The Notcoin (NOT) token is beginning to attract attention after a prolonged period of stagnation. Analysts are highlighting signs of a potential massive rally.
Notcoin Breaks Out of Downtrend
According to crypto analyst Clifton Fx, the Notcoin (NOT) token has broken out of a long-term descending trendline. This trend has been putting pressure on the price of NOT since late 2024, but in recent weeks, the price has started forming higher lows and has finally broken above the resistance line.
Prospects and Growth Potential
Clifton Fx has marked a target zone of around $0.005. If this scenario plays out, it would represent a potential 140% gain from the current NOT price near $0.002. This would be a significant turnaround for a token that has long been overlooked.
Overall Analysis and Possible Trends
Not only short-term movements may be at stake. This breakout could also signal the start of a broader trend shift. If interest in the token returns, it could accelerate the movement toward the $0.005 target, potentially restoring NOT's previous status in the cryptocurrency market.
Thus, Notcoin (NOT) appears poised for significant growth after a long period of stagnation. With a successful breakout of the descending trendline and increasing interest in the token, $0.005 could be a realistic target.
