Notcoin Price Prediction: NOT Plunges 4% As Investors Pivot To This Telegram Trading Bot Presale With 100X Potential

The Notcoin price plunged 4% in the last 24 hours to trade at $0.001705 as of 11:15 p.m. EST as investors dump their holdings in the altcoin on the market.

The recent drop in the NOT price is a continuation of the crypto’s longer-term negative trend. With the latest decrease, the altcoin is now in the red by more than 6% and 24% on the weekly and monthly time frames, respectively. 

Notcoin Price Nears Support As It Trades In A Bearish Channel

Daily chart for NOT/USD (Source: GeckoTerminal)

The Notcoin price has traded within a negative channel over the past couple of weeks, according to data from GeckoTerminal. Now, NOT is nearing a key support level at $0.001576. How the Notcoin price reacts at this point will likely determine if the crypto continues to trade in the negative range or is finally able to escape the bearish channel and start to climb.

If the Notcoin price breaks below $0.001576 in the short term, it might continue to fall in the following couple of days. However, buyers stepping in within the next 48 hours might result in a more bullish scenario playing out.

If the Notcoin price begins to climb, it will likely try to breach the upper boundary of the aforementioned bearish channel, which is currently confluent with the $0.001968 resistance level. As such, overcoming this barrier could mark the end of NOT’s negative medium-term trend. This could lead to a climb to as high as $0.002332 if the bullish pressure persists.

Technicals Warn The Notcoin Price Might Drop Again In The Next 24 Hours

Looking at technical indicators on the daily chart, it appears bulls are absent. Both the Moving Average Convergence Divergence (MACD) and the Relative Strength Index (RSI) warn the Notcoin price might be pushed down further in the next 24-48 hours.

That’s as the MACD line tries to cross below the MACD Signal line. If this happens, traders might see it as a confirmation that the Notcoin price has entered a new negative short-term cycle. 

Sellers currently have the upper hand over buyers in terms of strength, as suggested by the RSI reading in the high 30s. What’s more, the indicator’s current value warns there is still room for the Notcoin price to drop before it enters oversold territory, which is usually signaled by an RSI reading below 30.

While technicals point to a continuation of NOT’s negative trend, investors are buying into the presale for Snorter Token (SNORT). According to YouTuber and analyst Jacob Crypto Bury, who has over 56.9K subscribers, SNORT has the potential to soar 100X on launch.

Snorter Bot Helps Traders Find The Next 100X Gems In The Crypto Space

Snorter Token introduces a new powerful trading bot that is designed to find crypto gems in the market that have not yet exploded. With the bot, traders can snipe new tokens as soon as they launch, perform sub-second swaps, copy other top traders and monitor their portfolios in real-time, all from the popular messaging app, Telegram.

While trading new tokens can be risky, Snorter Bot users can trade with peace of mind. This is because the trading bot comes with advanced rug pull and honeypot scam detection, which has an 85% success rate in protecting users from these threats. 

All of the functionality offered by Snorter Bot also comes with competitively low fees. Users that hold SNORT slash their execution costs from 1.5% to 0.85%. This undercuts the project’s competitors such as BonkBot and Trojan. 

Snorter Bot will initially be launched on the Solana blockchain, but the team plans on expanding the bot’s functionality to Ethereum Virtual Machine (EVM) chains in the future as well. This means users will be able to spot and take advantage of opportunities across several chains, which could lead to greater profits.

Investors Bet Big On SNORT’s Future

There is already strong demand for what Snorter Token and its bot have to offer, as evident by the more than $1.47 million that investors have pumped into the project’s ongoing presale so far. 

Interested investors still have time to buy in at this early stage, and can acquire the token via the simple buy widget embedded on the project’s website. Selling for $0.0969, SNORT can be purchased using either crypto or bank card. 

In order to secure the best presale deal, investors will want to hurry, because SNORT’s price will undergo a series of staged increases as its ICO progresses. The next price hike will come into effect in around 31 hours. 

Visit the official Snorter Token website to learn more.

Related Articles:

• REX Shares To Launch First US Solana Staking ETF Tomorrow
• Sparkassen-Finanzgruppe To Offer Crypto Trading To 50M Customers
• The Azuki NFT Team Launches An Anime Studio – Here’s More Details

Best Wallet - Diversify Your Crypto Portfolio

Our Rating

• Easy to Use, Feature-Driven Crypto Wallet
• Get Early Access to Upcoming Token ICOs
• Multi-Chain, Multi-Wallet, Non-Custodial
• Now On App Store, Google Play
• Stake To Earn Native Token $BEST
• 250,000+ Monthly Active Users

Download Now