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The Notcoin price dropped 3% in the last 24 hours to trade at $0.001947 as of 3:00 a.m. EST on trading volume that dropped 37% to $13.14.
The NOT price is down a few percent on a weekly chart following a considerable price dip on June 17. However, it is the result of Bitcoin’s price movement, as the two projects’ weekly charts look very similar.
That suggests that Bitcoin’s dominance is still influencing the price behavior of many other cryptocurrencies, and it could be a positive thing for NOT, as BTC has started surging again, which could mean that Notcoin might follow its lead and see a recovery of its own in the coming hours.
Notcoin Price Prediction
During the past seven days, Notcoin spent the first half of this period trying to breach a resistance level at $0.00210, finally succeeding at it on June 16. However, it only climbed up to $0.00220 before its price was rejected, and the token dived back down to the support at $0.0019, which it reached on June 18.
Since then, it saw a slight recovery to the $0.0020 level, which rejected it again. Now, however, the Bitcoin-led price surge is impacting NOT again, and the token could return to $0.0020 in the coming hours, and potentially even go beyond this level. Its Bollinger Bands are still rather wide, but a price surge could keep pushing them further apart, sending out a bullish signal that might attract more buyers.
NOT/USDT chart analysis (Source: TradingView)
The project’s Relative Strength Index (RSI) value spent the last two days fluctuating between the oversold zone and the value of 60 in the neutral area. Over the last 15 hours, it seemingly stabilized around the neutral value of 50, seeing fluctuations from 45 to 55, only to then drop to the oversold zone again.
However, as mentioned, Bitcoin started leading another rally which caused buyers to double down on NOT as well, pumping its RSI to the overbought zone for the first time in days, and the price is already starting to recover, which might continue in the hours to come.
Promising Alternative To Notcoin
While NOT could grow a bit more during this rally, Snorter Token (SNORT) is a preferred alternative by many investors who believe it has a greater growth potential.
Snorter Token is a new meme coin currently in presale, but its true value lies in the fact that Snorter is also a Solana-based meme crypto trading bot. Designed to resemble an aardvark, Snorter Token combines meme coin fun with real crypto trading prowess, allowing it to sniff out the best crypto trading opportunities on the market.
The bot will be powered by Telegram and its native cryptocurrency after it concludes its presale and goes live, potentially bringing real earning opportunities for its users. As a trading bot, it can analyze the market and decide on the best move within seconds, much faster than a human trader ever could, jumping on new opportunities as soon as they emerge, instead of waiting for too long until price growth becomes obvious to everyone.
At that point, it is usually too late to make a move, and while a human trader might miss out on the chance to earn, the Snorter Bot would have acted a long time ago.
Experts like Jacob Crypto Bury, a crypto YouTuber with over 56.8k subscribers, believe that the new Solana meme coin could be the next 100x crypto, making it the best opportunity for investors right now.
Its ICO has already raised over $1.11 million, so if you wish to join others who bought SNORT at a low price of $0.0959, join the presale now before the next scheduled price hike in around 3 days. Tokens can also be staked for an attractive 277% APY.
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