Notcoin (NOT) Price Prediction for July 10
07/10/2024 22:53Has bounce back of Notcoin (NOT) finished yet?
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The market bounce off is coming to an end, according to CoinStats.
NOT/USD
The price of Notcoin (NOT) has declined by 2.48% over the past 24 hours.
On the hourly chart, the rate of NOT might have found a local support level of $0.0155. If the daily bar closes far from it, the local rise may continue to the $0.01620 zone tomorrow.
A less positive picture can be seen on the bigger time frame. Bulls have failed to continue yesterday's rise.
If today's candle closes below $0.01540, bears may again seize the initiative, which can lead to a test of the $0.014 range soon.
From the midterm point of view, one should pay attention to the weekly candle's closure. If it happens near the $0.01663 level and with no long wick, the accumulated energy might be enough for a resistance breakout, followed by a move to the $0.02 area.
NOT is trading at $0.01561 at press time.
About the author
Denys Serhiichuk
With more than 5 years of trading, Denys has a deep knowledge of both technical and fundamental market analysis. Mainly, he has started his blog on TradingView where publishes all relevant information and makes predictions about top coins.
Thus, his experience is backed up by working in top blockchain related companies such as W12, Platinum Listing, ATB Coin, and others, can be contacted at [email protected].
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