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The Notcoin price plunged 17% in the last 24 hours to trade at $0.01617 as of 03:56 p.m. EST on trading volume that dropped 11% to $809 million.
Notcoin Price Aim For A Bullish Trend Reversal Over The Falling Wedge Pattern
Following its peak at an all-time high of $0.02836, the Notcoin price has since traced a downward trajectory within a falling wedge pattern. Bulls have regressed to find support around the $0.0156 mark, as reported by data from GeckoTerminal.
The bearish stance is supported by NOT trading below the 50-day Simple Moving Average (SMA). Moreover, the Relative Strength Index (RSI) also shows that the asset is highly oversold, with the indicator trending downward towards the oversold levels, currently at 33.
The Notcoin price analysis indicates that sellers have an upper hand, driving the price through a strong bearish trend through a falling wedge pattern. If the bears sustain the pressure, NOT could retrace further to the support zone around $0.013.
However, if the bulls use the $0.0156 support, they could drive the token towards a bullish trend reversal, currently targeting $0.027.
Meanwhile, meme coin lovers are piling into a red-hot DOGE derivative presale called PlayDoge. Jacob Bury, a renowned crypto analyst on YouTube, says that $PLAY could potentially surge 100X after its launch.
PlayDoge Meme Coin Over $3.7 Million – Best Meme Coin To Buy Now?
PlayDoge (PLAY) has amassed over $3.7 million in what has been an explosive ICO. PLAY is not just another meme coin. It gives Tamagotchi a crypto makeover, with the $PLAY token serving as the in-game currency.
PlayDoge is a mobile-based play-to-earn (P2E) game that allows users to care for an 8-bit pixel Doge in the retro-style mobile game. Players get to feed, play mini-games, and bond with their virtual pet, earning $PLAY tokens in the process.
Introducing #PlayDoge – the only #P2E Doge companion! 🐶
Inspired by the legacy of #Tamagotchi, feed, train and play with your 2D Doge to earn $PLAY. 💰
Don't neglect your doge, his life's on the line 😲💀
Join the #Presale Now ⬇️https://t.co/JT0VEofqf2 pic.twitter.com/RoJYXLS1FH
— PlayDoge (@PlayDogeGame) June 3, 2024
Apart from earning through P2E, token holders can also earn passively by staking $PLAY for an impressive 296% annual percentage yield (APY).
PlayDoge operates on the BNB Chain, a blockchain created by the world’s largest crypto exchange, Binance. That means it’s on the radar of the Binance listings team and much more likely to snare a coveted Binance listing after launch.
You can buy $PLAY tokens for $0.00506 each. With a price hike coming in less than a day, don’t wait around too long if you want to lock in the best deal.
To join the presale, buy $PLAY from the official website here using BNB, USDT, or a bank card.
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