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The Notcoin price dropped 2% in the last 24 hours to trade at $0.007716 as of 00:49 a.m. EST on trading volume that surged 11% to $127 million.
Notcoin Price on a Bearish Trend: Is a Rebound Imminent?
The Notcoin Price is currently displaying a bearish trend as the bears seem to have capitalized on the rounding top pattern around the $0.008476 resistance zone, according to data from GeckoTerminal.
NOT price now trades above the 50-day Simple Moving Average (SMA) at 0.007666 but still trades below the 200-day SMA, which now acts as the second resistance zone at $0.009443.
Moreover, the Relative Strength Index (RSI) currently at 46, is below the 50 midline, which suggests that the asset’s selling pressure is building up, as the RSI moves downwards towards the 30-oversold region.
If the bearish stance continues, the price could plunge further to $0.0070, which acts as the next major support level and a cushion against downward pressure.
Conversely, if the bulls stage a bullish trend reversal, the NOT price could rebound as they target the $0.009443 resistance level.
Meanwhile, as Notcoin struggles for a bullish reversal, popular YouTube channel 99Bitcoins, with more than 706k subscribers, says the new Telegram gaming token Memebet Casino ($MEMEBET Token) has the potential to ”lead all” competitors in the exploding Telegram gaming market.
Memebet Casino Raises 150K In Minutes – Next Rollbit Coin?
Memebet Casino is shaking up the online gaming world, raising over $150,000 in minutes after its ICO launched.
The casino, designed for the “degen” community, allows users to wager with popular meme coins like Dogecoin (DOGE), Shiba Inu (SHIB), and Pepe (PEPE), making it the first platform of its kind.
Built on Ethereum, Memebet Casino ensures a secure, transparent, and fair gaming experience. It’s integrated with Telegram, offering a no-KYC setup for seamless play.
Not the casino we deserve but the casino we need 🎰 #MemeBet #Presale & #Airdrop coming soon! 🚀 #Memecoins, #Crypto gaming and more! 🎮🏆 $COIN $DOG $PEPE #SOL #RNDR pic.twitter.com/oR2xja6JFK
— MemeBet (@Memebetcasino) May 23, 2024
At the heart of the ecosystem is the $MEMEBET Token. By purchasing and betting with it, users unlock exclusive benefits like play-to-earn airdrops, degen rewards, and VIP perks.
The platform will also soon introduce a Lootbox feature, offering real-world prizes and bonuses.
The $MEMEBET Token is currently priced at $0.025. With a price hike coming in less than 1 day, interested investors should buy soon to secure the best deal.
Buy MEMEBET Token at the official website here.
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