Notcoin Price ‘Bottom Is In’: NOT Analysts Point to Entry Point for Potential Rally to New All-Time High
Crypto-ROD is seeing the possibility of a new bullish cycle for Notcoin. Based on the analyst’s chart, the price, which has been dipping, is expected to bounce from around the 0.618 (0.12380) Fibonacci level.
This level is also around strong price support at approximately $0.012 and $0.011.
The analyst, with more than 46,000 followers, sees this point as a major turning point for NOT, with his chart suggesting a rally to new all-time highs.
TraderSteve shares a similar view, saying that the Bottom is in. This analyst points out a green box that the price is already approaching.
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Show more +This green box is identified as strong support and is also around the same level (between $0.01 and $0.011) that Crypto-ROD is watching for a major bounce.
The analyst’s chart also suggests a bounce to new all-time highs if the support holds. His thought is that the bottom is in, and the price is already gearing for a major pump.
The Relative Strength Index is at 47 (a neutral value). The value points to the possibility of the price having room to run bullish and bearish. The current Notcoin context points to the possibility of a major price rise if the support holds.
NOT price, however, is still below the 50-day Simple Moving Average. This is one of the hurdles it has to face for a potential rise.
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