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The Notcoin price is down by 7% in the last 24 hours to trade for $0.01593 as of 0:30 a.m. EST on trading volume that dumped 27%.
Despite the broader market bearishness, the dump comes amid FUD (fear uncertainty and doubt) after NOT token investors were unable to withdraw their staked tokens.
Among them, one user who tried to withdraw staked tokens said the transaction was reversed. The user also alleges that the withdraw button is not working.
Boss don’t be offended I withdrew my notcoin since pass 9 days now dey reversed it ….. and withdrawal button is not working again …. I need help so u can reach out to them pic.twitter.com/6tJSBT246Y
— Swiz boy mon protocol (@Swizboy6) July 11, 2024
Others have had to wait as long as two weeks without response. This negative publicity appears to be weighing heavily on the Notcoin price.
@Notcoin_bot What is wrong?! I requested a withdrawal about two weeks ago and now after two weeks it has been returned and locked anythings and nothing can be done?! pic.twitter.com/JiXuhSkphB
— MDR (@MDR526) July 11, 2024
Notcoin Price Prediction
The Notcoin price is trading with a bullish bias on the lower timeframe, but higher timeframes suggest a struggle. The altcoin is stuck within the Fibonacci Golden Zone. This zone typically refers to the 38.2% to 61.8% retracement levels of a previous price movement.
When the price remains within the Golden Zone, it suggests that there is indecision in the market or a balanced equilibrium between buyers and sellers. Taders may interpret this consolidation within the Fibonacci Golden Zone as a period of price stabilization or a potential continuation pattern before the next significant move. It could also indicate that the market is taking a breather or waiting for new catalysts to drive the price action in either direction.
As the Notcoin price winds around the 50% Fibonacci placeholder of $0.01602, traders looking to take long positions should wait for a break and close above the 61.8% Fibonacci retracement level of $0.01332.
GeckoTerminal: NOT/USD 4-hour chart
In the same way, those looking to take short positions should wait for a candlestick close below the 38.2% Fibonacci level of $0.01872. In a dire case where the downtrend extends, a candlestick close below the 23.6% Fibonacci retracement level of $0.00997 would signify a change in market structure, effectively confirming the continuation of the downtrend.
Meanwhile, some investors are pivoting to PlayDoge (PLAY), a new P2E Dogecoin derivative that crypto YouTuber Jacob Bury says could be the next 10X crypto. Investors have already pumped more than $5.5 million into the project.
Promising Alternative To Notcoin
PLAY is the powering token for the PlayDoge ecosystem and it’s offering a mobile-based P2E game that transforms the iconic Doge meme into a Tamagotchi-style virtual pet.
PlayDoge brings the legendary Tamagotchi virtual pet concept into the new digital economy of crypto. Token holders play through classic 8-bit side-scrolling adventures while embracing 90s nostalgia to earn crypto. You enjoy monetary incentive based on how well you can care for your pet.
The project runs on the BNB chain, delivering benefits such as lower fees and faster transactions. The BNB chain is well known for ecosystem support, interoperability, scalability, and community adoption.
PLAY tokens are available for $0.00517 each. With a price hike coming in a little more than three hours, buy now if you are interested to secure the best deal.
Also Read:
- How to Buy PlayDoge – $PLAY Presale Review
- PlayDoge Price Prediction – PLAY Price Potential in 2024
- Meme Coins Flash Crash As Pepe, Dogwifhat, And Shiba Inu Plunge Amid 8% Sector Slump
- Best Altcoins to Invest In: Unveiling Top Picks for Maximum Returns!
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