Alternatively, if a price fall were to occur perhaps due to news events or macroeconomic factors, the telegram-based asset will likely find support around $0.0069. Related Reading: Notcoin (NOT) Ignites Crypto Market, Analyst Predicts 25% Rally NOT Price Overview Notcoin emerged as a play-to-earn token on the messaging platform Telegram, allowing people to earn by tapping a virtual coin and participating in game tasks. Following its official launch in May, Notcoin drew much attention, rising by over 380% to hit an all-time price of $0.029.
Related Reading: Crypto Analyst Says Telegram-Based Notcoin Is Ready To Fly, Here’s How High Notcoin To Hit $0.014 If Buying Pressure Persists: Analyst In an X post on Friday, popular crypto analyst Ali Martinez shared a bullish prediction on Notcoin. According to Martinez, the SuperTrend indicator on the NOT’s daily chart has shown a buy signal following the token’s most recent ascent out of a falling wedge.
A buy signal occurs when the price moves above the SuperTrendine suggesting the asset would likely maintain its upward trajectory. According to Martinez, if investors are influenced by the SuperTrend indicator, thus increasing capital influx into Notcoin market, the token could likely surge trade as high as $0.012 – $0.014 representing a potential 41.41% gain on its present market value.
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