Notcoin Cryptocurrency Soars, Marking Resurgence with Impressive Bullish Trend

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The cryptocurrency market has been stirred by the noticeable resurgence of Notcoin, a digital asset whose ticker symbol is NOT. This coin, after making a detour from its former tread, has been hitting a strong bullish stride that has caught the attention and piqued the interest of both traders and market investors. The development indicates not only a drastic growth in the value of NOT but also an enhanced fondness and optimism for its potential amongst investors.

As Notcoin continues its bullish sprint upward, market analysts have set their sights on the important indicators and trends that accompany this upward swing. Their aim is to gauge the probable lifespan of this bullish period and the possible peaks it may hit.

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By utilizing a series of technical indicators, this write-up will cast an analytic look over Notcoin’s potential price-cumulatives, delivering a detailed examination that narrows in on the 1-hour and 4-hour timeframe.

At the time of putting pen to paper, Notcoin’s price had shot up by a considerable 20%. Its trading value was approximately $0.025. The cryptocurrency boasted a market capitalization that breached $2.3 billion and a commanding 24-hour trading volume surpassing $4.4 billion. Within the last day, Notcoin’s market capitalization grew by 16.33%, while its trading volume saw a staggering leap of 106.31%.

From a technical perspective, Notcoin is currently priced above the 100-day Simple Moving Average (SMA) and is actively upholding its positive status within the 1-hour time frame. This infers that Notcoin remains bullish with plenty of headroom for additional price appreciation.

An examination of the 1-hour Moving Average Convergence Divergence (MACD) indicates that Notcoin is likely to adhere to its bullish course. The MACD histograms rest above the MACD zero line, predicting an upward movement. The MACD line and the MACD signal line have crossed one another. Now, they trend above the zero line with considerable space between them, further backing the assertion that Notcoin is set to maintain its upward trajectory.

Switching focus to the 4-hour time frame, it can be deduced that NOT, following a pullback, is ready to mount another bullish surge. This judgement is backed by the bullish candlestick dropped in the last 4 hours.

In addition, the 4-hour MACD gives a bullish signal as the MACD line and the MACD signal line remain highly active above the zero line. The MACD histograms strive to climb higher, giving the impression that Notcoin is ushering in a period of growth.

Notcoin’s past price manoeuvres have seen it hit the highs of $0.029405 and lows of $0.018863 and $0.011381. These values serve as crucial markers in determining NOT’s next price-target destination. A continuation of its bullish movement toward the resistance level of $0.029405 and breaking that barrier suggests that Notcoin will attain a new high.

Conversely, if Notcoin fails to overcome this resistance level, its price will likely head downward towards the $0.018863 support level. A plummet below this support level could see Notcoin’s price dive deeper and test the $0.011381 level, and potentially other levels represented on the overall chart.

As we concluded, the recent trading data showed NOT trending at $0.024093 on the 4-hour chart, adding yet another dimension to this riveting market story.