Altcoin
Is $0.1 imminent with Bybit leadership and market rally?
Notcoin Price Predictions: NOT, an altcoin from the Telegram game, has seen a notable increase in value over the past 24 hours. This increase pushed the altcoin above the $0.012 mark, indicating an upward trend.
Currently, Not the price in coin is equal to $0.0127, up 7.19% in the last 24 hours. The market capitalization is $1.3 billion and the 24-hour trading volume is $578.11 million. Despite a decrease in trading volume of 41.48%, the circulating supply remains at 102.72 billion Notcoins, reaching 100% of its total supply.
Notcoin Price Prediction: Potential for Further Gains
Over the past week, Not money recorded an impressive increase of over 156%, reflecting a significant increase in investor interest and market activity. NOT traded in a range of $0.0049 to $0.014.
Notcoin Price Prediction
This increase follows a historical increase of approximately 19%, positioning Notcoin as one of the fastest appreciating assets in the cryptocurrency market.
Bybit Leadership Changes and Compensation Plan
Not the coin toss prompted Bybit, a major cryptocurrency exchange, to implement significant leadership changes and a compensation plan. Following the problems with Notcoin, several executives have resigned and Bybit is now looking for new technical and spot managers to stabilize operations.
To compensate affected users, Bybit announced a 30 MNT airdrop, a $50 trading bonus, and a three-month +1 VIP status upgrade. Existing VIP users can receive up to $500 based on their membership level. Bybit aims to restore user trust and market stability through these measures.
Technical indicators suggest bullish momentum for Notcoin
Cryptocurrency NOT price is experiencing a significant uptrend, suggesting that it may soon enter a bullish phase. If this momentum continues, it will likely break the $0.013 resistance level.
A substantial increase could elevate its value to around $0.019, with expectations of reaching $0.02 in the near future. More bullish pressure could even push the price to $0.1 in the next bull run.
However, a change in market sentiment could cause Notcoin to settle at the $0.012 support level. If a downtrend occurs, the price could drop to $0.011, indicating a bear market. Further bearish pressure could see the price fall to the $0.01 support level.
The 4-hour indicators for Notcoin are showing a significant uptrend. The Awesome Oscillator (AO) is showing a positive value of 0.002201, indicating bullish momentum in the market. The Moving Average Convergence Divergence (MACD) chart highlights a bullish crossover. The MACD line is above the signal line, strengthening the uptrend.
Notcoin Price Prediction | Source: Tradingview
The Chaikin Money Flow (CMF) indicator, currently at 0.12, suggests positive capital inflow into Notcoin, indicating that buyers are in control. Furthermore, the Relative Strength Index (RSI) stands at 73, indicating that Notcoin is in overbought territory.
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