According to crypto analyst Ifiok-2sydes on TradingView, Notcoin (NOT) formed a rounded bottom pattern, indicating a potential bullish reversal. Following the analysis NOT’s price has already broken out of a cup and handle pattern and continues to spike upwards, smashing through the first two resistance levels at $0.0077 and $0.009. Ifiok-2sydes believes NOT could reach $0.01 before facing significant resistance.
X user Zameer Attar (@CryptoZameer) echoes the bullish sentiment, highlighting Notcoin’s impressive performance alongside memecoins. Listed on Binance on May 16, NOT has entered the MarketCoinpedia Top 100 with a market cap exceeding $927 million. Attar notes that NOT’s current price of $0.009 represents a weekly surge of 68.5%. Key levels to watch include resistance at $0.010 and support at $0.0048 and $0.0051.
Read Also: Ethereum (ETH) Meme Coins Poised for Parabolic Growth: Top 10 Picks from Crypto Analyst
Bitcoin’s SATS (1000SATS) Experiences Volume Spike
Another cryptocurrency, Bitcoin’s SATS (1000SATS), is also making waves, according to reports from Coin Sonar V2 (@CoinSonarBot). The account tweets that 1000SATS has experienced a volume spike nine times the average volume, with 4.27 million USDT traded in just 15 minutes. The buying volume stands at 2.65 million USDT, and the boost score is 3/10. In the last 24 hours, 1000SATS has seen a trading volume of 42.23 million USDT on Binance, with its price currently at $0.0003360, up 10.6% in the same period.
Decilizer (@decilizer) reports that 1000SATS is surging ahead after finding support at $0.00025. With a substantial increase in trading volume, 1000SATS is now aiming for its first target of $0.0067. Decilizer anticipates that Bitcoin (BTC) will follow the trend, as the account has previously tracked 70% gains on 1000SATS.
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