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The Notcoin price plummeted more than 9% over the past week following a 5% slump in the past 24 hours to trade at $0.01257 as of 11:45 p.m. EST on trading volume that spiked 39%.
During the last trading session, the NOT price plunged from an intraday high of $0.01334 to a 24-hour low of $0.0114.
The Notcoin Price Rebounds Off Of Support
4-hour chart for NOT/USD (Source: GeckoTerminal)
The Notcoin price rebounded from the key support level at $0.01142 in the last 24 hours, and is now rising towards the $0.01355 barrier. If the crypto is able to overcome this threshold within the next 24 hours, NOT could have the foundation needed to rise to as high as $0.01598 in the short term.
On the other hand, the Notcoin price dropping below $0.01142 within the next 24 hours might invalidate the bullish thesis. In this alternative scenario, the altcoin could be at risk of falling to the next key level at $0.00996.
The Notcoin Price Still At The Mercy Of Sellers
Technical indicators on NOT’s 4-hour chart warn the Notcoin price might keep falling in the next 24 hours. Both the Relative Strength Index (RSI) and the Moving Average Convergence Divergence (MACD) indicators are showing bearish signs.
In the last couple of days, RSI readings have remained below the crucial 50 benchmark. Traders usually see this as a sign of bears overpowering bulls. Recently, the RSI tried to break above 50, but sellers were able to prevent this from happening.
Meanwhile, the MACD line is positioned below the MACD Signal line. This suggests the Notcoin price is currently in a short-term negative trend. However, the slope of MACD Histogram has started to turn positive in the last 12 hours, which could indicate an upcoming bullish reversal of NOT’s current trend.
With the Notcoin price at risk of falling further, investors might want to consider the play-to-earn presale meme coin PlayDoge (PLAY), which renowned YouTuber ClayBro told his 130,000 subscribers might 100x after launch.
Bringing A 90s Gaming Classic To The Burgeoning Meme Coin Space
PlayDoge (PLAY) is a dog-themed token whose branding is inspired by Dogecoin, the largest meme coin by market cap. To establish itself in the flourishing meme coin space, PlayDoge aims to revive the classic Tamagotchi game. These virtual pets were a massive hit back in the day, with millions of units sold worldwide in the 90s.
The hype around the game eventually fizzled out given the limited gameplay, which led to the digital pets inevitably dying. Players were subsequently left with no choice but to reboot their systems and start all over again.
To keep players engaged for longer, PlayDoge’s version of the viral game will include a tokenization element. By simply taking care of their virtual companions, players stand to earn crypto rewards that are paid out in the project’s native PLAY token.
Investors Rush To Get In On PLAY Early
PlayDoge’s presale is on the cusp of achieving the $6 million milestone as investors bet big on the project’s future. Apart from its 100X potential, this investor frenzy could have something to do with the 80% APY being offered to buyers at this early stage.
To get in on these opportunities, investors will need to acquire PLAY using the simple buy widget embedded on the project’s website. Selling for $0.00525, the meme coin can be bought using either ETH, BNB, USDT or bank card.
Once purchased, the tokens then need to be locked up via the staking page on the website for investors to gain eligibility for the 80% annual staking return.
Anyone looking to take advantage of this opportunity should act fast because the token’s price will increase in about 2 days.
Purchase PLAY here before its price increases.
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