Notcoin Price Prediction: As NOT Plummets 7%, Investors Flock To This Telegram-Native Trading Bot Token For Potential 10X Gains

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Notcoin price
Notcoin price

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The Notcoin price plummeted 7% in the last 24 hours to trade at $0.00198 as of 10:51 p.m. EST as investors offload their holdings in the altcoin on the market. 

The steep drop in the NOT price was enough to push its weekly performance into the red. However, the crypto is still more than 7% in the green on the longer-term monthly time frame. 

Notcoin Price Consolidates, But For How Much Longer?

NOT Chart Image

Daily chart for NOT/USD (Source: GeckoTerminal)

The Notcoin price has been in a consolidation pattern between $0.001949 and $0.002286 over the last week, data from GeckoTerminal shows. This period of sideways trading may be the build up to a strong move.

In the last 3 days, the crypto has been in a negative sequence. As a result, it is now approaching the support level at $0.001949. Breaking below this level could lead to a plunge to as low as $0.001556 in the short term if the bearish pressure persists. 

However, a bounce off of the $0.001949 mark might result in a continuation of the sideways trading. In this alternative case, the Notcoin price will likely near the upper boundary of the consolidation zone at $0.002286. Thereafter, continued pressure from buyers could boost NOT to as high as $0.002721. 

Technical Warning Signs Point To A Continued Drop For The Notcoin Price

From a technical point of view, indicators on the daily chart, such as the Moving Average Convergence Divergence (MACD) and the Relative Strength Index (RSI), warn the Notcoin price might drop some more in the next 24 hours.

Recently, the MACD line has started to once again break away below the MACD Signal line, which is usually seen as an indication of a continued price drop. Over the last week, the MACD line has followed the same oscillations as the Notcoin price during its consolidation. 

Meanwhile, RSI readings have fallen over the last couple of days as well. Traders usually see this as an indication of weakening buyer strength. What’s more, the indicator recently dipped below the neutral 50 mark, which suggests bears have gained an upper hand.

Whether the technical warning signs presented by the MACD and RSI point to a continued consolidation for the Notcoin price or indicate a steep price drop will likely depend on how the crypto reacts around the $0.001949 support. Traders have used this level as a crutch over the last week, so a drop below this point could spook the market. 

As the Notcoin price edges closer to a key support, investors are buying into the presale for Snorter Token (SNORT). According to 99Bitcoins, a popular crypto YouTube channel with over 723K subscribers, SNORT could potentially soar 10X on launch.

Snorter Token Bot Gives Every Trader An Edge

The crypto trading scene has been dominated by whales and bots over the years, who often catch investors off guard and make moves when they least expect it. This dominance over the market is about to come to an end, because Snorter Token will give retail traders access to a cutting-edge bot.

With the Snorter bot, users are able to snipe new tokens as they emerge, copy other top traders, perform sub-second swaps and keep an eye on their crypto portfolios, all from the popular Telegram messaging app. 

In addition to that, the Snorter bot also comes with advanced rugpull and honeypot scam detection. This means that users can engage in the risky activity of trading new meme coins without having to first determine if a project is a sham or not. 

These smaller, more illiquid tokens are where big gains have been made in the past, and with Snorter bot’s 85% success rate in flagging suspicious projects, users can rest assured that they are protected. 

All of that trading power and protection comes with some of the lowest fees in the market as well. By simply holding SNORT tokens, users slash their fees from 1.5% to 0.85%. 

SNORT Presale Closes On $3 Million

Investors are already buying into what Snorter Token has to offer. So far, more than $2.7 million in early-stage funding has been pumped into the project’s ongoing ICO.

To participate in the presale, investors can purchase SNORT via the simple buy widget embedded on the project’s website. Selling for $0.1003 apiece, SNORT can be bought with either crypto or bank card. 

To secure the best presale deal, investors will want to act fast. SNORT’s price will rise as the presale advances through its stages. The next ICO price hike is in around 6 hours.

Visit the official Snorter Token website to learn more. 

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