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The Notcoin price soared 19% in the last 24 hours to trade at $0.01117 as of 00:37 a.m. EST on trading volume that dropped 19% to $977 million.
The NOT price has soared 127% in the last week after a substantial increase in user engagement and investment interest, spurred by a recent airdrop.
The GameFi project attracts over 35 million users through its engaging gameplay and viral growth.
Notcoin Price To Sustain Its Surge Over The Rising Channel
The Notcoin price dropped slightly to the $0.006 support level after launch, then went through a consolidation phase at this range to May 27, according to data from GeckoTerminal.
However, the golden cross forming around $0.0052 enabled the bulls to push the price through a markup phase, registering new all-time highs (ATHs) within the rising channel. The bulls are aiming to use the channel and the major indicators to sustain the upward movement of the price.
NOT trades above both the 50-day and 200-day Simple Moving Averages (SMAs), a confirmation of the general bullish potential to the upside. The two SMAs also offer robust support levels around $0.00923 and $0.00634, respectively.
Moreover, the reading on the Relative Strength Index (RSI) indicates intense buying action, as the RSI trades up within the 70-overbought region, currently at 70, which shows continued investor optimism.
The Moving Average Convergence Divergence (MACD) also supports bullish sentiments, with the MACD line (blue) crossing over the signal line (orange), which opens up more buying positions for the bulls. The green bars on the histogram also show that NOT is currently in positive momentum.
Notcoin Price Prediction – Can NOT Soar To A New ATH?
NOT’s bullish rally is very strong, as investors harness the bullish sentiment by buying more, as seen by the RSI soaring above the 70-overbought region. With NOT trading within the rising channel, the bulls aim to surpass the ATH at $0.01119 and push NOT to a new ATH, currently targeting $0.014.
Major indicators, including the RSI and MACD, offer bullish prospects for optimistic investors.
However, the technical indicators, mainly the RSI and MACD, show that the asset is overbought, which may prompt an incoming price correction. In such a case, NOT may slightly drop to the immediate support level at $0.00923, which coincides with the 50-day SMA.
Meanwhile, as the Notcoin price aims to soar to a new ATH, GameFi enthusiasts are buying into the Mega Dice presale, a project that is set to be the first GambleFi project on the Solana blockchain.
99Bitcoins, a popular crypto channel on Youtube with over 700,000 subscribers, says that $DICE could potentially soar 100X after its launch.
An Attractive GameFi Alternative – Next 100X Crypto?
The Mega Dice (DICE) presale has already amassed more than $1.2 million in funding. DICE is the native token for Mega Dice Casino, a crypto casino and gaming platform that has over 11,000 monthly users who lock in more than $50 million in bets.
$DICE presale has raised $1.2 Million 🚀
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— Mega Dice Casino (@megadice) May 27, 2024
Users on the platform also enjoy over 4,000 casino games and access to over 50 sports and eSports betting options.
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— Mega Dice Casino (@megadice) May 8, 2024
The project also plans a $2.25 million airdrop giveaway spread over three seasons, with Season 2 already underway.
To get in on the action, all you have to do is wager $5,000 or more between May 15 and June 28 to have an opportunity to grab a portion of the $750,000 giveaway, with a maximum airdrop of $37,500 per player.
The $DICE Season 2 Airdrop is LIVE – Earn Your Share of a $750,000 AIRDROP! 🚨💰
Want a piece of the action? Just wager $5000 or more between May 15 and 28 June, 2024, and you could claim your share of the $750,000 airdrop! 😍 With a maximum airdrop of $37,500 per player, the… pic.twitter.com/4m5I4E7aLT
— Mega Dice Casino (@megadice) May 20, 2024
If you buy and hold $DICE, you also stand to share in the casino’s profits on a daily basis through its unique staking system.
To join the presale, you can buy $DICE on the official website here for $0.075 per token using BNB, ETH, or SOL. You can also earn 10% on any purchases made by investors you refer.
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