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Analysis of NOT Coin Price Movement

Jun 3, 2024
  • The NOT coin price has experienced a bullish surge of 17% in the last 24 hours.
  • Notably, Notcoin has demonstrated an impressive 2000% increase in just 20 days, with a significant 320% rise recorded in the previous week.
  • The Daily chart reflects a series of upward-trending candles, indicating a substantial increase in the NOT coin price throughout the week.
  • Based on trend-based Fibonacci levels, the meme coin has reached an unprecedented level of 3.618, trading at $0.030.
  • However, recent resistance at higher prices due to signs of bullish exhaustion suggests a potential correction phase.
  • Currently, the NOT price stands at $0.0230, showing a 23% decline in the recent hours and staying close to the 2.618 Fibonacci level.
  • Coingabbar analysis suggests that if bulls regain strength, the Notcoin cryptocurrency may aim to retest its upper resistance level at $0.03000.
  • Conversely, continued dominance of bears could push the NOT price below the 2.618 Fibonacci level, potentially leading to a decline towards the 1.618 level at $0.015.

KEY LEVELS:

RESISTANCE LEVEL: $0.0300000-$0.0400000

SUPPORT LEVEL: $0.0160000-$0.0100000

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