indicators and trends as the cryptocurrency rises in order to predict how long this bullish period may remain and what possible heights it may reach. Using a few technical indicators, we will examine Notcoin’s price possibilities in this article focusing on the 1-hour and the 4-hour timeframe.Notcoin’s price was up by 20% as of the time of writing, trading at approximately $0.025, with a market capitalization of over $2.3 billion and a 24-hour trading volume of over $4.4 billion. In the past day, there has been a 16.33% increase in market capitalization and a 106.31% increase in trading volume.
Indicators And A Technical Perspective On Notcoin Price
Notcoin is currently trading above the 100-day Simple Moving Average (SMA) and remains actively positive in the 1-hour time frame. This suggests that the price is still bullish and that there is still room for price growth.
Additionally, the 4-hour MACD displays a bullish signal as the MACD line and the MACD signal line are still highly active above the zero line, and the MACD histograms attempt to rise higher above the zero line. This development suggests that Notcoin is poised for more growth.
