{"id":559584,"date":"2024-08-02T08:03:24","date_gmt":"2024-08-02T08:03:24","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=559584"},"modified":"2024-08-02T08:03:24","modified_gmt":"2024-08-02T08:03:24","slug":"notcoin-price-prediction-not-plunges-9-in-a-week-as-investors-flock-to-this-p2e-doge-derivative-for-100x-gains","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/notcoin-price-prediction-not-plunges-9-in-a-week-as-investors-flock-to-this-p2e-doge-derivative-for-100x-gains","title":{"rendered":"Notcoin Price Prediction: NOT Plunges 9% In A Week As Investors Flock To This P2E DOGE Derivative For 100X Gains"},"content":{"rendered":"

The Notcoin price <\/span>plummeted<\/span><\/a> more than 9% over the past week following a 5% slump in the past 24 hours to trade at $0.01257 as of 11:45 p.m. EST on trading volume that spiked 39%.<\/span><\/p>\n

During the last trading session, the NOT price plunged from an intraday high of $0.01334 to a 24-hour low of $0.0114. <\/span><\/p>\n

The Notcoin Price Rebounds Off Of Support<\/span><\/h2>\n

\"NOT<\/p>\n

4-hour chart for NOT\/USD (Source: <\/span>GeckoTerminal<\/span><\/a>)<\/span><\/p>\n

The <\/span>Notcoin<\/span><\/a> price rebounded from the key support level at $0.01142 in the last 24 hours, and is now rising towards the $0.01355 barrier. If the crypto is able to overcome this threshold within the next 24 hours, NOT could have the foundation needed to rise to as high as $0.01598 in the short term.<\/span><\/p>\n

On the other hand, the Notcoin price dropping below $0.01142 within the next 24 hours might invalidate the bullish thesis. In this alternative scenario, the altcoin could be at risk of falling to the next key level at $0.00996.<\/span><\/p>\n

The Notcoin Price Still At The Mercy Of Sellers<\/span><\/h2>\n

Technical indicators on NOT’s 4-hour chart warn the Notcoin price might keep falling in the next 24 hours. Both the Relative Strength Index (RSI) and the Moving Average Convergence Divergence (MACD) indicators are showing bearish signs.<\/span><\/p>\n

In the last couple of days, RSI readings have remained below the crucial 50 benchmark. Traders usually see this as a sign of bears overpowering bulls. Recently, the RSI tried to break above 50, but sellers were able to prevent this from happening.<\/span><\/p>\n

Meanwhile, the MACD line is positioned below the MACD Signal line. This suggests the Notcoin price is currently in a short-term negative trend. However, the slope of MACD Histogram has started to turn positive in the last 12 hours, which could indicate an upcoming bullish reversal of NOT’s current trend. <\/span><\/p>\n

With the <\/span>Notcoin<\/span><\/a> price at risk of falling further, investors might want to consider the play-to-earn presale meme coin <\/span>PlayDoge (PLAY)<\/span><\/a>, <\/span>which renowned YouTuber ClayBro told his 130,000 subscribers might 100x after launch.<\/span><\/p>\n