NOT – analysing the most hyped altcoin of the week | 29.05
Listed on the WhiteBIT exchange on May 28 , Notcoin's (NOT) marketcap surged to over $927 million.
One side of the trend expects the coin to hit the $1 mark, and the other is still uncertain about this volatile cryptocurrency. Is it the right time to buy this coin or wait for corrections? Let’s find out.
Since there is not much data to analyze in the chart, the current price action follows an uptrend upward channel pattern. On launch, the NOT price surged to $0.037 and corrected to the current price of $0.009 with a weekly surge of 68.5%.
Looking at the real-time use case of Notcoin, being a rewarding asset to players of Telegram Tap to earn game, NOT will gear up from the short correction and may rally to a high near $0.2.
Going beyond that will need a sheer amount of social attention and a spike in several game players on the Telegram app. In the present scene, investors should watch the lower support zones $0.004800 and $0.005100 and the higher resistance of $0.1 level to decide to enter.
One side of the trend expects the coin to hit the $1 mark, and the other is still uncertain about this volatile cryptocurrency. Is it the right time to buy this coin or wait for corrections? Let’s find out.
Since there is not much data to analyze in the chart, the current price action follows an uptrend upward channel pattern. On launch, the NOT price surged to $0.037 and corrected to the current price of $0.009 with a weekly surge of 68.5%.
Looking at the real-time use case of Notcoin, being a rewarding asset to players of Telegram Tap to earn game, NOT will gear up from the short correction and may rally to a high near $0.2.
Going beyond that will need a sheer amount of social attention and a spike in several game players on the Telegram app. In the present scene, investors should watch the lower support zones $0.004800 and $0.005100 and the higher resistance of $0.1 level to decide to enter.
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