In this Notcoin (NOT) price prediction 2024, 2025-2030, we will analyze the price patterns of NOT by using accurate trader-friendly technical analysis indicators and predict the future movement of the cryptocurrency.
Notcoin (NOT) Current Market Status
What is Notcoin (NOT)
Notcoin (NOT) is a digital cryptocurrency that aims to redefine the traditional concepts of digital currency through its unique blockchain technology. Designed to be a secure, efficient, and scalable platform, Notcoin focuses on providing fast transactions and low fees. It supports smart contracts and decentralized applications (dApps), making it versatile for various use cases, including finance, supply chain, and beyond. The NOT token is integral to the ecosystem, facilitating transactions and incentivizing network participation. With a commitment to innovation, Notcoin seeks to address the limitations of existing cryptocurrencies and foster widespread adoption.
Notcoin 24H Technicals
(Source: TradingView)
Notcoin (NOT) Price Prediction 2024
Notcoin (NOT) ranks 45th on CoinMarketCap in terms of its market capitalization. The overview of the Notcoin price prediction for 2024 is explained below with a daily time frame.
NOT/USDT Descending Channel Pattern (Source: TradingView)
In the above chart, Notcoin (NOT) laid out the descending channel pattern. Descending channel patterns are short-term bearish in that a stock moves lower within a descending channel, but they often form longer-term uptrends as continuation patterns. The descending channel pattern is often followed by higher prices. but only after an upside penetration of the upper trend line. A descending channel is drawn by connecting the lower highs and lower lows of a security’s price with parallel trendlines to show a downward trend.
Within a descending channel, a trader could make a selling bet when the security price reaches its resistance trendline. An ascending channel is the opposite of a descending channel. Both ascending and descending channels are primary channels followed by technical analysts.
At the time of analysis, the price of Notcoin (NOT) was recorded at $0.01659. If the pattern trend continues, then the price of NOT might reach the resistance levels of $0.019347, and $0.026819. If the trend reverses, then the price of NOT may fall to the support of $0.014969.
Notcoin (NOT) Resistance and Support Levels
The chart given below elucidates the possible resistance and support levels of Notcoin (NOT) in 2024.
NOT/USDT Resistance and Support Levels (Source: TradingView)
From the above chart, we can analyze and identify the following as resistance and support levels of Notcoin (NOT) for 2024.
NOT Resistance & Support Levels
Notcoin (NOT) Price Prediction 2024 — RVOL, MA, and RSI
The technical analysis indicators such as Relative Volume (RVOL), Moving Average (MA), and Relative Strength Index (RSI) of Notcoin (NOT) are shown in the chart below.
NOT/USDT RVOL, MA, RSI (Source: TradingView)
From the readings on the chart above, we can make the following inferences regarding the current Notcoin (NOT) market in 2024.
Notcoin (NOT) Price Prediction 2024 — ADX, RVI
In the below chart, we analyze the strength and volatility of Notcoin (NOT) using the following technical analysis indicators — Average Directional Index (ADX) and Relative Volatility Index (RVI).
NOT/USDT ADX, RVI (Source: TradingView)
From the readings on the chart above, we can make the following inferences regarding the price momentum of Notcoin (NOT).
Comparison of NOT with BTC, ETH
Let us now compare the price movements of Notcoin (NOT) with that of Bitcoin (BTC), and Ethereum (ETH).
BTC Vs ETH Vs NOT Price Comparison (Source: TradingView)
From the above chart, we can interpret that the price action of NOT is similar to that of BTC and ETH. That is, when the price of BTC and ETH increases or decreases, the price of NOT also increases or decreases respectively.
Notcoin (NOT) Price Prediction 2025, 2026 – 2030
With the help of the aforementioned technical analysis indicators and trend patterns, let us predict the price of Notcoin (NOT) between 2025, 2026, 2027, 2028, 2029 and 2030.
Conclusion
If Notcoin (NOT) establishes itself as a good investment in 2024, this year would be favorable to the cryptocurrency. In conclusion, the bullish Notcoin (NOT) price prediction for 2024 is $0.047450. Comparatively, if unfavorable sentiment is triggered, the bearish Notcoin (NOT) price prediction for 2024 is $0.007436.
If the market momentum and investors’ sentiment positively elevate, then Notcoin (NOT) might hit $0.1. Furthermore, with future upgrades and advancements in the Notcoin ecosystem, NOT might surpass its current all-time high (ATH) of $0.02896 and mark its new ATH.
This content was originally published by our partners at The News Crypto.