Notcoin (NOT) Ignites Crypto Market, Analyst Predicts 25% Rally
15 Julio 2024 - 5:15AM
NEWSBTC
With its price going up and down like the rest of the altcoin
market, Telegram’s Notcoin (NOT) has somehow attracted a
considerable number of investors. Related Reading: Analysts
Unanimous: Solana (SOL) To Soar 100% – Details During the last
cycle, the coin dropped an uncomfortably steep 20% before making a
small 1.2% comeback. Trading moved up by 11%, reaching an
impressive $238 million despite recent declines in the market.
NOT/USDT has caught the radar of ZAYK Charts, which has observed a
so-called pennant shape developing that could indicate a price
spike is underway. Based on figures gathered by the analyst, a
breach of this pattern could set in motion a 25% rally. At $0.0153,
the token faces crucial support points. Whether the price falls or
stays the same, $0.01478 or $0.01437 could help. $NOT Bullish
Pennant Formation in 2H Timeframe✅ Incase of Breakout,Expecting
Bullish Wave📈#NOT #NOTUSDT #Crypto pic.twitter.com/dKvDVJuYOR —
ZAYK Charts (@ZAYKCharts) July 14, 2024 Based on what ZAYK stated
in his observation, the pattern shown on the Notcoin chart is a
classic example of a technical pattern which usually indicates that
a large price movement is expected soon. It is likely that the coin
will mark the end of the consolidation period and the beginning of
a new uptrend if it is able to successfully break above the falling
trendline. This would be a positive development with regard to the
coin’s price. This would provide investors with an attractive
chance to enter the market. Notcoin Ecosystem Expansion Apart from
the encouraging technological perspective, Notcoin has been
advancing the expansion of its ecosystem. In partnership with the
1inch organization, and Sign, an attestation system, the project
just kicked off “The Triangle,” an accelerator program. Laying down
the groundwork for progress inside the TON ecosystem is one of
the project’s goals. Giving developers and company owners technical
direction, instructional tools, and community events allows them to
produce this. This behaviour has show Notcoin’s focus and
capacity to weather the storm. Notcoin Price Forecast The Notcoin
price prediction projects that by August 14, 2024 the altcoin will
skyrocket by 235% and settle at $0.052105. According to
projections, the present mood is positive; the Fear & Greed
Index comes out as neutral at 52. Related Reading: Ethereum Seen
Hitting $5,000 as German Bitcoin Sell-off Shakes Market Notcoin has
had a 13.77% price volatility over the past 30 days and recorded 12
out of 30 (or 40%) green days. These measures point to a vibrant
and favourable market for the performance of the token. The
combination of technical considerations, ecosystem expansion
activities, and the optimistic price prognosis implies that Notcoin
might be positioned for a strong rise in the next months, ZAYK
stated. Featured image from Pexels, chart from TradingView
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