Notcoin (NOT) has recently been in an impressive price form rising by 19.71% in the past day to reach a local peak of $0.0085. While the momentum on the Telegram-based cryptocurrency has cooled in the last few hours, popular crypto analyst Ali Martinez anticipates further price gains as shown by a recent bullish prediction. Related Reading: Notcoin Set For More Gains Following 13% Price Rally – Details Notcoin Preparing For Liftoff: Analyst In an X post on November 23, Martinez gave a reassuring bullish prediction on Notcoin following the token’s sideways movement after breaking out of a falling wedge two weeks ago. Traditionally, the falling wedge is a bullish pattern characterized by two downward trend lines converging as the price moves lower. When a descending wedge is observed after a downtrend, it signals a potential reversal to an uptrend but if this chart pattern forms during an uptrend, it indicates merely a pause before the price rise continues. Notcoin gained by over 380% following its launch in May, but soon slipped in a bearish market that stretched over the following five months. On November 9, Martinez stated the altcoin had broken out of a falling wedge pattern setting up a potential 76% price gain. However, Notcoin has remained in a range-bound market over the past two weeks oscillating between $0.0070 – $0.0084. Commenting on this development, Ali Martinez remains confident of his bullish prediction stating that the altcoin is only gathering the necessary momentum and liquidity to launch a price upswing. The analyst’s price target remains $0.12 which will represent the token’s highest price level since August if attained. Related Reading: Crypto Analyst Says Telegram-Based Notcoin Is Ready To Fly, Here’s How High Major Resistance Awaits NOT Bullish Rally Amidst possibilities of a major price surge, investors should note that Notcoin will face a resistance zone at $0.010 which proved previously effective with a price rejection in October. However, Martinez’s positive projection remains highly possible considering the current robust bullish sentiments in the Notcoin market and general crypto community. The digital asset market has been on the green side following the election of pro-crypto candidate Donald Trump as US President. With the anticipation of a crypto-friendly administration, investors are likely to retain buying pressure in major cryptocurrencies including Notcoin. Moreover, Notcoin continues to secure strategic partnerships that can increase its adoption levels. These include its recent Telegram Gaming Accelerator launched in collaboration with Helika Gaming. At the time of writing, NOT trades at $0.0081 reflecting gains of 4.36% and 5.66% in the past seven and thirty days respectively. In addition, altcoin’s daily trading volume is up by 138.51% and valued at $362.69 million. Featured image from Happycoin.club, chart from Tradingview
The Web3 engine of TON gives Telegram’s Mini Apps a competitive advantage, opening up new monetization tools, according to the TON Foundation ecosystem lead.
The arrest of Telegram's CEO highlights the vulnerability of cryptocurrencies to regulatory actions, impacting investor confidence and market stability.
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The Telegram-based Notcoin token has been making waves since it was introduced to the crypto market a few months ago. Following the market decline, it staged one of the strongest recoveries, rising over 50% in a single day. Given its bullish tendencies, expectations around the altcoin is that it will continue to rise, with one crypto analyst predicting how far the Notcoin price could go from here. Notcoin Price Could Rise To $0.018 In an analysis posted on TradingView, a crypto analyst who goes by “The57Trader” has proposed a bullish scenario for Notcoin. In this case, the altcoin is expected to continue to rise, with a price surge toward its current all-time high levels. Related Reading: Ethereum Bulls Gear Up For Recovery – Can Spot ETFs Push Price To New Highs? The crypto analyst points out that the Notcoin price has actually formed a bullish flag pattern, which forms the basis for this prediction. However, like with all bullish formations, there are levels that the altcoin must hold in order for it to confirm the rally. In this case, that level is the $0.016 area, and it serves as a support for the Notcoin price through market fluctuations. Now, if the altcoin is able to hold this level, then the price could continue to fly, with targets at $0.01731 and $0.01846. However, on the chance that the Notcoin price is unable to hold this level, then the price decline is expected to continue. The target in this case is place at $0.01478, which is around a 15% decline from the support level of $0.016. NOT Breaks Below $0.016 Support Holding the $0.016 support is important to the crypto analyst’s Notcoin price prediction. However, the altcoin has been unable to maintain this level. At the time of writing, the price had already fallen below the $0.016 price level once, suggesting an invalidation of this prediction. Related Reading: Analyst Says Solana Price Could Rise 450% To $840 – Here Are The Drivers Going by the analysis, then from here, the Notcoin price could continue its decline. A crash from here would no doubt be gut-wrenching for investors, but given the altcoin’s past performances following crashes, it is possible that this decline would not last long. However, so far, the Notcoin price has still continued to skirt around the $0.016 level, suggesting that bulls are still in the game. However, if the Bitcoin price continues to decline and drag the crypto market down with it, then the altcoin could see further crashes. For now, the price has recovered above $0.0163 once again, but posting 1.06% losses in the last day, according to data from Coinmarketcap. It is one of the only coins recording losses in the last 24 hours following the Bitcoin recovery above $60,000. Featured image created with Dall.E, chart from Tradingview.com
As the TON blockchain is open-source and permissionless, individual users and projects must be careful to ensure their own safety.
Cobo expands its digital asset custody solutions by integrating the TON blockchain, enhancing security and flexibility for institutional clients.
Telegram Stars can be swapped for Toncoin, an $18 billion cryptocurrency, on Telegram’s Fragment platform.
Pendle Finance and Notcoin recently experienced roughly 58.6% and 400% price growth, respectively and are thus among the recent top performers.
After a retracement from its previous, Notcoin (NOT) has been exhibiting strong bullish momentum that has drawn the interest of both traders and investors. This ongoing upward trend indicates a robust level of market confidence and increasing optimism over its prospects. Market analysts are keeping a careful eye on important indicators and trends as the cryptocurrency rises in order to predict how long this bullish period may remain and what possible heights it may reach. Using a few technical indicators, we will examine Notcoin’s price possibilities in this article focusing on the 1-hour and the 4-hour timeframe. Notcoin’s price was up by 20% as of the time of writing, trading at approximately $0.025, with a market capitalization of over $2.3 billion and a 24-hour trading volume of over $4.4 billion. In the past day, there has been a 16.33% increase in market capitalization and a 106.31% increase in trading volume. Indicators And A Technical Perspective On Notcoin Price Notcoin is currently trading above the 100-day Simple Moving Average (SMA) and remains actively positive in the 1-hour time frame. This suggests that the price is still bullish and that there is still room for price growth. The 1-hour Moving Average Convergence Divergence (MACD) also signals that Notcoin might move bullishly as the MACD histograms are trending above the MACD zero line. In addition, the MACD line and the MACD signal line have crossed each other and are currently trending above the zero line with a good spread between them, suggesting that the price of Notcoin might still move upward. In the 4-hour time frame, it can be observed that NOT, after making a pullback, is attempting another upward bullish rally as it has dropped a bullish candlestick in the last 4 hours. Additionally, the 4-hour MACD displays a bullish signal as the MACD line and the MACD signal line are still highly active above the zero line, and the MACD histograms attempt to rise higher above the zero line. This development suggests that Notcoin is poised for more growth. Future Prospects For The Meme Coin It is worth noting that Notcoin has managed to create a high of $0.029405 and lows of $0.018863, and $0.011381, which are significant milestones in evaluating its price next destination based on its past price action. If Notcoin continues to move upward to the resistance level of $0.029405 and breaks above it, it therefore means that it will move higher to create a new high. However, Notcoin’s price will start to descend in the direction of the $0.018863 support level if it is unable to break above this resistance level. The price may move much farther to test the $0.011381 level and possibly other levels on the chart if it breaks below this support level. Featured image from Binance, chart from Tradingview.com
Notcoin became the fifth most-traded cryptocurrency on Monday, beating the trading volume of Circle’s USDC stablecoin, as social interest continues to drive its price action.
Notcoin (NOT), the play-to-earn token integrated into the Open Network (TON) ecosystem, has made significant waves in the market, becoming the top performer on Thursday. With a surge of over 30% within the past 24 hours, Notcoin has secured the 82nd spot among the largest 100 cryptocurrencies, boasting a market capitalization of $1.25 billion. Notcoin Attracts Millions With Tap-To-Earn Gameplay Launched in 2023 by Open Builders, a team focused on developing social games, Notcoin gained popularity shortly after its release. The game’s gameplay, combined with the strategic use of Telegram’s vast user base, attracted millions of users. Players engage in a Telegram-based Tap-to-Earn game, accumulating Notcoins by tapping on virtual coins. Completing quests, participating in leaderboards, and utilizing boosts enhance the earning potential, making Notcoin an accessible entry point for blockchain gaming newcomers. Related Reading: Crypto Analyst Predicts Top Altcoins To Make A 10x Return In 90 Days Notcoin exemplifies a notable GameFi project, drawing over 35 million users through its engaging gameplay and viral growth. The game promotes social interaction by allowing players to form squads, invite friends, and engage in community-driven activities. With a total supply of 102.7 billion NOT tokens, Notcoin’s allocation strategy prioritizes the community’s involvement. Approximately 78% of tokens, accounting for around 80.2 billion, are allocated to early miners and voucher holders, ensuring a significant portion remains with the community. The remaining 22% is reserved for new users, traders, and future development phases, fostering a decentralized and community-driven ecosystem. NOT Surges To New All-Time High Notcoin experienced a decline in value down to $0.0045 on May 23 after a successful airdrop and listing on major exchanges like Binance. However, the token has since surged to $0.012 within the past 24 hours, reaching a new all-time high. One of the key drivers behind this surge is the increase in on-chain holders, surpassing competitors such as Shiba Inu (SHIB), Bonk Inu (BONK), and Pepe Coin (PEPE). Notcoin boasts over 1.6 million holders, surpassing SHIB’s count of 1.4 million. According to CoinGecko data, Notcoin has also witnessed a substantial increase in trading volume, with a 45% surge compared to the previous day, reaching $1.4 billion traded within 24 hours. Notably, it has become the 7th most traded asset on Binance, surpassing Solana (SOL), Dogecoin (DOGE), and XRP. The introduction of passive earning missions in the Telegram Game has contributed to Notcoin’s recent surge in price, trading volume, and almost doubling of its market cap within a week. Related Reading: Crypto Strategist Who Predicted Bitcoin Rejection At $70,000 Reveals Where Price Is Headed Next As the market awaits further developments, it remains to be seen whether Notcoin’s recent achievements will lead to a continuation of the uptrend, potentially reaching higher levels. The combination of increased on-chain holders, growing trading volume, and the introduction of new gameplay features positions Notcoin for continued growth and market recognition. Featured image from Shutterstock, chart from TradingView.com
The burgeoning world of cryptocurrency continues to grapple with issues of transparency, with a recent donation raising eyebrows across the digital currency landscape. Notcoin, a brand new play-to-earn game built on the Telegram messaging platform, sent a hefty $6.8 million worth of its own tokens (NOT) to Telegram founder Pavel Durov. While framed as a […]
Notcoin co-creator Sasha Plotvinov said the goal was to bridge the gap between Telegram users and crypto.